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Regions :: Western Europe :: Italy Novamont, Genomatica form Joint Venture for European BioBDO Production5:00 AM MST | January 24, 2012 | Alex Scott Novamont (Novara, Italy) and Genomatica (San Diego, CA) say they have signed a definitive agreement establishing a joint venture between the two companies. Novamont will have a majority of equity in the new jv. The companies' previously disclosed plan to build and operate the first industrial plant for biobutanediol (bioBDO) in Europe will be the primary activity of the jv. The facility will employ Genomatica’s biotech process. Novamont is financing the plant construction and will operate the facility. Meanwhile, the two companies say that... This information is only available to Chemical Week subscribers. Forgot your user ID or password?
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