BASF, Sanyo to Collaborate on Polymers
September 27 2021 - 3:29AM
Dow Jones News
By Ed Frankl
BASF SE and Sanyo Chemical Industries Ltd. have signed a
memorandum of understanding to collaborate on the development of
more environmentally friendly polymers, the two companies said
Monday.
The German and Japanese chemical companies said they aim to
jointly develop and create advanced polyurethane dispersions, known
as PUDs, to produce products with a strong sustainability
contribution.
Newly developed products will have world-wide market access
through the two companies' global footprint, with the MoU allowing
both to leverage on production networks for PUDs, they said.
"The PUD market demand is expanding and formulators are looking
for improved product performance.... This collaboration will allow
both parties to reduce time-to-market of their new technologies,"
BASF's Sylvain Huguenard, vice president, resins and additives,
Asia Pacific, said.
Write to Ed Frankl at edward.frankl@dowjones.com
(END) Dow Jones Newswires
September 27, 2021 03:14 ET (07:14 GMT)
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