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Stora Enso developing bio-chemicals with Rennovia
Finnish pulp producer Stora Enso has announced a joint development and license agreement to cooperate on bio-based chemicals development with California-based Rennovia, a specialty chemicals company.
May 16, 2016 By Cindy Macdonald
Under the terms of the agreement, the two companies will cooperate to develop processes for bio-based chemicals of interest to Stora Enso, employing Rennovia’s high-throughput catalyst discovery infrastructure and process development expertise. Rennovia focuses on the technology development of novel catalysts and processes for the production of chemicals from renewable feedstocks.
According to Rennovia’s website, the company is developing processes for the production of biobased glucaric acid, adipic acid, 1,6-hexanediol, hexamethylenediamine (HMD), and other important building blocks for a wide range of functional materials.
Stora Enso is targeting new markets and developing novel products as it transforms itself into a renewable materials company.
“The joint development and technology agreement will accelerate some of the developments Stora Enso is working on and gives us a solid platform to move further in building a portfolio of sustainable bio-based solutions for our customers,” said Juan Carlos Bueno, executive vice-president, biomaterials division at Stora Enso.
“This agreement underscores the broad applicability of Rennovia’s catalytic technologies to the production of a wide range of bio-based chemical products,” said Robert Wedinger, president and CEO of Rennovia.
Stora Enso’s biomaterials division provides pulp to meet the demands of various paper, board and tissue producers, and seeks innovative ways to maximize the value extractable ligno-cellulosic biomasses.
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