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FREIBURG, GERMANY: Solvay Acetow has signed a global cooperation agreement with Accsys Technologies PLC to develop Accoya, a solid, high performance wood, ideal for outdoor use and challenging applications, achieved by acetylation of sustainably sourced timber. Solvay will obtain a non-exclusive option to take up licenses to produce and market Accoya outside Europe. In addition, Accsys will have an option to invest into all production projects that Solvay may develop. “This agreement with Accsys is an opportunity for Solvay to build a new product line with great market potential,” said Olivier Ferrary, President, Solvay Acetow.
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