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DSM and Rostekhnologii to cooperate on biotechnology and functional materials (NL)


Royal DSM, the global Life Sciences and Materials Sciences company, announces today that it has signed a Memorandum of Understanding (MOU) for a strategic partnership with Rostekhnologii (Rostec), a Russian State Corporation, in the fields of biotechnology and functional materials. The MOU was signed today in Amsterdam (Netherlands) in the presence of President Vladimir Putin of the Russian Federation and Prime Minister Mark Rutte of the Netherlands. Under the terms of the MOU, DSM and Rostec will explore a potential cooperation in the field of conversion of cellulosic biomass from forestry and agriculture to fermentable sugars for the production of biofuels and/or biobased chemicals as well as the manufacturing of bio-based products such as bioethanol, biogas and organic acids from sugars derived from cellulosic biomass.

Source: Market Wired

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