Under the agreement, Fine Chemistry Services division of Albemarle will act as a custom scale-up and production partner for synthetic, renewable base oils for the lubricants market.
Novvi’s NovaSpec synthetic renewable base oils produced at Albemarle, will be distributed by the joint venture to finished lubricant makers across the globe.
Pending regulatory activities, Albemarle plans to begin production of NovaSpec soon at its faiclity in South Carolina, US, utilizing Biofene produced and supplied by Amyris.
Novvi managing director Lineu Moran said partnering with Albemarle for the scale-up and production of NovaSpec base oils enable the company to deliver to lubricants market the highest quality synthetic, renewable base oils.
US based Albemarle is global developer, manufacturer, and marketer of highly-engineered specialty chemicals.
Amyris is a renewable products company engaged in providing sustainable alternatives to petroleum-sourced products.
Based in Sao Paulo, Brazil, Novvi is engaged in the development, production, marketing and distribution of high-performance renewable base oils from Biofene, Amyris’ renewable farnesene.
