Solvay launches fourth 'growth platform'
Solvay has launched a growth platform focused on renewable materials and biotechnology, complementing existing ones in battery materials, green hydrogen and thermoplastic composites. This will focus on developing sustainable products for multiple markets using renewable feedstocks and biotechnology.
“The new platform will bring together several Solvay businesses to help meet growing demand for sustainable solutions by increasing the share of renewable carbon in Solvay’s product offering and developing new business opportunities enabled by biotechnology,” the company stated. I
Solvay is already a major player in some biobased products, including guar, biosourced solvents and natural vanillin. Through the new platform, it aims to accelerate the integration of sustainable renewable feedstocks into its products and facilitate the development of new approaches to manage the end-of-life of these products, which includes biodegradability by design.