IHS Chemical Week

Markets :: Fine Chemicals/Biotech :: Industrial Biotech

Elevance and hte Sign Research Collaboration

8:15 AM MDT | July 13, 2012 | Rebecca Coons

Elevance Renewable Sciences (Woodbridge, IL) and hte AG (Heidelberg, Germany) say they will collaborate to develop biobased lubricant base oils and polymers using hte's high-throughput autoclave testing capabilities and Elevance's olefin metathesis technology. Financial terms of the deal were not disclosed. The companies say use of high-throughput experimentation will enable faster assessment of performance across process parameters and accelerate market introduction. Earlier this week Elevance announced it had raised $104 million in a Series E...

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