Amyris, Wilmar joint venture expand into Asian markets
X
Waste Management Expo 2020 MAR 12&13 BIEC, Bengaluru, India

Amyris, Wilmar joint venture to expand into Asian markets

1:15 PM, 18th June 2011
Amyris, Wilmar joint venture to expand into Asian markets

 

EMERYVILLE, US: Amyris Inc plans to establish a collaboration with Wilmar International Limited. The collaboration will focus on the development and worldwide commercialization of a family of surfactants derived from Amyris Biofene for use in a range of products, including consumer packaged goods, personal care products and industrial applications. The current market for NPEs exceeds $1 billion per year.

Upon completion of the feasibility study and subject to the execution of definitive agreements, Amyris and Wilmar anticipate forming a joint venture entity, through which they would manufacture the products to be marketed by Wilmar through its established channels. The joint venture may produce its own Biofene for captive use.

“This collaboration represents an important step in the additional geographic diversification of our renewable products business. It also looks at its integrated business model, rapid growth mode, Asian presence and distribution footprint combined with our breakthrough technology will provide a powerful platform for capturing a portion of the large global surfactants market,” said John Melo, CEO, Amyris.

© WOC News

 

0 Comments

Login

Your Comments (Up to 2000 characters)
Please respect our community and the integrity of its participants. WOC reserves the right to moderate and approve your comment.

Related News


BASF and Monsanto collaborate for dicamba tolerant cropping system

LUDWIGSHAFEN, GERMANY/ST LOUIS,MISSOURI, USA: BASF and Monsanto Company will collaborate for advancement of dicamba tolerant cropping systems. The ...

Read more
Danisco expands its cellulose gum capacity

QUINCY, US: Myriant Corporation, a low-cost producer of biochemicals that substitute for petroleum-based industrial chemicals, revealed Friday in a re ...

Read more
Eni and Novamont form bio refinery joint venture in Italy

ROME, ITALY: Eni and Novamont Spa signed a joint venture that, under the banner of Green Chemistry, they will relaunch one of the key areas of researc ...

Read more
Agrium to acquire Tetra Micronutrients in Nebraska

CALGARY, CANADA: Agrium Inc will purchase International Mineral Technologies (Tetra Micronutrients) located in Fairbury, Nebraska, specializing in pro ...

Read more
PPG completes acquisition of Equa-Chlor for $ 27 million

PITTSBURGH, US: PPG Industries has completed the acquisition of certain assets of Equa-Chlor Inc, for a transaction value of approximately $ 27 millio ...

Read more
Perstorp expands neopentyl glycol capacity in China

  Perstorp invests in extended capacity for polyalcohol neopentyl glycol by establishing production at the group’s manufacturing site in Z ...

Read more
www.worldofchemicals.com uses cookies to ensure that we give you the best experience on our website. By using this site, you agree to our Privacy Policy and our Terms of Use. X