PolyOne and Segetis: Joint Development Agreement for Bio-Based Materials
PolyOne Corporation, Cleveland, Ohio, USA, a global provider of specialized polymer materials, services and solutions, announced an agreement with Segetis Inc., Golden Valley, MN, USA, a bio-based chemical company, to explore the development of bio-derived plasticizers for use in targeted petroleum and bio-based polymers. PolyOne, a leading innovator in bio-derived polymer compounds, is working with Segetis in response to customer demand for more sustainable product offerings. The joint agreement will help to leverage Segetis’ proprietary levulinic ketal technology, which is based on renewable, sustainable resources, in the development of plasticizers, solvents, and modifiers for the targeted polymers. Initial developments will be tested in the U.S., but all resulting technology platforms will become globally available. The agreement will combine Segetis’ unique technology with PolyOne’s compounding technical expertise to customize formulations on a global basis for a variety of end-use markets, such as electronics, consumer, healthcare and automotive.
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