Ashland, Virginia and Abingdon, Oxfordshire U.K. (September 7, 2016) – Green Biologics, Inc., the U.S. subsidiary of Green Biologics Ltd., a U.K. industrial biotechnology and renewable chemicals company, and Acme Hardesty, a division of Jacob Stern & Sons, Inc. and a leading U.S. supplier of bio-based chemicals, announced at the In-Cosmetics Show in New York City a joint development agreement focused on addressing the sustainability needs within personal care markets by offering 100 percent bio-based esters to Acme Hardesty’s customers.
Together, the companies plan to produce a full range of butyl and isopropyl esters using products manufactured at Green Biologics’ new renewable chemicals production plant in Little Falls, Minnesota. As part of the agreement, Green Biologics will provide 100 percent bio-based n-butanol and100 percent bio-based isopropyl alcohol, produced from their renewable acetone, for esterification. Acme Hardesty will source necessary acids and oils to produce the targeted esters, including isopropyl myristate, isopropyl palmitate, butyl myristate, butyl palmitate, butyl stearate, butyl oleate, and dibutylsebacate, with the potential to produce other high value esters in the future.
Acme Hardesty will be responsible for product marketing, supported by Green Biologics’ green chemistry laboratory in Ashland, Virginia. Green Biologics and Acme Hardesty will also jointly market 100 percent bio-based esters into other industrial sectors, including lubricants, plastics, and specialty solvent markets.
“We’re delighted to move forward with our collaboration with Acme Hardesty,” said Timothy G. Staub, Global Vice President of Business Development for Green Biologics. “Their rich history in sustainable chemistry makes Acme Hardesty the industry leader in distributing and marketing bio-based solutions to personal care and industrial markets, and we’re pleased to strengthen our relationship with an outstanding partner.”
Green Biologics’ is in the early start-up stages of its first commercial production facility for renewable n-butanol and acetone in Little Falls, Minnesota, with the aim of beginning shipments to customers by Q4 of this year. Green Biologics is a member of the American Chemistry Council (ACC) and is committed to Responsible Care®. All products produced by Green Biologics are USDA BioPreferred® and 100 percent renewable.
“We’re excited to extend our growing bio-based product line with Green Biologics,” said Graeme Biggin, Business Development Director for Acme Hardesty. “This is a fantastic expansion of the bio-based solutions that we offer, which include Green Biologics’ existing renewable n-butanol and acetone,” he adds. “We had an enthusiastic response at our booth at the In-Cosmetics Show in New York on September 7-8.”
Source
Green Biologics Inc., press release, 2016-09-07.
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