Chemicals companies shift to EU regulation in no-deal survival plan

JASPER JOLLY | February 17, 2019 | 220 views

The threat of a no-deal Brexit has prompted more than 50 chemicals companies to move regulatory approvals from the UK to the EU. The companies, which have operations in the UK, have applied to use European Union regulators for critical authorizations to protect their ability to do business legally. Their current authorizations will become worthless if there is no transition arrangement following 29 March, the planned date of Brexit, according to data provided to the Guardian by the European Commission.

Spotlight

AlphaChrom ltd

The company AlphaChrom d.o.o. is the authorized distributor of: Agilent Technologies, Inc. analytical equipment manufactured by the US company, leading provider of solutions to measure greenhouse gas (GHG) concentrations, trace gases and stable isotopes, Molecular Devices, world’s leading providers of high-performance bioanalytical measurement solutions for life science research, pharmaceutical and biotherapeutic development.

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Chemical Technology

Application of Chromatography in Various Industries is Changing the Game!

Article | July 14, 2022

Used to separate and analyze compounds into their various components— chromatography plays a crucial part not just in the food industry but in the realms of drug testing, forensics, and even quality control in our favourite alcoholic drinks as well. Advanced Chromatography is an analytical technique introduced to the world by chromatography instrument companies to separate and analyze individual chemicals from complex compounds. Recent developments in the biotechnology and pharma industries have created a significant surge in the chromatography market. Read on to find out five fascinating facts about the day-to-day applications of chromatography in various industries and why businesses are looking to invest more in OEM chromatography manufacturing. Why are Industry-Decision Makers Adapting to Chromatography? Liquid Chromatography; A Popular Choice in Drug Testing Today, a lot of drug tests use liquid chromatography-mass spectrometry because it is easy to use, widely available, and gives quick results. LC and LC-MS can be done in almost any testing facility, which is different from other methods. It can be run by people with little training, so a testing facility can hire mostly technicians instead of highly trained scientists, who are harder to find. LC-MS is also very accurate, which means that there are fewer false positives. With liquid chromatography, you can get results in about 10 to 30 minutes, which is very fast. This technology is used by many drug testing labs across the country. It is widely used and trusted for testing drug samples and many other things. Businesses associated with the sports industry are leveraging chromatography to effectively and accurately test athletes for doping or performance-enhancing drugs. Use of HPCL in Pharmaceutical Industries Chromatography is used in the medical and pharmaceutical industries to create vaccines. In addition, chromatography can determine which antibodies best neutralize viruses and diseases. Mapp Biopharmaceutical, Inc. used the chromatography technique to develop the experimental immunization Zmapp to counteract the deadly Ebola virus. And it is still being used today to fight the coronavirus. The pharmaceutical industry has gained enormous success by exclusively using HPLC to obtain precise results during drug trials. The results can be used to analyze finished drug products and their ingredients quantitatively and qualitatively during manufacturing. The Detector in Forensic Science Chromatography methods are a well-established, powerful suite of methodologies in forensic science, from drug busts, murders, and robberies, to the identification of a plethora of chemical compounds that may be present in samples from terrorist incidents. Forensics use gas chromatography to help solve crimes. It helps analyze blood and clothing samples, allowing forensic scientists to investigate who and what was present at a crime scene. In particular instances, chromatography can even help forensic scientists pinpoint the exact whereabouts of the alleged perpetrator and victim before the crime happened. It’s an error-free process. Therefore, it is incredibly helpful in court. Additionally, chromatography is extremely handy in arson investigations. Most fires have a virtual cocktail of different substances. Every compound and substance differs in size and weight. Chromatography helps break down these varying compounds and substances to help determine what exactly started the fire. Liquid Chromatography in Food Industry Liquid chromatography plays a vital role in the food industry nowadays. It absolves and permits the selective removal of a wide variety of flavor and non-flavor-active food ingredients. The USDA, along with other countries, has prioritized rigorous testing of processed meat's contents. For example, in 2013, it was found that horsemeat was being sold as beef without anyone noticing. As a result, the food industry decided to change its analytical techniques. Chromatography quickly became the best way to find out what was in processed meats. High-Performance Liquid Chromatography and mass spectrometry were used to ensure that meat labeled beef was actually beef. In addition, it could tell if horse meat was mixed in with the beef, which helped keep people safe. Bio-Rad Fast Acid Analysis Column in Beverage Testing Not just food, many beverage manufacturers also use chromatography to ensure that each bottle of their product is the same. But, again, consistent taste is the main priority. And knowing the exact content of each bottle is the most proactive way to measure things. The Bio-Rad fast acid analysis column has been successfully used by many companies to quantitatively determine vitamin C in juices, fresh drinks, and powdered drinks. Chromatography Market is Opening New Dimensions in Various Businesses Undoubtedly, technological advancement has created a vigorous need for chromatography devices. According to Verified Market Research, growing at a CAGR of 3.4% from 2020 to 2027, the chromatography market is projected to reach USD 4.73 billion by 2027. The chromatography instrumentation market is currently witnessing huge advancements in the design of columns. This is raising the demand for development of better analytical reagents and resins. Increasing collaborations among the existing players, specifically in the Asian market is another propelling factor for this market. Additionally, emergence of green chromatography, increasing usage of chromatography instruments for monoclonal antibody purification, and usage of nanomaterial in chromatography are also fuelling the growth of this market. Plus, increased government funding in research and development activities is further driving the market growth. With various pharmaceutical and biotechnology companies, chemical, food and beverage, and other industries contributing to its market growth, one thing is for sure— the increase in the chromatography system market is here to stay.

