ADM and P2 Science implement joint development agreement

摘要

ADM and P2 Science, Inc. have executed a joint development agreement (JDA) directed toward the commercialization of an initial set of renewable plant-based products used in high value markets. This JDA follows the Memorandum of Understanding (MOU) signed between the companies in January of this year. The first products covered by the JDA include, but are not limited to, renewable terpene monomers and polymers, mid-chain fatty alcohols and acids, polyesters, polyamides, plasticizers and surfactants. The major markets for these products include cosmetics, skincare, paints and coatings, automotive, construction, etc. ADM has a leading global portfolio of plant-based products, as well as advanced processes and fermentation technology.