WILTON, England -- INVISTA’s technology and licensing business ? INVISTA Performance Technologies (IPT) ? and Plaxica, a chemical technologies company focused on the development of technology for the production of low cost lactic acid from biomass, have entered into a collaboration that is expected to accelerate the commercialization of Plaxica’s technology.
Under the agreement, in which INVISTA will have an option for an equity stake in Plaxica, INVISTA will provide Plaxica engineering, technical and commercial support from its global technology licensing organization. The two companies will work together to develop and commercialize Plaxica’s lactic acid technology, which the companies believe will offer substantial cost and performance benefits to licensees in the polylactic acid and bio-propylene glycol value chains.
“We are delighted to be working with INVISTA,” said Philip Goodier, CEO of Plaxica. “This deal gives us access to INVISTA’s considerable expertise in process technology licensing and to their global engineering, commercial and client support capabilities. We are confident that Plaxica’s strong technology base and existing client relationships, combined with INVISTA’s expertise and reputation built over many years of successful licensing in the global polyester industry, will strengthen and accelerate the commercialization of our technologies.”
“Plaxica’s technology offers an exciting opportunity to add to our technology licensing portfolio in a growing sector,” said Mike Pickens, IPT president. “We are very happy to be collaborating with Plaxica to bring their technology to the market.”
Plaxica’s lactic acid technology will soon be available from INVISTA.
<
本站所有信息與內容，版權歸原作者所有。網站中部分新聞、文章來源于網絡或會員供稿，如讀者對作品版權有疑議，請及時與我們聯系，電話：025-85303363 QQ：2402955403。文章僅代表作者本人的觀點，與本網站立場無關。轉載本站的內容，請務必注明"來源：林中祥膠粘劑技術信息網（www.www.proactivelibertylake.com）".
加載中...