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Chemical Management

We can solve the plastic waste crisis but we don’t have much time

Article | July 13, 2021

IN 2015, a global agreement was reached that 8m tonnes a year of plastic waste entering the oceans was unacceptable, according to this September 2020 article in The Conversation. This was the amount of plastic that was estimated to have ended up in the oceans in 2010. “Several international platforms emerged to address the crisis, including Our Ocean, the UN Sustainable Development Goals and the G7 Ocean Plastic Charter, among others,” continued the article. But in 2020, an estimated 24m-34m tonnes of plastic waste was forecast to enter our lakes, rivers and oceans. This could reach as much as 90m tonnes in 2030 if the current trajectory continued, said The Conversation. This is the type of information out there, free to view on the internet and accessible via a very quick Google search, representing a major challenges for our industry. I cannot of course verify the numbers. But they are out there. Also out there is a May 2019 article by the World Economic Forum (WEF), which provided a good summary of research into what experts believed was the scale of the waste problem in the developing world.

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Chemical Technology

Organic Catalyst Boasts Big Benefits

Article | August 8, 2022

An enzyme-mimicking catalyst opens a new route to important organic molecules such as glycolic acid and amino acids from pyruvate, report researchers in Japan. Moreover, the new catalyst is cheaper, more stable, safer and more environmentally friendly than conventional metal catalysts used in industry, they note, adding that it also displays the high enantioselectivity required by the pharmaceutical industry. “On top of these advantages, our newly developed organic catalyst system also promotes reactions using pyruvate that aren’t easily achievable using metal catalysts,” says Santanu Mondal, a PhD candidate in the chemistry and chemical bioengineering unit at Okinawa Institute of Science and Technology (OIST) Graduate University, Okinawa, Japan, and lead author of a study recently published in Organic Letters. “Organic catalysts, in particular, are set to revolutionize the industry and make chemistry more sustainable,” he stresses. The researchers use an acid and an amine mixture to force the pyruvate to act as an electron donor rather than its usual role as an electron receiver (Figure 1). Effectively mimicking how enzymes work, the amine binds to the pyruvate to make an intermediate molecule. The organic acid then covers up part of the intermediate molecule while leaving another part that can donate electrons free to react to form a new product. Currently, the organic catalyst system only works when reacting pyruvate with a specific class of organic molecule called cyclic imines. So, the researchers now are looking to develop a more-universal catalyst, i.e., one that can speed up reactions between pyruvate and a broad range of organic molecules. The challenge here is to try to make the electron-donating intermediate stage of pyruvate react with other functional groups such as aldehydes and ketones. However, different catalysts create different intermediates, all with different properties. For example, the enamine intermediate created by the researchers’ new reaction only reacts with cyclic imines. Their hypothesis, currently being investigated, is that creation of other intermediates such as an enolate, if possible, would achieve a broader pyruvate reactivity. In terms of cost, the researchers note that a palladium catalyst used in similar reactions is 25 times more expensive than their organic acid — which also is made from eco-friendly quinine. In addition, they believe scale-up of the process for industrial use definitely is possible. However, the researchers caution that the current amine-to-acid-catalyst loading ratio of 1:2 probably would need to be optimized for better results at a larger scale.

