Brenntag (ISIN DE000A1DAHH0), the global market leader in chemicals and ingredients distribution, enters into a distribution agreement with NXTLEVVEL Biochem to expand its growing portfolio of household, industrial and institutional (HI&I) products by supplying bio-based solvents sustainable in North America.
READING, Pa., October 14, 2021 / PRNewswire-PRWeb / – Brenntag (ISIN DE000A1DAHH0), the global market leader in chemicals and ingredients distribution, enters into distribution agreement with NXTLEVVEL Biochem to expand its growing portfolio for households, industry and institutions (HI&I) by providing sustainable bio-based solvents in North America.
This current agreement covers a new product line comprising the product names below and consists of Levulinates and Levulinate Ketals. These products are all bio-based solvents offering high performance and improved safety and durability:
âWe are delighted to have the opportunity to bring a new innovative solution to our NXTLEVVEL customers. Having a sustainable alternative solvent will allow our customers to better meet growing consumer demands for sustainable cleaning products, âsaid Jeffrey M. Carey, Ph.D. Vice-president HI&I Americas.
These biobased products can reduce dependence on fossil fuels and play a role in reducing carbon emissions. They are used in applications such as hard surface cleaners, floor cleaners and laundry detergents.
“I am very pleased that NXTLEVVEL and Brenntag are entering into a relationship to promote our line of bio-based solvents in the HI&I industry by leveraging the strength of our technology as well as Brenntag’s market leadership position,” said commented Aris de Rijke, CEO of NXTLEVVEL Biochem. “NXTLEVVEL’s technology is highly innovative, proprietary and, for the first time, enables the production of levulinate derivatives on an industrial scale. The cornerstone is the patented technology of levulinic acid derived from biomass and its esters allowing the affordable production of bio-based solvents and other bio-based chemicals, ânotes de Rijke.
Brenntag is the world market leader in the distribution of chemicals and ingredients. The company plays a central role in connecting customers and suppliers to the chemical industry. Based at Essen, Germany, Brenntag has more than 17,000 employees worldwide and operates a network of more than 670 locations in 77 countries. In 2020, Brenntag achieved a turnover of approximately â¬ 11.8 billion. The two global divisions, Brenntag Essentials and Brenntag Specialties, offer a full line of industrial and specialty chemicals and ingredients, as well as tailored application, marketing and supply chain solutions, technical support and formulation, comprehensive regulatory know-how and digital solutions for a wide range of industries. In the area of ââsustainability, Brenntag pursues specific goals and is committed to finding sustainable solutions in its own sector and the industries it serves. Brenntag shares have been listed on the Frankfurt Stock Exchange since 2010, initially on MDAX and since September 2021 in the DAX. In addition, Brenntag SE shares are listed on the DAX 50 ESG and the DAX 50 ESG Target. For more information, visit http://www.brenntag.com.
A private company headquartered in The Netherlands, NXTLEVVEL is a commercial scale manufacturer of next generation biomass chemicals. Joint venture created in 2018, NXTLEVVEL brings together the industrial expertise of the Towell Engineering Group (Sultanate of Oman) with advanced technology developed by GFBiochemicals. GFBiochemicals was founded in 2008 and holds 200 patents for its world-leading proprietary technology in levulinic acid-based bio-solvents, polyols and plasticizers. Levulinic acid is considered to be a key bio-based element which enables the production of a large portfolio of derivatives. For more information, visit http://www.nxtlevvel.com.
Verena blaschke, Brenntag SE, +49 (201) 6496-1213, email@example.com
SOURCE Brenntag SE