US-based polymers group INVISTA and UK-based industrial
biotechnology company Ingenza will
collaborate on the development of new technologies to
enable bio-derived processes for the production of industrial
chemicals, the companies said on Tuesday.
INVISTA believes biotechnology has the potential to
significantly improve the cost and availability of several
chemicals and raw materials that are used to produce its
current products, said Warren Primeaux, president of
We see Ingenzas capabilities as very complementary
to our own and are pleased to announce this extended
collaboration," he added.
The collaboration will leverage INVISTAs capabilities
in biotechnology and catalysis, as well as its knowledge
of the chemicals industry. It will also utilize Ingenzas
synthetic biology and industrial biotechnology capabilities for the
development of new, bio-derived routes to industrial
This exciting partnership with INVISTA brings together
two innovative, global leading companies that could establish a
new generation of transformational bio-manufacturing
technologies for industrial chemicals and polymers,"
said Ian Fotheringham, president of Ingenza.