Potential10 Apr 2019 21:23
Itaconix has signed an exclusive global supply agreement with Nouryon (formerly AkzoNobel Specialty Chemicals) for Itaconix's innovative bio-based polymers used in hair care, skin care, body wash, sun care, and cosmetics.
It is the second supply agreement resulting from a joint development agreement signed by the companies in 2017 to explore opportunities for polymers made from itaconic acid using Itaconix's technology. Earlier this year, the companies announced a supply agreement for Itaconix's polymers with chelating properties that Nouryon will market to customers in the detergents market.
The potential has not sunk in toward's the market