January 15, 2021
Elevance Renewable Sciences, Inc., which creates novel, high-performing specialty chemicals from renewable feedstocks, announced that Karl Schoene will succeed Tony Parnell as Elevance’s chief executive officer, effective May 1. “Karl is the right person to take Elevance to even greater success,” said Parnell. “He’s a proven leader with a history of producing strong results and […]
Cargill has acquired NatureWax, a market‑leading provider of natural, vegetable‑based waxes. Cargill owned NatureWax, based in Woodridge, Ill., U.S.A., from its inception in the late 1990s until 2007. In 2007, it was sold to its current parent company, Elevance Renewable Sciences, Inc. Cargill only purchased the NatureWax business back from Elevance. Terms of the agreement were not disclosed. Going forward, Elevance will […]
Elevance Renewable Sciences, Inc., based in Woodridge, Ill., U.S.A., announced the successful completion of a scale-up of a second-generation biorefinery technology using the company’s olefin metathesis technology which utilises ethylene and natural oil feedstocks. The ethenolysis process advancement represents an important milestone for the development of a second-generation metathesis technology, the company said. Catalysts produced […]
Elevance Renewable Sciences, Inc. announced the appointment of Tony Parnell as CEO, succeeding K’Lynne Johnson, who has transitioned to a new role as executive chairperson of Elevance’s board of directors, effective Oct. 23. As CEO, Parnell’s initial priorities will be to enhance commercialization of Elevance products that have already been introduced and take full advantage […]
Elevance Aria™ WTP 40, a high-performance synthetic base stock, has been certified as HX-1 food-grade by InS Services (UK) Ltd. Elevance Renewable Sciences, Inc., based in Woodridge, Ill., U.S.A., said this certification expands its current potential applications — industrial gear, transportation gear, compressor and grease markets — to include applications in the food processing and […]
Elevance Renewable Sciences, Inc., based in Woodridge, Ill., U.S.A. is developing a Biobased Polyol Ester (BPE) designed to address the demanding fire-resistant hydraulic fluid market. According Greg Gerhardt, commercial development manager, Elevance BPE meets Factory Mutual requirements for fire resistance because of its high flash and fire point. “In addition, unlike many other vegetable-based esters, […]
