Issue Date: July 4, 2016
Encapsulation firm buys itaconic acid maker
Revolymer, a U.K. company selling encapsulation technology for controlled release, has agreed to acquire the U.S.-based specialty polymer firm Itaconix for $7 million and a further $6 million subject to performance criteria. Itaconix produces polymers from biobased itaconic acid. It has 40 pending or issued patents relating to itaconic acid-based polymers for uses including mineral dispersion in paints and odor removal in home care products.
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