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Chemical Management

Pandemic’s third wave seems unlikely to damage global petrochemicals demand

Article | July 22, 2021

Petrochemical stocks plunged worldwide on 19 July ahead of the Q2 earnings season. The declines were consistent with those in economically sensitive sectors such as steel, copper, automotive and housing,” wrote my ICIS colleague, Joseph Chang, in this Insight article.

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Spotlight

AlphaChrom ltd

The company AlphaChrom d.o.o. is the authorized distributor of: Agilent Technologies, Inc. analytical equipment manufactured by the US company, leading provider of solutions to measure greenhouse gas (GHG) concentrations, trace gases and stable isotopes, Molecular Devices, world’s leading providers of high-performance bioanalytical measurement solutions for life science research, pharmaceutical and biotherapeutic development.

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Chemical Management

Danimer Scientific and Chevron Phillips Chemical Expand Collaboration to Include Application Development for Rinnovo™ Polymers

businesswire | September 21, 2023

Danimer Scientific, Inc. a leading next-generation bioplastics company focused on the development and production of biodegradable materials, today announced it is expanding its collaboration with Chevron Phillips Chemical (“CPChem”) to explore development and commercialization of cast extrusion films, blown extrusion films, injection molded parts and rotational molded parts using Rinnovo™ polymers produced in a loop slurry reactor process. Rinnovo™ is a type of polyhydroxyalkanoate (“PHA”) synthesized from lactones produced using Danimer’s proprietary Novo22™ catalyst technology, which can be used in the production of biodegradable alternatives to traditional plastics. The collaboration expands on Danimer and CPChem’s previously announced agreement, in which Danimer is evaluating the use of CPChem’s loop slurry reactor design to develop a continuous reactor system in the manufacturing process for Rinnovo™. Stephen E. Croskrey, chief executive officer of Danimer, said, “Our business relationship with CPChem continues to yield results, and we’re excited for the further opportunities that lie ahead. CPChem’s Research and Technology lab in Bartlesville, Oklahoma, is a premier facility staffed with world-class talent that we believe will accelerate the path toward adoption of Rinnovo™ materials in high-volume applications that will assist in lowering the cost to serve key markets.” Opened in 1950 by Phillips 66, CPChem’s Bartlesville facility contains first-class research equipment allowing for rapid testing of products across various processing conditions. Additionally, the facility’s testing and analytical capabilities provide a more rapid feedback loop, accelerating the development and optimization of resin formulations. “We continue to be excited about the potential of our MarTECH® process technology and related collaborations to advance Danimer’s Rinnovo™, another CPChem initiative that can help accelerate change for a more sustainable future,” said Venki Chandrashekar, CPChem vice president of research and technology. About Danimer Scientific Danimer is a pioneer in creating more sustainable, more natural ways to make plastic products. For more than a decade, its renewable and sustainable biopolymers have helped create plastic products that are biodegradable and compostable and return to nature instead of polluting our lands and waters. Danimer’s technology can be found in a vast array of plastic end products that people use every day. Applications for its biopolymers include additives, aqueous coatings, fibers, filaments, films and injection-molded articles, among others. Danimer holds more than 430 granted patents and pending patent applications in more than 20 countries for a range of manufacturing processes and biopolymer formulations.

