Brenntag forms distribution agreement with biobased solvents experts NXTLEVVEL Biochem
Brenntag (ISIN DE000A1DAHH0), the global market leader in chemical and ingredients distribution, forms a distribution agreement with NXTLEVVEL Biochem to expand its growing Household, Industrial, & Institution (HI&I) portfolio in providing sustainable biobased solvents in North America.
READING, Pa., Oct. 14, 2021 /PRNewswire-PRWeb/ -- Brenntag (ISIN DE000A1DAHH0), the global market leader in chemical and ingredients distribution, forms a distribution agreement with NXTLEVVEL Biochem to expand its growing Household, Industrial, & Institution (HI&I) portfolio in providing sustainable biobased solvents in North America.
This current agreement covers a new product line including the below product names and consists of levulinates and levulinate ketals. These products are all biobased solvents offering high performance and improved safety and sustainability:
- NXT SOLV 100
- NXT SOLV 200
- NXT SOLV 300
- NXT SOLV 400
"We are excited to have the opportunity to bring a new innovative solution to our customers from NXTLEVVEL. Having a sustainable alternative solvent will allow our customers to better meet the increasing consumer demands for sustainable cleaning products," said 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'm very excited that NXTLEVVEL and Brenntag are embarking on a relationship to promote our range of biobased solvents in the HI&I industry by leveraging the strength of our technology along with Brenntag's market-leading position," commented Aris de Rijke, CEO of NXTLEVVEL Biochem. "NXTLEVVEL's technology is highly innovative, proprietary and, for the first time, allows the production of levulinate derivatives at industrial scale. The cornerstone is the patented biomass-derived levulinic acid technology and its esters enabling the affordable production of biobased solvents and other biobased chemicals," de Rijke notes.
About Brenntag:
Brenntag is the global market leader in chemicals and ingredients distribution. The company holds a central role in connecting customers and suppliers of the chemical industry. Headquartered in Essen, Germany, Brenntag has more than 17,000 employees worldwide and operates a network of more than 670 sites in 77 countries. In 2020, Brenntag generated sales of around 11.8 billion EUR. The two global divisions, Brenntag Essentials and Brenntag Specialties, provide a full-line portfolio of industrial and specialty chemicals and ingredients as well as tailor-made application, marketing and supply chain solutions, technical and formulation support, comprehensive regulatory know-how, and digital solutions for a wide range of industries. In the field of sustainability, Brenntag pursues specific goals and is committed to sustainable solutions in its own sector and the industries served. Brenntag shares have been listed at the Frankfurt Stock Exchange since 2010, initially in the MDAX and since September 2021 in the DAX. In addition, the Brenntag SE shares are listed in the DAX 50 ESG and DAX 50 ESG Target. For more information, visit http://www.brenntag.com.
About NXTLEVVEL:
A privately held company headquartered in The Netherlands, NXTLEVVEL is a commercial scale manufacturer of next generation biomass-derived chemicals. As a joint venture formed 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 bio-solvents, polyols, and plasticizers based on levulinic acid. Levulinic acid is considered a key biobased building block that enables the production of an extensive portfolio of derivatives. For more information, visit http://www.nxtlevvel.com.
Media Contact
Verena Blaschke, Brenntag SE, +49 (201) 6496-1213, [email protected]
SOURCE Brenntag SE
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