On the move

In just about a week's time, DSM has partnered or invested in at least three biorefining companies.
By Ron Kotrba | May 12, 2011

Netherlands-based Royal DSM N.V. is on the move, investing in and partnering with a host of biorefining projects recently. The latest include Elevance Renewable Sciences, with which DSM signed a letter of intent for a “collaboration to evaluate Elevance’s unique monomers for the production of specialty biobased high-performance thermoplastic materials for DSM’s engineering plastics portfolio,” wrote Biorefining Magazine’s Associate Editor Bryan Sims.

Also, DSM, along with BP, invested an undisclosed amount in green chemistry company Verdezyne. One could imagine it was a nice chunk even though the amount wasn’t disclosed.

France-based starch and polyols producer Roquette Freres is also working with DSM to jointly build a 10,000 metric ton biobased succinic acid facility near a Roquette starch manufacturing site in Cassano Spinola, Italy. The plant would be Europe’s largest biobased succinic acid production facility.