Covation Biomaterials is being launched as an independent business after the acquisition of DuPont Biomaterials by the Ruian, China-headquartered Huafon Group.
By leveraging its decades of experience of world-class science and incorporating the engineering expertise with new investment and manufacturing capabilities, Covation Biomaterials is creating the sustainable building blocks for customers to make high-performance, bio-based products accessible globally.
“As a supplier of bio-based materials solutions, we are an important gateway into a more circular economy,” said Michael Saltzberg, Covation Biomaterials CEO. “Sustainable supply chains must begin with sustainable materials and our science allows our customers to end their over-reliance on petroleum.
“By collaborating with forward-thinking value chain partners and brands globally, we will continue to push the boundaries of innovation and sustainability to deliver high-performance biomaterials at scale. We are thrilled to be joining the Huafon Group, a highly successful materials company that is uniquely positioned to expand the reach of our current products and help us accelerate the introduction of new offerings and technologies to the market.”
The new company, now headquartered in Newark, Delaware, has a successful portfolio of products currently available in the market including:
· Sorona: a partially bio-based polymer addressing the demand for sustainably sourced carpets and fabrics.
· Susterra: a 100% plant-based building block that reduces the need for petroleum-based components while enhancing end-product attributes. Its applications range from footwear and outdoor apparel to coatings, inks and functional fluids.
· Zemea: a plant-based and biodegradable material available in multiple formulations, Zemea meets exacting standards in a variety of high-volume markets, from personal care and home care, to pharmaceuticals, to enhancing flavors and foods.
“We have long admired the work by this team of biomaterials scientists and developers who are developing industry-leading, sustainable materials available at scale,” said Feifeng You, vice president of the Huafon Group and Covation chairman of the board. “The addition of Covation Biomaterials to the Huafon Group will bring bio-based materials to an even larger global customer base and drive the materials sector towards a sustainable future. We are excited for the bright future of this business.”