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(nèi)容，版權(quán)歸原作者所有。網(wǎng)站中部分新聞、文章來源于網(wǎng)絡(luò)或會(huì)員供稿，如讀者對(duì)作品版權(quán)有疑議，請(qǐng)及時(shí)與我們聯(lián)系，電話：025-85303363 QQ：2402955403。文章僅代表作者本人的觀點(diǎn)，與本網(wǎng)站立場(chǎng)無關(guān)。轉(zhuǎn)載本站的內(nèi)容，請(qǐng)務(wù)必注明"來源：林中祥膠粘劑技術(shù)信息網(wǎng)（m.423344.com）".
加載中...
