{"id":22577,"date":"2014-09-23T03:00:01","date_gmt":"2014-09-23T01:00:01","guid":{"rendered":"https:\/\/renewable-carbon.eu\/news\/?p=22577"},"modified":"2021-09-09T21:48:49","modified_gmt":"2021-09-09T19:48:49","slug":"akzonobel-photanol-developing-chemical-compounds-future","status":"publish","type":"post","link":"https:\/\/renewable-carbon.eu\/news\/akzonobel-photanol-developing-chemical-compounds-future\/","title":{"rendered":"AkzoNobel and Photanol developing chemical compounds of the future"},"content":{"rendered":"<p><strong>AkzoNobel and cleantech company Photanol have teamed up to develop a process for harnessing the power of the sun to make chemicals.<\/strong><\/p>\n<p><strong>The two companies will work on creating sustainable technology which mimics the way plants use photosynthesis. The aim is to produce \u201cgreen\u201d chemical building blocks that will eventually replace raw materials AkzoNobel currently obtains from fossil-based production.<\/strong><\/p>\n<p>\u201cGiven the challenges the world is facing in terms of resource scarcity, we are actively looking for bio-based alternatives for our chemicals and Photanol\u2019s existing technology is a potential game-changer,\u201d explained Peter Nieuwenhuizen, AkzoNobel\u2019s Director of Innovation and Partnerships.<\/p>\n<p>\u201cWe are constantly looking for less traditional solutions as we strive to do more with less and this exciting partnership \u2013 which has the potential to significantly reduce our carbon footprint \u2013 is a perfect example of our Planet Possible approach to sustainability.\u201d<\/p>\n<p>The collaboration is focused on Photanol\u2019s existing proprietary technology, which uses light to directly convert CO<sub>2<\/sub> from the air into predetermined raw materials such as acetic acid and butanol. The only by-product is oxygen.<\/p>\n<p>Michiel Lensink, Photanol CEO, added: \u201cThe cooperation with AkzoNobel is of major strategic importance to us. Not only does it give us access to a large potential market, but AkzoNobel\u2019s processing technology expertise also means that we will shorten our time to market.\u201d<\/p>\n<p>The two companies will start by developing a number of specific chemicals that are currently used by AkzoNobel\u2019s Specialty Chemicals Business Area. The partnership is intended to be a stepping stone for potential commercial production of fourth generation bio-based chemicals.<\/p>\n<p>AkzoNobel\u2019s chemicals are used extensively by the chemicals, detergent, construction, food, pulp and paper and plastic industries.<\/p>\n<p>&nbsp;<\/p>\n<h3>About AkzoNobel<\/h3>\n<p>AkzoNobel is a leading global paints and coatings company and a major producer of specialty chemicals. We supply industries and consumers worldwide with innovative products and are passionate about developing sustainable answers for our customers. Our portfolio includes well-known brands such as Dulux, Sikkens, International and Eka. Headquartered in Amsterdam, the Netherlands, we are consistently ranked as one of the leaders in the area of sustainability. With operations in more than 80 countries, our 50,000 people around the world are committed to delivering leading products and technologies to meet the growing demands of our fast-changing world.<\/p>\n<h3>About Photanol<\/h3>\n<p>Photanol developed a breakthrough technology to convert CO<sub>2<\/sub> into valuable organic compounds. The Photanol technology is fundamentally the most efficient bio based production method to convert CO<sub>2<\/sub> directly into valuable organic compounds such as biofuels, bioplastics, essential oils and many others. The only byproduct formed is oxygen.<\/p>\n<p>The Photanol-concept uses engineered cyanobacteria that turn CO<sub>2<\/sub> directly and efficiently into predetermined products when exposed to light. By genetically introducing properties of fermentative bacteria into these cyanobacteria, the Photanol technology enables these bacteria to produce and excrete valuable compounds.<\/p>\n<h3>About Icos Capital<\/h3>\n<p>Icos Capital is an independent venture capital firm investing in European early stage cleantech companies with breakthrough technology propositions. Leading European Investors have identified ICOS Capital to be the leading example of a successful European clean tech VC firms due to its unique Collaborative Corporate Venturing model where top tier global corporates jointly participate to drive innovation.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Contacts<\/strong><\/p>\n<p>AkzoNobel<br \/>\nPaul Thomas<br \/>\nT +31 20 502 7833E<br \/>\nE-Mail: <a href=\"mailto:Media.relations@akzonobel.com\" target=\"_blank\" rel=\"noopener\">Media.relations@akzonobel.com<\/a><\/p>\n<p>Photanol<br \/>\nMichiel Lensink<br \/>\nT +31 624774772<br \/>\nE-Mail: <a href=\"mailto:Michiel.Lensink@Photanol.com\" target=\"_blank\" rel=\"noopener\">Michiel.Lensink@Photanol.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>AkzoNobel and cleantech company Photanol have teamed up to develop a process for harnessing the power of the sun to make chemicals. The two companies will work on creating sustainable technology which mimics the way plants use photosynthesis. The aim is to produce \u201cgreen\u201d chemical building blocks that will eventually replace raw materials AkzoNobel currently [&#8230;]<\/p>\n","protected":false},"author":59,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"","nova_meta_subtitle":"","footnotes":""},"categories":[5572,5571],"tags":[],"supplier":[752,8039,8038],"class_list":["post-22577","post","type-post","status-publish","format-standard","hentry","category-bio-based","category-co2-based","supplier-akzonobel-corporate","supplier-icos-capital","supplier-photanol"],"_links":{"self":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts\/22577","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/users\/59"}],"replies":[{"embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/comments?post=22577"}],"version-history":[{"count":0,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts\/22577\/revisions"}],"wp:attachment":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/media?parent=22577"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/categories?post=22577"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/tags?post=22577"},{"taxonomy":"supplier","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/supplier?post=22577"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}