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Chemical Management

Vantage® Launches "Effortless Color" Formulation Collection for Multifunctional Color Cosmetic Essentials

prnewswire | September 14, 2023

Vantage has just introduced "Effortless Color," a collection of eight color cosmetic formulations building on consumer trends for multifunctional products. The latest installment in its 'Spark Inspiration' quick formulation program offers cosmetic chemists and formulators a starting point to accelerate their innovation pipeline as they create new product formulations. The eight "Effortless Color" formulations range from hybrid foundations to multi-use blushes and bold lip products. These prototypes marry the advanced technology from Vantage's premium ingredients with formulations expertise from the Company's in-house research & development team. Supported by market trends and industry knowledge, the resulting kit offers beauty manufacturers high-performing, on-trend product formulations which can be used as is or as a starting point for their creations. "Guided by market insights revealing that more than two thirds of American makeup users seek multi-functional products, we've meticulously curated formulations that honor the diverse spectrum of beauty through effortless, yet multifaceted essentials. This new collection is the latest of our Spark Inspiration series, that are aimed at accelerating our beauty customers' innovation pipeline," said Sebastien Massard, Global Director Strategic Marketing, Personal Care. The collection's hybrid foundations, multi-use blushes and bold lip formulations feature the Company's high-performing ingredients including actives like the BP TRILURONIC ACID A and the STRATAPHIX series; natural oils such as LIPOVOL® GTB and DW JOJOBA OIL; and natural silicone alternatives from the JEECHEM® NDA line. The formulations include Three versatile face products. Fresh Canvas Multi-Use Concealer can be used as a spot treatment to hide blemishes or as a full-coverage foundation. Tinted Zinc Shield is a lightweight tinted moisturizer that also includes an SPF-30. Hydrating Tinted Face Oil offers a buildable finish and can be applied on its own or worn as a primer before adding concealer or foundation. Blush Duo to bring a pop of color and help create a cohesive makeup look. Color Sculpt Trio is presented as a stick formula that glides on smoothly and quickly as it's applied. All-Over Glow Blusher can be used to brighten cheeks and eyes, acting as a two-in-one liquid blush. Three formulated lip products that each provide a different finish and benefit. The Hydrating Satin Lipstick is made with hydrating ingredients which offer a rich, creamy formulation. Dreamy Velvet Lip, a bold, matte liquid lipstick, leaves a smooth, lush finish. Plush Fruity Gloss provides a glassy shine leaving the lips feeling full and plump. About Vantage Personal Care Vantage Personal Care is one of the fastest growing and most reliable suppliers of personal care and beauty formulations and ingredients. An agile provider of forward-looking solutions that delight our customers through a responsible portfolio of naturally derived products, Vantage Personal Care focuses on skin, hair and sun care and color cosmetics. Vantage Personal Care serves its customers with formulation troubleshooting, new product development, and alternative sourcing solutions and on being the fastest developer of new product concepts in sensorial textures, skin health & delivery systems, and natural oils.

