Akzo AcquiresCell-Technology Firm | Chemical & Engineering News
Volume 89 Issue 28 | p. 20 | Concentrates
Issue Date: July 11, 2011

Akzo AcquiresCell-Technology Firm

Department: Business
Keywords: personal care, plants, solvents

AkzoNobel has acquired Integrated Botanical Technologies, a small Ossining, N.Y.-based research firm. Financial terms were not disclosed. IBT says its patented Zeta Fraction technology permits harvesting of intracellular components from plants without the use of solvents. Akzo has already worked with the firm to develop a number of personal care ingredients and says the technology may have applications in other businesses as well.

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