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AkzoNobel, Startup Collab on Additives

Thursday, July 26, 2018

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AkzoNobel Specialty Chemicals (Amsterdam) announced this week that it is working with Renmatix (King of Prussia, Pennsylvania), one of the winners of the company’s Imagine Chemistry challenge in 2017, on biomass-based performance additives for paints and construction materials.

The two companies signed an agreement to collaborate on research and development related to Renmatix’s Crysto Cellulose, a form of crystalline cellulose the firm isolated. Renmatix uses a proprietary process to convert biomass into cellulosic sugars and bio-fractions, which can then be used in the manufacture of products that would traditionally be made using less sustainable materials.

Renmatix facility
Renmatix

 Renmatix isolates bio-fractions by breaking materials down using only hot, pressurized water.

"I am impressed by Renmatix's thinking and their development of a biomass conversion technology that is not only disruptive technically and economically, but also enables green chemistry," said Geert Hofman, general manager of AkzoNobel Specialty Chemicals' Performance Additives business.

"We look forward to working with AkzoNobel Specialty Chemicals to advance their sustainability initiatives," said Mike Hamilton, Renmatix CEO. "This agreement is significant because it demonstrates a bright future for plant-based ingredients in the industrial materials segment.”

Renmatix was one of three startups that won joint development agreements through the 2017 Imagine Chemistry program. The firm was awarded the opportunity in response to its novel method of isolating bio-fractions by breaking materials down using only hot, pressurized water.

The companies expect the agreement to result in biomass-derived components for architectural paints and construction materials.

   

Tagged categories: AkzoNobel; Bio-based materials; Coatings raw materials manufacturers; Raw materials

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