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Archer Daniels Midland to collaborate with PolyOne on bio-based plasticizers
With a goal of developing and commercializing bio-based plasticizers from corn and oilseeds, Archer Daniels Midland Co. (ADM, Decatur, IL; www.admworld.com) and PolyOne Corp. (Avon Lake, OH; www.polyone.com) have made a collaboration agreement. The global plasticizer market is an $11 billion industry composed mostly of petroleum-based products, and ADM has more than 240 processing plants to convert corn and oilseeds into products for chemical uses.
IMM Staff
October 20, 2008
1 Min Read
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“There is clear market interest in renewable technology as an alternative to traditional petroleum-based plasticizer offerings,” says PolyOne’s Cecil Chappelow, VP, innovation, sustainability, and chief innovation officer. “We are confident that PolyOne’s compounding expertise and global market reach, coupled with ADM’s deep knowledge of agricultural-based chemistries and manufacturing techniques, will lead to a new generation of plasticizers and compounds for our customers and for the global polymer industry.”—[email protected]
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