ADM and P2 Science to collaborate in the development of renewable chemicals and materials
Type of post: NEWS.
ADM and P2 Science (P2) have signed a Memorandum of Understanding
(MoU) that intends to build on both companies’ expertise in the field of
chemistry and renewable materials derived from plants. The MoU proposes the
companies will work together in the development of commercial opportunities for
plant-based monomers, polymers and ingredients for personal care and flavors
& fragrances (F&F).
Press release: “ADM and P2 Science to Collaborate in
Plant-Based Specialty Chemicals and Materials”, 14/1/2020.
Figure 1. ADM and P2 Science to collaborate in
the development of renewable chemicals and materials
ADM has a portfolio of plant-based feedstocks
including carbohydrates, vegetable oils and terpenes. P2 has developed a suite
of patented green chemistry process technologies that convert renewable
feedstocks into high value specialty chemicals. P2 also has a growing portfolio
of novel aroma chemicals and cosmetics ingredients. Under the terms of the MoU,
the companies will bring these and other strengths together with the aim of
developing business opportunities in the growing market for plant-based,
renewable chemicals and materials. The initial program targets will include
monomers for polyesters and polyamides and other chemical intermediates derived
from vegetable oil feedstocks.
ADM is committed to growing its sustainable
materials platform by combining agricultural feedstocks with world-class
technology to provide renewable solutions to customers throughout the value
chain. In 2018, ADM and DuPont opened the world’s first pilot production
facility for biobased FDME (“ADM and DuPont open a FDME pilot
plant in Illinois”,
3/5/2018) and earlier this year announced a joint development with LG Chem to
produce biobased acrylic acid.