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Chemical Management

Lummus and RWDC Announce Agreement to Accelerate and Scale PHA Production

prnewswire | September 12, 2023

Lummus Technology, a global provider of process technologies and value-driven energy solutions, and RWDC Industries, a biotechnology company developing biopolymer material solutions, announced a binding Joint Development and Commercial Cooperation Agreement (JDCCA) to rapidly expand manufacturing and global licensing of polyhydroxyalkanoates (PHA). In April, Lummus and RWDC signed a memorandum of understanding (MOU) to cooperate on global PHA deployment initiatives. "This agreement highlights Lummus and RWDC's strong commitment to addressing plastic waste and the carbon footprint associated with conventional plastics production," said Leon de Bruyn, Lummus Technology's President and Chief Executive Officer. "Our partnership in this innovative space aligns with the United Nations' Sustainable Development Goals, reflecting our ongoing dedication to developing technologies that accelerate the use and availability of eco-friendly plastics." "We look forward to the value that will be created in combining Lummus' expertise with ours to improve people's lives and health by making PHA polymers and resins available at large scale," said Dr. Daniel Carraway, RWDC's Chief Executive Officer. "It has always been our goal to develop sustainable materials that benefit every living thing on the planet, and this partnership is a monumental step in that direction. Lummus' and RWDC's decision to work together is an exciting development toward making it possible for more people to benefit from natural materials while preserving resources and our environment for future generations." RWDC uses plant-based oils, including post-consumer or waste cooking oils, to produce its proprietary Solon™ PHA, which can be organically recycled or composted in home and industrial composting facilities. Products or packaging made with PHA that find their way into the environment, therefore, will fully biodegrade in soil, fresh water, and marine settings, preventing persistent plastics and microplastics from accumulating in the environment. Articles produced with PHA also can be recycled, re-used or returned to the carbon cycle by way of organic recycling or composting systems. Lummus' interest in pursuing this partnership is testament to RWDC's attractiveness to licensors, due to its demonstrable technology innovation and technical capabilities; commercial value proposition and unit economics; and existing global brand partnerships that continuously validate market demand. RWDC is uniquely positioned as the only PHA manufacturer in the market to provide scalable and cost-effective biopolymer production and first- and best-in-class formulation capabilities and guidance on conversion for product development. Licensing and technology development through its forthcoming partnership with Lummus further enhances RWDC's position as a market leader. Moreover, Lummus' polymer expertise, illustrated through its Novolen® polypropylene technology, highlights a commitment to innovation and sustainable solutions in polyolefin technology to drive transformative change within the plastics industry. About Lummus Lummus Technology is the global leader in developing technology solutions that make modern life possible and focus on a more sustainable, low carbon future. We license process technologies in clean fuels, renewables, petrochemicals, polymers, gas processing and supply lifecycle services, catalysts, proprietary equipment and digitalization to customers worldwide. About RWDC Industries Founded in 2016, RWDC Industries is a biotechnology company that utilizes natural processes to produce materials for use in our daily lives. RWDC develops innovative, cost-effective biopolymer material solutions, including Solon™ PHA, a fully biodegradable and environmentally safe material that can replace plastic in a wide range of applications from single use articles to consumer goods or food packaging to non-wovens and textiles. RWDC supports sustainable practices and encourages responsible choice in plastic waste management, including recycling, to protect our environment and planet. Its global headquarters is in Singapore and operational headquarters is in Athens, Georgia.

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Chemical Management

Danimer Scientific and Chevron Phillips Chemical Expand Collaboration to Include Application Development for Rinnovo™ Polymers

