Rhodia, member of the Solvay Group, and Avantium announced that they have entered into a partnership to jointly develop a range of new bio-based polyamides targeting a variety of applications. This partnership expands and completes the previously announced development agreement in the field of bio-based engineering plastics between Solvay and Avantium. Building on the newly combined forces of Rhodia and Solvay, the extended relationship offers the partners a unique opportunity to explore a wide range of compositions and applications based on Avantium’s YXY technology in the larger Polyamide field.
In the frame of this joint development, the companies will explore the market potential of polyamide compositions on the basis of YXY building blocks. Produced from renewable and bio-based feedstock, these compositions are expected to exhibit superior environmental profile and at the same time to deliver applicative performances at a competitive cost. Rhodia will test these new polyamides for fibers and engineering applications in various areas such as consumer goods, automotive and electronic materials. Rhodia and Avantium have entered into a multi-year, exclusive collaboration towards commercialization of these new polyamides.
Roquette and Rhodia Acetow have signed a Joint Development Agreement (JDA) to develop new plant-based polymers. The JDA will enable both companies to leverage synergies bringing together respective competencies in the field of plant-based polymer chemistry. Jean Bernard Leleu, Deputy CEO an ... more
Total success of Solvay recommended tender offer for Rhodia
Solvay and Rhodia announced the success of Solvay's tender offer on Rhodia for EUR 31.6 per share and American Depositary Share or ADS (equivalent in USD) and EUR 52.32 (after adjustment) per bond convertible into and / or exchangeable into new or existing shares (OCEANE).The French financi ... more
Rhodia is increasing its worldwide Hydroquinone production capacity
Rhodia has decided to step up its worldwide production capacity by 20%, especially in Rhodia Zhenjiang unit (China), between now and 2012 to consistently meet the increasing needs of both its customers and the markets served over the forthcoming years.The global demand for Hydroquinone is d ... more
BASF and Avantium intend to establish joint venture
BASF and Avantium announced that they have signed a letter of intent and entered into exclusive negotiations to establish a joint venture (JV) for the production and marketing of furandicarboxylic acid (FDCA), as well as marketing of polyethylenefuranoate (PEF), based on this new chemical b ... more
Jeff Kolstad joins Avantium as Chief Scientist to accelerate bioplastics development
Avantium announced that Dr. Jeffrey J. Kolstad has joined Avantium as Chief Scientist. Jeff Kolstad will strengthen Avantium’s team in developing a next generation of bioplastics on the basis of its YXY technology. Previously Chief Scientist at NatureWorks (formerly Cargill-Dow) he was one ... more
Solvay and Avantium to jointly develop green engineering plastics
Solvay and Avantium announced that they have entered into a partnership to jointly develop a next generation of green high-performance polyamides for engineering plastics. The partnership combines Solvay’s leading position in specialty polymers and Avantium’s YXY technology for producing bu ... more
Avantium is a leading technology company specialized in advanced high-throughput R&D for applications in the energy, chemicals and pharmaceutical industries. The company's headquarters and laboratories are located in Amsterdam, in the Netherlands. Avantium's proprietary high-throughput tec ... more
