Reverdia and Xinfu tie up for succinic acid supply
Reverdia, a joint venture between Dutch materials firm DSM and starch and starch-derivatives company Roquette Frères, has signed a strategic partnership with Hangzhou Xinfu Science & Technology Co., (Xinfu). The partnership represents a collaboration to adopt Reverdia’s Biosuccinium succinic acid in bio-based polymers and co-polymers for the packaging industry, as well as a long-term supply agreement.
Xinfu says it is a global pioneer in fully biodegradable resins and films. It says it will exclusively use Biosuccinium for producing bio-based polymers, derivatives and new cutting-edge biomaterials for packaging applications such as (compostable) single-use bags.
Lin, Executive Director at Xinfu and Member of the Board said, “We have been working with Reverdia since 2011 and proudly commit to this long-term partnership, which will develop more sustainable technologies and materials.”
“These new materials will target the biodegradable packaging market,” said Marcel Lubben, President of Reverdia. “We’re excited to work with an industry pioneer like Xinfu on bio-based solutions and this agreement is yet another example of Reverdia’s global leadership in value chain innovation.”
Biosuccinium succinic acid is produced from renewable, plant-based resources. Produced since 2012, Biosuccinium is sold globally. The technology is also offered under license to value chain partners and co-producers.
(PRA)Copyright (c) 2016 www.plasticsandrubberasia.com. All rights reserved.