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Revolymer's US subsidiary Itaconix signed a joint development agreement with AkzoNobel to advance commercial collaborations for its itaconic acid polymer technology platform. The agreement establishes a framework to jointly develop and commercialise new polymers using Itaconix's patented technology.
British chemical company Revolymer PLC acquired Itaconix Corporation for $7 million. Itaconix produces bio-based polymer products for home, personal care, and industrial markets.