Akro-Plastic to acquire parts of the Metabolix bio-plastic portfolio

"Mvera" blend henceforth to be marketed by company's BIO-FED branch in Cologne, Germany

Akro-Plastic GmbH, manufacturer of engineering plastics compounds with headquarters in Niederzissen, in the Rhineland-Palatinate region of Germany, will acquire a product range of biodegradable, compostable compounds from Metabolix, Inc. (Cambridge, Massachusetts / USA), a manufacturer of polyhydroxyalkanoates (PHA).

The product range, developed and successfully launched by Metabolix under the brand name “Mvera”, will henceforth be marketed and further developed by Akro-Plastic GmbH through its BIO-FED branch located on BioCampus Cologne, Nattermannallee 1, Cologne, Germany. Security of supply for customers and the transfer of all required technologies and IP to Akro-Plastic have been mutually assured through contract negotiations.

Moreover, the two companies intend to continue working together in future in the area of PHA products and blends. All European employees of Metabolix will continue their work with Akro-Plastic at the BIO-FED branch.

Source

Akro-Plastic, press release, 2014-10-22.

Supplier

AKRO-PLASTIC GmbH
Metabolix

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