# Towell Engineering and GF Biochemicals form joint venture NXTLEVVEL Biochem

Towell Engineering Group and GF Biochemicals announced the formation of a joint venture, NXTLEVVEL Biochem, for the production and marketing of biochemicals based on levulinic acid. The JV aims to build a leading position in bio-solvents and bio-plasticizers.

- Type: Partnership
- Announced: 2020-02-11
- Where: Geleen, Netherlands, Netherlands
- Status: announced
- Products: bio-based levulinic acid, bio-solvents, bio-plasticizers
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Towell Engineering Group](https://endata.com/companies/45200.md) (partner)
- [GF Biochemicals](https://endata.com/companies/45201.md) (partner)
- [NXTLEVVEL Biochem](https://endata.com/companies/45202.md) (partner)

## Sources

- [chemengonline.com](https://www.chemengonline.com/joint-venture-formed-for-production-of-bio-based-levulinic-acid/), 2020-02-11: "Towell Engineering Group and GF Biochemicals announced the formation of a joint venture for the production and marketing of biochemicals using GF Biochemicals proprietary technology."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.