DSM and Novomer to develop first CO2-based resin for coatings

(Thomson Reuters ONE) - Royal DSM N.V., the global Life Sciences and Materials Sciences companyheadquartered in the Netherlands, and Novomer Inc., based in Waltham(Massachusetts, United States), today announce that they have signed anagreement to jointly develop a revolutionary coating resin using carbon dioxide(CO2) as a raw material.This development agreement follows a cooperation agreement and an investment byDSM Venturing in Novomer in 2007. The joint development project will benefitfrom the broad variety of DSM's technologies and market access, in combinationwith the unique, efficient CO2 polymerization technology of Novomer.The chemistry and process technology for producing polymers from CO2 andpropylene oxide (PO) will be developed by Novomer, while DSM will convert thepolymers into resins and formulate them for target applications such ascoatings, adhesives and graphic arts. Initial results are encouraging andsuggest that this project might lead to completely new and improved applicationproperties in coatings.Given the fact that up to 50% by weight of CO2 is used as raw material, theproduction of these resins will result in an improved carbon footprint. Theprocess is also expected to be highly efficient, enabling the replacement ofconventional resins in a number of coating applications.Polycarbonate resins are widely known because of their superior performance andresistances and theoretically could find use in many types of coatings.Commercial use of conventional types has however always been limited due totheir cost position and some weaknesses that are inherent in these products. Thenew CO2-based aliphatic polycarbonates to be developed by DSM and Novomer couldpotentially resolve these weaknesses.Rob van Leen, Chief Innovation Officer of DSM, comments:"DSM and Novomer arelooking to develop the first polymer in more than a decade to enter themainstream of the coating industry. This exciting development can lead to abreakthrough that could change the coating industry. Besides cost issues, theseinnovative coating resins also address environmental and performance issues.They therefore fit in perfectly within DSM's People, Planet and Profitapproach."Peter Shepard, Vice President of Business Development of Novomer, adds:"We arevery enthusiastic about our relationship with DSM as they bring a wealth ofskills and industry knowledge to help drive the commercialization of ourtechnology in the coatings industry. In addition, this product developmentrelationship with DSM leverages our ongoing technical development work that hasbeen supported by the New York State Energy Research and Development Authority."About NovomerNovomer (www.novomer.com ) is a revolutionary newmaterials company pioneering a family of low-cost, high-performance, sustainableplastics, polymers and other chemicals. Based on the pioneering catalyst work ofDr. Geoff Coates at Cornell University, Novomer's groundbreaking technologyallows carbon dioxide and other renewable feedstocks to be cost-effectivelytransformed into polymers, plastics and other chemicals for a wide variety ofindustrial markets. Novomer's products combine environmental benefits withimproved performance and can be used in a range of applications, from injectionmolded parts, specialty binders for electronics, polymeric packaging materialsto paper coatings and medical implants.About DSM VenturingDSM Venturing is an active investor in start-up companies that create innovativeproducts and services in Life Sciences and Materials Sciences contributing tothe quality of life. DSM Venturing's mission is to explore emerging markets andtechnologies in order to support DSM's innovation and growth strategy. Besidesfinancial support, DSM Venturing supports the start-up companies with DSM'sknowledge, resources and networks in order to establish mutual benefits andlearnings. To DSM, venturing is an integral part of its open innovationapproach, focused on teaming up with innovative players all over the world. Moreinformation:www.dsm-venturing.com .DSM - the Life Sciences and Materials Sciences CompanyRoyal DSM N.V. creates innovative products and services in Life Sciences andMaterials Sciences that contribute to the quality of life. DSM's products andservices are used globally in a wide range of markets and applications,supporting a healthier, more sustainable and more enjoyable way of life. Endmarkets include human and animal nutrition and health, personal care,pharmaceuticals, automotive, coatings and paint, electrical and electronics,life protection and housing. DSM has annual net sales of EUR 9.3 billion andemploys some 23,500 people worldwide. The company is headquartered in theNetherlands, with locations on five continents. DSM islisted on EuronextAmsterdam. More information: www.dsm.com For more information: DSM Corporate Communications DSM Investor Relations Herman Betten Hans Vossen tel. +31 (0) 45 5782017 tel. +31 (0) 45 5782864 fax +31 (0) 45 5740680 fax +31 (0) 10 4590275 e-mailmedia.relations(at)dsm.com e-mailinvestor.relations(at)dsm.com [HUG#1375511] Press release-pdf: http://hugin.info/130663/R/1375511/337508.pdf

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