businesswire | September 21, 2023

Danimer Scientific, Inc. a leading next-generation bioplastics company focused on the development and production of biodegradable materials, today announced it is expanding its collaboration with Chevron Phillips Chemical (“CPChem”) to explore development and commercialization of cast extrusion films, blown extrusion films, injection molded parts and rotational molded parts using Rinnovo™ polymers produced in a loop slurry reactor process. Rinnovo™ is a type of polyhydroxyalkanoate (“PHA”) synthesized from lactones produced using Danimer’s proprietary Novo22™ catalyst technology, which can be used in the production of biodegradable alternatives to traditional plastics. The collaboration expands on Danimer and CPChem’s previously announced agreement, in which Danimer is evaluating the use of CPChem’s loop slurry reactor design to develop a continuous reactor system in the manufacturing process for Rinnovo™. Stephen E. Croskrey, chief executive officer of Danimer, said, “Our business relationship with CPChem continues to yield results, and we’re excited for the further opportunities that lie ahead. CPChem’s Research and Technology lab in Bartlesville, Oklahoma, is a premier facility staffed with world-class talent that we believe will accelerate the path toward adoption of Rinnovo™ materials in high-volume applications that will assist in lowering the cost to serve key markets.” Opened in 1950 by Phillips 66, CPChem’s Bartlesville facility contains first-class research equipment allowing for rapid testing of products across various processing conditions. Additionally, the facility’s testing and analytical capabilities provide a more rapid feedback loop, accelerating the development and optimization of resin formulations. “We continue to be excited about the potential of our MarTECH® process technology and related collaborations to advance Danimer’s Rinnovo™, another CPChem initiative that can help accelerate change for a more sustainable future,” said Venki Chandrashekar, CPChem vice president of research and technology. About Danimer Scientific Danimer is a pioneer in creating more sustainable, more natural ways to make plastic products. For more than a decade, its renewable and sustainable biopolymers have helped create plastic products that are biodegradable and compostable and return to nature instead of polluting our lands and waters. Danimer’s technology can be found in a vast array of plastic end products that people use every day. Applications for its biopolymers include additives, aqueous coatings, fibers, filaments, films and injection-molded articles, among others. Danimer holds more than 430 granted patents and pending patent applications in more than 20 countries for a range of manufacturing processes and biopolymer formulations.

Read More

Chemical Management

Vantage® Launches "Effortless Color" Formulation Collection for Multifunctional Color Cosmetic Essentials

prnewswire | September 14, 2023

Vantage has just introduced "Effortless Color," a collection of eight color cosmetic formulations building on consumer trends for multifunctional products. The latest installment in its 'Spark Inspiration' quick formulation program offers cosmetic chemists and formulators a starting point to accelerate their innovation pipeline as they create new product formulations. The eight "Effortless Color" formulations range from hybrid foundations to multi-use blushes and bold lip products. These prototypes marry the advanced technology from Vantage's premium ingredients with formulations expertise from the Company's in-house research & development team. Supported by market trends and industry knowledge, the resulting kit offers beauty manufacturers high-performing, on-trend product formulations which can be used as is or as a starting point for their creations. "Guided by market insights revealing that more than two thirds of American makeup users seek multi-functional products, we've meticulously curated formulations that honor the diverse spectrum of beauty through effortless, yet multifaceted essentials. This new collection is the latest of our Spark Inspiration series, that are aimed at accelerating our beauty customers' innovation pipeline," said Sebastien Massard, Global Director Strategic Marketing, Personal Care. The collection's hybrid foundations, multi-use blushes and bold lip formulations feature the Company's high-performing ingredients including actives like the BP TRILURONIC ACID A and the STRATAPHIX series; natural oils such as LIPOVOL® GTB and DW JOJOBA OIL; and natural silicone alternatives from the JEECHEM® NDA line. The formulations include Three versatile face products. Fresh Canvas Multi-Use Concealer can be used as a spot treatment to hide blemishes or as a full-coverage foundation. Tinted Zinc Shield is a lightweight tinted moisturizer that also includes an SPF-30. Hydrating Tinted Face Oil offers a buildable finish and can be applied on its own or worn as a primer before adding concealer or foundation. Blush Duo to bring a pop of color and help create a cohesive makeup look. Color Sculpt Trio is presented as a stick formula that glides on smoothly and quickly as it's applied. All-Over Glow Blusher can be used to brighten cheeks and eyes, acting as a two-in-one liquid blush. Three formulated lip products that each provide a different finish and benefit. The Hydrating Satin Lipstick is made with hydrating ingredients which offer a rich, creamy formulation. Dreamy Velvet Lip, a bold, matte liquid lipstick, leaves a smooth, lush finish. Plush Fruity Gloss provides a glassy shine leaving the lips feeling full and plump. About Vantage Personal Care Vantage Personal Care is one of the fastest growing and most reliable suppliers of personal care and beauty formulations and ingredients. An agile provider of forward-looking solutions that delight our customers through a responsible portfolio of naturally derived products, Vantage Personal Care focuses on skin, hair and sun care and color cosmetics. Vantage Personal Care serves its customers with formulation troubleshooting, new product development, and alternative sourcing solutions and on being the fastest developer of new product concepts in sensorial textures, skin health & delivery systems, and natural oils.

