Revolymer's US Unit Itaconix, Akzo Nobel Chemicals in JV Development Pact
27 January 2017 - 11:34PM
Dow Jones News
LONDON--Specialty chemicals business Revolymer PLC (REVO.LN)
said Friday that its U.S. subsidiary, Itaconix Corporation, has
signed a joint development agreement with Akzo Nobel Chemicals
International B.V.
Revolymer said the agreement establishes a broad operating
framework for the parties to jointly identify, develop and
commercialize new polymers using Itaconix's patented
technology.
Shares at 1201 GMT flat at 32 pence, valuing the company at
GBP25.2 million.
-Write to Razak Musah Baba at razak.baba@wsj.com; Twitter:
@Raztweet
(END) Dow Jones Newswires
January 27, 2017 07:19 ET (12:19 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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