AkzoNobel Announces First Biobased Polymer Application Agreement With Itaconix
On July 26, 2017, AkzoNobel, a member of BRAG, announced that its Specialty Chemicals business issued in final the first in a series of application agreements for biobased polymers from its collaboration with Itaconix, a specialty chemicals company and U.S. subsidiary of Revolymer. AkzoNobel develops Itaconix’s proprietary polymers from itaconic acid for commercial use in the coatings and construction industries. Peter Nieuwenhuizen, Research, Development and Innovation Director for AkzoNobel’s Specialty Chemicals business, stated that the collaboration fits closely with AkzoNobel’s Planet Possible sustainability agenda of doing more with less and its approach to embracing open innovation for more sustainable solutions.
AkzoNobel signed a framework joint development agreement with Itaconix to explore opportunities for biobased polymer production on January 27, 2017, as previously reported in the BRAG blog post AkzoNobel to Produce Biobased Polymers with Itaconix.