TNO launches a spin-off company focused on bio-aromatics
Type of post: NEWS IN BRIEF.
TNO has announced the launch of Relement, its 25th spin-off company which will be focused on the development, production and marketing of specialty bio-aromatics.
Press release: “TNO launches 25th spin-off company in the presence of the EZK State Secretary”, 11/11/2020.
Related posts:
- “TNO acquires the bio-aromatics patent portfolio of Avantium”, 25/02/2020.
- “TNO is installing a pyrolysis pilot plant for bio-aromatics production at the Green Chemistry Campus”, 15/10/2020.
Figure 1. TNO launches Relement, a spin-off company focused on specialty bio-aromatics
Relement was established for the development, production and marketing of bio-aromatics developed by TNO within the Biorizon Shared Research Center. Aromatics are essential raw materials for coatings, adhesives, insulating foams and other high-quality applications. 40% of all chemical building blocks consist of aromatics, which can currently only be produced from fossil raw materials. Relement wants to replace the current fossil aromatics with special bio-aromatics which are much more sustainable and offer better performance.
Relement originated in the Tech Transfer programme that was set up more than three years ago to bring TNO’s knowledge to the market and thus realise societal impact. TNO’s mission is to develop innovative knowledge and to apply that knowledge in order to create societal impact. This knowledge leads mainly to application by existing partners of TNO, companies and public authorities. When external capital is required to convert the knowledge into products, TNO opts for an additional method of achieving this: the creation of new companies. Within the programme, this is done by developing business cases, doing market research, connecting entrepreneurs and involving investors.