Bio Separation Technology Dutch Speciality Chemicals Enter Plant Based Bio-Chemistry
AkzoNobel recently acquired an innovative cell separation technology from American Integrated Botanical Technologies (IBT). With this acquisition the Dutch based speciality chemicals company expects to "revolutionize how plant based chemistry is used".
Amsterdam/The Netherlands – "The Zeta Fraction(TM) technology is different than anything else on the market. We expect it to continue to revolutionize how plant-based chemistry is used." Bob Margevich, Managing Director of AkzoNobel's Surface Chemistry branch is very confident about the latest addition to the company's technology portfolio: the acquisition of Integrated Botanical Technologies' (IBT) patented Zeta Fraction technology for an undisclosed sum. This fractioning process, developed by New York based IBT, helps to harvest and separate constituent parts of a living cell from any plant or marine source without requiring any solvents.
"This acquisition will not only help us to bring innovative products to the market, but we also believe that this technology can be used across several AkzoNobel businesses", said Rob Frohn, the company's Executive Committee member responsible for Specialty Chemicals. "There is increasing customer demand for sustainable solutions in the fast-growing personal care market. Once we tap into this technology's full potential, when combined with our global reach, we will be in an even stronger position to meet this demand."
AkzoNobel's Personal Care branch, a subsidiary of AkzoNobel Surface Chemistry, has already cooperated on biochemical technologies with IBT for the last five years. Now Dr. Michael Koganov, one of IBT's founders, will join AkzoNobel to introduce the Zeta Fraction technology across the company's businesses. "Our technology is based on fundamental scientific principles that allows for the isolation of intracellular components in a manner that is reproducible, sustainable and can be used for multiple industries and applications," Dr. Koganov commented. The new technology will be added to AkzoNobel's Personal Care branch.