Reverdia, Xinfu sign Biosuccinium supply, collaboration agreement

By Reverdia | November 23, 2016

Reverdia recently announced that it has signed a strategic partnership with Hangzhou Xinfu Science & Technology Co. Ltd. The partnership represents a collaboration to adopt Biosuccinium in biobased polymers and co-polymers for the packaging industry, as well as a long-term supply agreement.

Xinfu is a global pioneer in fully biodegradable resins and films. It will exclusively use Biosuccinium for producing biobased polymers, derivatives and new cutting-edge biomaterials for packaging applications such as (compostable) single-use bags.

Mr. Lin, executive director at Xinfu and member of the board said, “We have been working with Reverdia since 2011 and proudly commit to this long-term partnership, which will develop more sustainable technologies and materials.”

“These new materials will target the biodegradable packaging market,” said Marcel Lubben, president of Reverdia. “We’re excited to work with an industry pioneer like Xinfu on biobased solutions and this agreement is yet another example of Reverdia’s global leadership in value chain innovation.”