AkzoNobel and Itaconix have signed a framework joint development agreement to explore opportunities for the production of bio-based polymers. With this agreement, AkzoNobel will pursue the development and commercialization of bio-based polymers. Itaconix will contribute a proprietary polymerization technology to turn itaconic acid – obtained from sugars through fermentation – into polymers.
Earlier this month, AkzoNobel launched Imagine Chemistry, an open innovation challenge aimed at start-ups and chemistry professionals to find new opportunities for innovation and sustainable growth.
- AkzoNobel, Amsterdam, The Netherlands
- Itaconix Corp., Stratham, NH, USA