On January 27, 2017, AkzoNobel, a member of the Biobased and Renewable Products Advocacy Group (BRAG®), signed a framework joint development agreement with Itaconix, a specialty chemicals company and U.S. subsidiary of Revolymer, to explore opportunities for biobased polymer production. According to the agreement, Itaconix will provide proprietary polymerization technology to turn itaconic acid from fermented sugars into polymers and AkzoNobel will carry out the development and commercialization of the biobased polymers. The deal aligns closely with AkzoNobel’s sustainability agenda and will generate biobased polymers with unique properties for use in everyday applications while furthering the development of biobased chemistry on a large scale.
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