P2 Science and Algenesis Collaborate on Algae-Derived Chemicals and 100% Biobased, Biodegradable Polyurethanes

P2 Science, Inc., a pioneer in green chemistry and sustainable materials, and Algenesis Corporation, a leader in bio-based and biodegradable polyurethanes, announced today a strategic partnership to develop and commercialise raw ingredients for 100% biobased polyurethane products. The agreement combines P2's unique PIOz™ technology, which transforms algal oils into innovative chemical intermediates, with Algenesis' recently commissioned Bio-Iso™ pilot plant and cutting-edge biobased polyurethane platforms.

Together, the companies are expanding a new chemical and polymer supply chain for the production of 100% bio-polyurethanes that are biodegradable and deliver high performance without the use of petrochemicals or toxic phosgene, thereby increasing the availability of sustainable solutions for footwear, apparel, coatings, adhesives, and consumer products. P2 is producing algae-based azelaic acid at its Naugatuck, Connecticut manufacturing facility to supply Algenesis with a crucial chemical for polymer and isocyanate manufacture.

"This collaboration accelerates our shared vision: to eliminate petroleum-based carbon from everyday materials," stated Oihana Elizalde, CEO of P2 Science. "By leveraging our process intensified ozonolysis platform to unlock plant-based intermediates, together with Algenesis' remarkable polyurethane technology, we can bring brand owners a measurable sustainability advantage without performance compromise."

The collaboration supports the global transition to eliminate microplastics from commerce and the environment, and it supplements both companies' commercialisation efforts with leading consumer brands across multiple product categories.

"Our mission is to replace traditional plastics with plant-based materials that degrade safely at the end of life," stated Steve Mayfield, CEO of Algenesis. "Working with P2 allows us to incorporate a new class of biobased intermediates into our formulations and continue delivering superior polyurethane performance, while ensuring a cleaner, healthier planet."

Both firms are committed to increasing the production of their respective products, making plant-based chemicals and bio-polyurethanes widely available in the market.

Source: PR Newswire