Minafin partners with Origin
The US-based Green Chemistry division of the Minafin Group has formed a strategic partnership with Origin Materials of West Sacramento in California to industrialise speciality products based on Origin’s biobased, carbon-negative materials in the pharmaceutical, agricultural, cosmetics and personal care, and automotive industries. No further terms were disclosed.
This will involve multiple collaboration areas, the firms said. Minafin affiliate Pennakem and Origin will seek to develop new technologies to expand the market for Pennakem’s biobased products, while the EcoXtract unit is in discussions with Origin to commercialise its biobased extraction process, which has been used to extract plant oils for food, cosmetics and other applications, using materials produced by Origin.