Albemarle to produce renewable base oils for Amyris, Cosan JV
US specialty chemicals producer Albemarle has agreed to supply base oils to Novvi, a joint venture between Amyris and Cosan focused on the development, production, marketing and distribution of renewable base oils from Biofene, Amyris' renewable farnesene.
Under the terms of the agreement, Albemarle's fine chemistry services (FCS) division will serve as a custom scale-up and production partner for synthetic, renewable base oils for the lubricants market.
Novvi will market NovaSpec, the venture's synthetic renewable base oils produced at Albemarle, to finished lubricant manufacturers globally.
"Novvi seeks to be a leading supplier of renewable base oils for high-performance lubricants with reduced environmental impact, said Lineu Moran, managing director of Novvi.
Pending regulatory activities, Albemarle expects to commence production of NovaSpec base oils in the near future at its facility in Orangeburg, South Carolina, utilizing Biofene produced and supplied by Amyris, it said.
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