ASHLAND, VA and ABINGDON, OXFORDSHIRE U.K., April 2016 – Green Biologics, Inc., the U.S. subsidiary of Green Biologics Ltd., a U.K. industrial biotechnology and renewable chemicals company, announced today a distribution agreement with Nexeo Solutions, a Texas (U.S.) based global distribution company. Nexeo Solutions will become Green Biologics’ national distributor of renewable n-butanol and acetone to U.S. customers in a number of key markets including CASE (coatings, adhesives, sealants and elastomers), HI&I (household, industrial & institutional cleaners), PCI (personal care intermediates) and energy chemicals.
“Nexeo Solutions is a superb partner for Green Biologics,” said Timothy G. Staub, Global Vice President of Business Development for Green Biologics, said. “With decades of distribution experience particularly in high value solvents, Nexeo Solutions brings a unique combination of logistical capabilities and market knowledge along with critical presence both in key markets and in key geographies important to our customers.”
Green Biologics’ is currently constructing its first commercial production facility for renewable n-butanol and acetone in Little Falls, Minnesota, and aims to start up the plant in late 2016 with shipments to customers by Q4. Green Biologics is a new member of the American Chemistry Council (ACC) and is building their new green solvents facility to meet Responsible Care™ standards.
“Our focus is to selectively move our renewable n-butanol and acetone into high value markets, and Nexeo is well qualified and positioned to help us reach key customers who are interested in sustainability and value,” Staub said.
“Sustainability is an important metric for the chemical industry, and renewable chemicals are an important part of the equation for our customers and markets. We are pleased to welcome Green Biologics to our industry and to the Nexeo family of suppliers,” Dan Matheny, Vice President Industrial Markets at Nexeo Solutions, said.
About Green Biologics
Green Biologics Ltd (GBL) is a renewable chemicals company based in Abingdon, England with a wholly owned U.S. operating company, Green Biologics Inc., based in Gahanna, Ohio. GBL’s Clostridium fermentation platform converts a wide range of sustainable feedstocks into high performance green chemicals such as n-butanol, acetone, and through chemical synthesis, derivatives of butanol and acetone used by a growing global consumer and industrial products customer base. The platform combines advanced high productivity fermentation with superior-performing proprietary Clostridium microbial biocatalysts and synthetic chemistry to produce a pipeline of high value green chemicals with optimal performance in downstream formulations.
Green Biologics was named to the Global Cleantech 100 list of the top Cleantech companies in the world for 2014 and 2015. The company was also #8 on the Hottest 40 Small Companies in the Bioeconomy and #22 on the Hottest 30 list for Bio-based Chemicals and Materials for 2015.
Green Biologics is transforming the global specialty chemicals market, providing its customers with products and technology that are more sustainable and higher value than petroleum-based alternatives. For more information, visit www.greenbiologics.com.
ABOUT NEXEO SOLUTIONS
Nexeo Solutions is a large global chemical and plastics distributor with a centralized business model. With operations worldwide, Nexeo Solutions offers over 23,000 products used in a broad cross-section of industries, including chemicals manufacturing, oil and gas, paints and coatings, automotive, healthcare and personal care. Nexeo Solutions distributes these products in North America, EMEA, and Asia. The company provides broad logistics capabilities, in-depth market knowledge, dedicated technical expertise and Environmental Services. As a private company employing approximately 2,450 employees, Nexeo connects a network of over 1,300 suppliers with a diverse base of more than 27,500 customers. Learn more at www.nexeosolutions.com.