AkzoNobel has signed a framework joint development agreement with Itaconix 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.
The company is a US subsidiary of Revolymer, which is also working with AkzoNobel on a marine coatings project.