27 February 2012 15:59 [Source: ICIS news]
LONDON (ICIS)--Arkema has formed a global partnership with US-based Elevance Renewable Sciences to develop and produce renewable specialty polymers, the French chemicals firm said on Monday.
The companies will work together on a range of bio-based polymers based on Elevance’s specialty methyl ester intermediate.
“Our partnership with Elevance offers Arkema the strategic opportunity to expand our current feedstocks for bio-sourced raw materials and to strengthen our leading position on the fast-growing bio-sourced polymer market with increased capacities for our customers globally,” said Jean-Luc Dubois, scientific director at Arkema.
Andy Shafer, executive vice-president of sales and market development for Elevance, said: “Arkema’s position as producer of high-performing bio-sourced technical polymers is a natural fit for our unique specialty chemicals.”
Illinois-based Elevance creates specialty chemicals from natural oils, which are used in personal care products, detergents, fuels, lubricants and other specialty chemicals markets.
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