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March 12, 2013
AkzoNobel and Solvay establish a partnership on renewable solvents
Today, international chemical group Solvay SA (Brussels, Belgium; www.solvay.com) is announcing an agreement to significantly increase the usage of renewable raw materials (or biobased chemicals) within AkzoNobel (Amsterdam, the Netherlands; www.akzonobel.com) formulations of paints and coatings. The first of a kind for AkzoNobel, this partnership strengthens the commitment both companies have to sustainable development and the preservation of natural resources outlined in their respective strategies.
The agreement concerns widely used oxygenated solvents, specifically bio-butanol and bio-acetone and their derivatives, and the Solvay Coatis Augeo family of solvents. Solvent volumes of up to 10,000 ton/yr are targeted by 2017.
The collaborative project is outlined to take over two years, and both companies will mobilize specific resources from Q2 onwards. The first formulations are being tested in Brazil and will be extended globally.
"This partnership demonstrates that sustainable development is not only an ethical attitude from companies, but also a means of doing business and creating value for our customers and our businesses.” says Vincent Kamel president of Solvay Coatis GBU.
Keith Gater, AkzoNobel global purchasing director for Solvents says: “We are looking for innovation in our supply chain and this partnership provides exactly that. The collaboration supports our desire to develop both new solvents as well as improving the sustainability profile of existing ones.”
“This is our first concrete step following the adoption of our Biobased Chemicals strategy. We’re excited to be able to achieve not only a further increase of the “green” portion of our spend but also that with Solvay we can do so in a cost-competitive manner. This is the way to drive renewables and sustainability for our customers” adds Peter Nieuwenhuizen, director Future-proof Supply Chains.