UPC, Myriant and Sojitz to Develop Bio-succinic Acid Based Plasticizers
Quincy, MA -- Myriant Corporation announced it has formed a three-way joint development agreement with UPC and Sojitz to promote bio-succinic acid based plasticizers. UPC Group, the global leading producer of plasticizers, will utilize Myriants bio-succinic acid in the manufacture of bio-based, phthalate-free plasticizers. Simultaneously, the companies announced that Sojitz Corporation, Myriants sales and marketing partner, will closely work with UPC in sales of UPCs branded bio-based plasticizers.
UPC aims to be a total service provider to the chemical industry including investing in new product development and innovative applications. Bio-based, phthalate-free plasticizers will meet the needs of those customers seeking high-performing, high-quality renewable chemicals to produce environmentally friendly products including plastics and plastic wraps.
"Increasingly, chemical manufacturers are turning to Myriants bio-succinic acid as a key feedstock for producing high-value, bio-based specialty chemicals and bio-products," said David LeBlanc, Head of Global Sales and Marketing for Myriant. "We believe this significant recognition and increase in demand validates the quality of our product as well as our ability to be a reliable supplier of biochemicals to the petrochemicals industry."
"General and specialty plasticizers are the cornerstone of UPCs business and therefore, we pride ourselves on continual innovation to meet the dynamic needs of our customers," said CJ Maa, Senior Manager of Research & Development, Technical & Marketing Support Dept. at UPC Group. "There is a definitive increase in demand for bio-plasticizers as eco awareness becomes mainstream with consumers. As such, we evaluated several options for bio-succinic acid and ultimately, we selected Myriant for the quality and consistency of the product they produce."
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