IHS Chemical Week

EnviroTech :: Catalysts and Licensing

DSM Buys into Plastics Derived from Carbon Dioxide

5:26 AM MST | December 20, 2007 |

Alex Scott

DSM’s venture capital arm DSM Venturing says it has made an unspecified investment in Novomer (Ithaca, New York), a materials technology start-up. Novomer is developing a technology platform for producing performance polymers, plastics and other chemicals from carbon dioxide and renewable materials. The technology is based on the use of a proprietary catalyst system. DSM says in addition to the investment deal that it also plans to sign a cooperation agreement with Novomer. Further details were not disclosed. Novomer's products “combine environmental...

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