In Canada, Toronto-based Vertichem Corporation announced an agreement to acquire Thesis Chemistry, an Ohio, US headquartered company with operations in Cambridge, Ontario, Canada. Thesis is currently commercializing its technology platform for the production of vanillin (the active component of vanilla flavoring) and aromatic aldehydes from plant lignin.
The company is also developing more advanced biorefining technologies to convert lignin into phenols, cresols, BTX and fuels. Vertichem is currently commercializing its processes to produce a portfolio of green platform chemicals, including high quality lignin, xylose and cellulose from woody biomass, agricultural residues and grasses.
More background on the story from the Digest
Category: Chems & Materials