IHS Chemical Week

People & Business :: Emerging Companies

Evonik, OPX to develop biobased routes to specialty chemicals

1:34 PM MDT | May 14, 2013 | Rebecca Coons

Evonik Industries and Boulder, CO–based industrial biotechnology firm OPX Biotechnologies say they have entered into a joint development agreement to find biobased routes to undisclosed specialty chemicals. Under the terms of the agreement, OPX will use its Efficiency Directed Genome Engineering (EDGE) technology to develop bioprocesses. "There's a growing market demand for more sustainable products and processes, and [OPX] is an excellent partner to help us meet that demand because their technology can create high-value, biobased chemicals quickly and...

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