IFF Joins Forces With Kemira For Joint Venture Focused On Biopolymer Production

International Flavors & Fragrances, Inc. (NYSE:IFF) disclosed the creation of a joint venture, Alpha Bio, in collaboration with Kemira.

The joint venture, which will operate independently in Finland, is focused on the commercial-scale production of renewable biobased materials.

The Alpha Bio facility, which has an investment of around 130 million euros ($140 million), is set to begin operations in late 2027.

It will convert up to 44,000 MT of plant sugars into bioproducts, ...