Verdezyne and Connell Bros.sign distribution agreement

Verdezyne, Inc., a synthetic biology company producing biobased chemicals, and Connell Bros. Co. LLC (CBC), the largest marketer and distributor of specialty chemicals in the Asia-Pacific region, signed an agreement for sales and distribution of Verdezyne’s BIOLON™ DDDA (biobased dodecanedioic acid or “DC12”). 

 

BIOLON DDDA will be produced at Verdezyne’s commercial-scale plant in Malaysia and will be distributed in 17 countries throughout Asia-Pacific, including China, Japan and South Korea. The agreement provides CBC with access to more than 10% of the expected plant capacity. Verdezyne’s BIOLON DDDA is produced more sustainably than traditional petroleum-derived intermediate chemicals and will be used to make a variety of end-user products including automotive parts, toothbrush bristles, cosmetics, and fragrances. 

 

The  distribution agreement with CBC reflects the strong interest in high quality renewable chemicals such as BIOLON DDDA, according to E. William Radany, Ph.D., president and CEO of Verdezyne. 

 

Expected to be completed in 2017, Verdezyne’s plant is projected to have the capacity to produce up to 9,000 metric tons of diacids including BIOLON DDDA annually.