Royal DSM N.V., a global life sciences and materials sciences company headquartered in the Netherlands, and Novomer Inc., based in Waltham, MA, have announced an agreement to jointly develop a revolutionary coating resin using carbon dioxide (CO2) as a raw material.
This development agreement follows a cooperation agreement and
an investment by DSM Venturing in Novomer in 2007. The joint development
project will benefit from the broad variety of DSM’s technologies and market
access, in combination with the unique, efficient CO2polymerization technology of Novomer.
The chemistry and process technology for producing polymers
from CO2and propylene oxide (PO) will be developed by
Novomer, while DSM will convert the polymers into resins and formulate them for
target applications such as coatings, adhesives, and graphic arts. Initial
results are encouraging and suggest that this project might lead to completely
new and improved application properties in coatings.
For more information, visitwww.novomer.com.