Evonik and Solvias Renew License Agreement
The Catalysts Business Line of Evonik Industries and the Swiss-based company Solvias AG have renewed their license agreement for vanadium-doped precious metal powder catalysts for the hydrogenation of nitro compounds. Evonik will continue to market these catalysts, which were developed by Solvias, on an exclusive basis but the underlying business model has been greatly simplified effective October 1, 2009. “Anyone purchasing these catalysts from Evonik now automatically acquires the right to utilize the technology,” explains Dr. Jürgen Krauter, head of Marketing at Evonik’s Catalysts Business Line. “Additional license agreements and fees will no longer be necessary.”
Solvias will continue to use this technology for customized process development and optimization. This Swiss company thus retains access to the entire platform of technologies for hydrogenation of nitro groups with vanadium-based catalysts. Alongside the ready-to-use vanadium-doped catalysts marketed by Evonik, this includes in-situ variants comprising platinum catalysts to which a vanadium salt is added during the reaction.
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