Read More

Chemical Management

Lummus and RWDC Announce Agreement to Accelerate and Scale PHA Production

prnewswire | September 12, 2023

Lummus Technology, a global provider of process technologies and value-driven energy solutions, and RWDC Industries, a biotechnology company developing biopolymer material solutions, announced a binding Joint Development and Commercial Cooperation Agreement (JDCCA) to rapidly expand manufacturing and global licensing of polyhydroxyalkanoates (PHA). In April, Lummus and RWDC signed a memorandum of understanding (MOU) to cooperate on global PHA deployment initiatives. "This agreement highlights Lummus and RWDC's strong commitment to addressing plastic waste and the carbon footprint associated with conventional plastics production," said Leon de Bruyn, Lummus Technology's President and Chief Executive Officer. "Our partnership in this innovative space aligns with the United Nations' Sustainable Development Goals, reflecting our ongoing dedication to developing technologies that accelerate the use and availability of eco-friendly plastics." "We look forward to the value that will be created in combining Lummus' expertise with ours to improve people's lives and health by making PHA polymers and resins available at large scale," said Dr. Daniel Carraway, RWDC's Chief Executive Officer. "It has always been our goal to develop sustainable materials that benefit every living thing on the planet, and this partnership is a monumental step in that direction. Lummus' and RWDC's decision to work together is an exciting development toward making it possible for more people to benefit from natural materials while preserving resources and our environment for future generations." RWDC uses plant-based oils, including post-consumer or waste cooking oils, to produce its proprietary Solon™ PHA, which can be organically recycled or composted in home and industrial composting facilities. Products or packaging made with PHA that find their way into the environment, therefore, will fully biodegrade in soil, fresh water, and marine settings, preventing persistent plastics and microplastics from accumulating in the environment. Articles produced with PHA also can be recycled, re-used or returned to the carbon cycle by way of organic recycling or composting systems. Lummus' interest in pursuing this partnership is testament to RWDC's attractiveness to licensors, due to its demonstrable technology innovation and technical capabilities; commercial value proposition and unit economics; and existing global brand partnerships that continuously validate market demand. RWDC is uniquely positioned as the only PHA manufacturer in the market to provide scalable and cost-effective biopolymer production and first- and best-in-class formulation capabilities and guidance on conversion for product development. Licensing and technology development through its forthcoming partnership with Lummus further enhances RWDC's position as a market leader. Moreover, Lummus' polymer expertise, illustrated through its Novolen® polypropylene technology, highlights a commitment to innovation and sustainable solutions in polyolefin technology to drive transformative change within the plastics industry. About Lummus Lummus Technology is the global leader in developing technology solutions that make modern life possible and focus on a more sustainable, low carbon future. We license process technologies in clean fuels, renewables, petrochemicals, polymers, gas processing and supply lifecycle services, catalysts, proprietary equipment and digitalization to customers worldwide. About RWDC Industries Founded in 2016, RWDC Industries is a biotechnology company that utilizes natural processes to produce materials for use in our daily lives. RWDC develops innovative, cost-effective biopolymer material solutions, including Solon™ PHA, a fully biodegradable and environmentally safe material that can replace plastic in a wide range of applications from single use articles to consumer goods or food packaging to non-wovens and textiles. RWDC supports sustainable practices and encourages responsible choice in plastic waste management, including recycling, to protect our environment and planet. Its global headquarters is in Singapore and operational headquarters is in Athens, Georgia.

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