Elevance Renewable Sciences, Inc., a producer of high-performance renewable specialty chemicals, and XiMo AG, a company focused on the development and application of proprietary metathesis catalysts, today announced significant progress in the development of new technology for metathesizing natural oils and derivatives using Molybdenum-based catalysts.
Elevance and XiMo began working together in January 2011 on Molybdenum-catalyzed metathesis of natural oil esters. Under the collaboration XiMo and Elevance researchers tested more than 40 catalysts using several natural oil feedstocks under various conditions to evaluate their efficiency.
They have carried out successful demonstrations that make the Molybdenum-catalyzed metathesis of natural oil esters commercially competitive.
“Elevance is pleased with our XiMo partnership and of our advancements achieved to date,” said K’Lynne Johnson, CEO of Elevance. “The addition of XiMo’s catalysts to our existing portfolio of metathesis catalysts will expand Elevance’s capabilities, providing additional technology for our biorefineries.” “Our partnership with Elevance has been extremely productive and we are proud of the progress we have made in research as we develop technologies to enhance renewable products,” said Georg Frater, COO of XiMo.
Headquartered in Woodridge, Ill., Elevance Renewable Sciences, Inc. is a high-growth specialty chemical company that creates novel specialty chemicals that perform better from renewable feedstocks, making the products that industry and consumers use every day better. Using a proprietary technology called olefin metathesis, the company delivers specialty chemicals that exceed the performance of existing products while leaving a smaller environmental footprint — for use in personal care products, detergents and cleaners, engineered polymers, lubricants and additives, and other specialty chemicals markets. To learn more, visit www.elevance.com or www.renewicals.com.