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Versalis and Yulex partner to produce guayule-based biorubber for consumer, medical and industrial applications
Date:1/28/2013

ubber," said Daniele Ferrari , chief executive officer of Versalis. "Partnering with Yulex represents our commitment and momentum towards entering the global market as a major green chemistry player. All of our green chemistry partnerships aim to enhance Versalis' bio-based portfolio and will feed oil-based production chains with high-performance intermediates from renewable feedstocks, in particular in the elastomers business."

"Versalis is an ideal global partner for Yulex, as they are a leading supplier of elastomers and have the ability to rapidly scale and commercialize processes," said Jeff Martin , chief executive officer, president and co-founder of Yulex Corporation. "Together, through our shared vision of expanding green chemistry,we can accelerate the positive impact that guayule-based biorubber high-value products have on the environment, human health and sustainable global growth."

About Versalis
Versalis, rebranded from the former Polimeri Europa, is the largest Italian chemical company and a subsidiary of Eni.  Versalis leads the market today in a host of chemical products by offering one of the widest portfolios. It has been acknowledged as the 2nd largest producer of elastomers in Europe and ranks among the leading ones worldwide. The company also holds market stewardship in manufacturing a host of basic chemicals, polyethylene, styrenics and elastomers for every application requirement. It has recently been refocusing its strategies on a more market-oriented  product portfolio, reinforcing R&D and Licensing,  and enhancing global presence.  The elastomers business is central to the upgrading and optimization plan which also includes expanding portfolio through bio-based chemicals. With a 2012 production to sales of 6,1 million tons, Versalis  operates at an international level and  is heavily involved in the rene
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SOURCE Yulex Corporation
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