MetGen licenses technology to New Zealand’s Futurity to produce bioproducts from lignin

In New Zealand, Futurity, whose mission is to outperform oil with trees through the production of advanced chemicals and materials from plantation forestry in New Zealand has finalized a licensing agreement with the Finnish company MetGen Oy. Cooperation will allow the development of a full range of high value lignin-based products including resins and adhesives, foams, composites, bio-based chemicals and polymers to meet the growing needs of a fast-changing world.

The license is for MetGen’s METNIN™ technology platform which facilitates the enzymatic break down of Futurity’s lignin into its fundamental component parts.