date:Dec 20, 2013
BASF, Ludwigshafen, Germany, and American technology provider Renmatix Inc. of Philadelphia, Pennsylvania, will jointly scale up the Renmatix Plantrose process for the production of industrial sugars based on lignocellulosic biomass. T he two companies signed a non-exclusive joint development agreement.
The parties have agreed to key financial terms for future commercial licenses, which BASF can exercise at its discretion. The collaboration follows BASFs $30 million investment in Renmatix in Ja