10 May 2011 16:59 [Source: ICIS news]
HOUSTON (ICIS)--Elevance Renewable Sciences plans to cooperate with DSM on developing bio-based high performance thermoplastic materials, the US-based renewable chemicals firm said on Tuesday.
Under a letter of intent, Elevance would provide natural monomers produced from plant oils, along with its proprietary metathesis technology, while DSM would provide expertise in polymer research, application development and commercialisation, Elevance said.
“This collaboration will combine our novel monomers with DSM’s focus on providing the market with high performance polymers to quickly commercialise innovative, bio-based products,” said Andy Shafer, executive vice president of sales and market development for Elevance.
Financial and capacity details were not disclosed.
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