Revolymer signs global licence to its encapsulation technology with Solvay in the field of Sodium Percarbonate (SPC) for liquid product formulations
Revolymer, the polymer technology company, is pleased to announce that it has signed a further licence in its Consumer Specialties business area with the international chemicals group Solvay. Under the terms of the deal, Solvay has exclusive rights to apply Revolymer’s encapsulation technology to the bleaching active ingredient Sodium percarbonate, known as SPC and commercialised currently by Solvay under the trademark Oxyper®, in the field of liquid formulations of laundry and automatic dish washing. Accordingly it is intended that, after final qualification, the encapsulated SPC will have improved stability enabling expansion of its application into liquid product formulations which currently do not contain such active ingredients. The geographic territory of the licence is global.
“Solvay’s strategy of improving product performance for its customers is closely aligned to Revolymer’s own business plan, and, with Solvay’s global reach, it is the ideal partner for Revolymer to commercialise its technology in the field of SPC products for liquid laundry and automatic dish wash. We are excited to have closed another significant global deal applying our proprietary technology with Solvay.” said Dr. Kevin Matthews, CEO of Revolymer.