TAGS: Biobased Solutions
Itaconix has launched its BIO*Asterix™ line of functional additives based on a new range of bio-based chemistries derived from itaconic acid. The Company developed the new BIO*Asterix™ additives over the past three years for a wide range of potential uses, ranging from biodegradable plastics to decorative paints.
New BIO*Asterix™ Additives Based on Itaconic Acid
The Company plans to launch its new product line in stages over the next two years. The Company’s initial focus will be on targeting the biodegradable plastics market where the new BIO*Asterix™ additives have had positive results in early field trials with potential customers. TheBIO*Asterix™ additives can add valuable properties or overcome performance deficiencies that currently limit the use of biodegradable plastics.
Dr. Yvon Durant, CTO of Itaconix, stated: “
The new BIO*Asterix™ product line leverages our success at meeting customer needs with our understanding of itaconic acid chemistries. I believe industry and academic researchers will find value both in the unique functionality of the chemistries and in our expertise in realizing the unique value of these products.”
John R. Shaw, CEO of Itaconix, added: “
BIO*Asterix™ represents a broad new frontier for Itaconix and the value of itaconic acid chemistries. We are confident from the early success of customer trials that our new BIO*Asterix™ products will become key additives in numerous applications and generate new revenues in the years to come. We look forward to reporting progress as our efforts advance.”
Source: Itaconix