{"id":26488,"date":"2015-06-12T02:35:08","date_gmt":"2015-06-12T00:35:08","guid":{"rendered":"https:\/\/rss.nova-institut.net\/public.php?url=http%3A%2F%2Fgreenchemicalsblog.com%2F2015%2F06%2F10%2Fverdezyne-partners-for-european-bio-ddda-sales%2F"},"modified":"2015-06-12T08:51:56","modified_gmt":"2015-06-12T06:51:56","slug":"verdezyne-signs-agreement-with-major-european-chemicals-distributor-will-co","status":"publish","type":"post","link":"https:\/\/renewable-carbon.eu\/news\/verdezyne-signs-agreement-with-major-european-chemicals-distributor-will-co\/","title":{"rendered":"Verdezyne signs agreement with major European chemicals distributor Will &amp; Co"},"content":{"rendered":"<p><strong>CARLSBAD, Calif. &amp; BAD HOEVEDORP, Netherlands \u2014 June 9, 2015 \u2014 Verdezyne, Inc., a privately-held industrial biotechnology company focused on producing renewable chemicals, has reached an agreement with Will &amp; Co, a sales and marketing firm for raw materials, semi-finished products, additives, and pigments, for distribution of Verdezyne\u2019s first commercial product. The exclusive agreement is for sales and distribution of BIOLON\u2122 DDDA (biobased dodecanedioic acid or \u201cDC12\u201d) in Europe, one of the world\u2019s largest chemical markets. BIOLON\u2122 DDDA will be produced at Verdezyne\u2019s commercial-scale plant in Malaysia. The agreement secures off-take for over 25% of the expected plant capacity.<\/strong><\/p>\n<p>Verdezyne\u2019s BIOLON\u2122 DDDA is produced more sustainably than traditional petroleum-derived intermediate chemicals and will be used to make engineering polymer resins, automotive parts, toothbrush bristles, cosmetics, fragrances, and more.<\/p>\n<p>\u201cThis agreement with Will &amp; Co is an important milestone for us because it reflects the strong demand for renewable chemicals and the demonstrated high quality of our product,\u201d said E. William Radany, Ph.D., President and CEO of Verdezyne. \u201cWith a focus on serving customers, Will &amp; Co is the perfect partner for us and we are proud to be associated with them. Having forged this mutually beneficial distribution partnership for a significant portion of our production capacity, we are even more excited to start producing BIOLON\u2122 DDDA as soon as possible.\u201d<\/p>\n<p>Verdezyne\u2019s plant, expected to open in 2017, is anticipated to have the capacity to produce over 10,000 metric tons of diacids annually, including BIOLON\u2122 DDDA, drawing on Malaysia\u2019s diverse and abundant base of plant-derived feedstocks.<\/p>\n<p>\u201cFor some time, our customers have been asking us for an alternative to petroleum-derived chemicals, and Verdezyne\u2019s BIOLON\u2122 DDDA fits the bill perfectly,\u201d commented Jacques van Lindonk, Managing Director at Will &amp; Co. \u201cWe are excited to finally be able to offer them a biobased, versatile, sustainable chemical for such a wide variety of uses, at competitive prices. It is Will &amp; Co\u2019s focus to expand the product portfolio with biobased products, and through our cooperation with Verdezyne we take an important step forward.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Off-take supply agreements seem to be the trend these days in the renewable chemical markets, first &#8230;<\/p>\n","protected":false},"author":3,"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],"tags":[5935],"supplier":[2420,10099],"class_list":["post-26488","post","type-post","status-publish","format-standard","hentry","category-bio-based","tag-bioplastic","supplier-verdezyne-inc","supplier-will-co"],"_links":{"self":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts\/26488","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\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/comments?post=26488"}],"version-history":[{"count":0,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts\/26488\/revisions"}],"wp:attachment":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/media?parent=26488"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/categories?post=26488"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/tags?post=26488"},{"taxonomy":"supplier","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/supplier?post=26488"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}