Evonik Licences Metathesis Catalysts to Elevance

Evonik says it has agreed to license two technologies relating to metathesis technology, along with metathesis catalysts, to biomaterials manufacturer Elevance Renewable Sciences (Bolingbrook, IL). Financial terms were not disclosed. Evonik’s catMETium RF product portfolio is excluded from the agreement. The metathesis-related patents, which are numbered 7,738,528 and 7,652,145, are registered at the U.S. Patent and Trademark Office.   “Metathesis reactions are a key step in our bio refinery process to make the conversion from natural oils to...

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