AkzoNobel and Solvay seal partnership with Ernst & Young

09-May-2014 - Germany

AkzoNobel and Solvay have joined forces with EY (Ernst & Young) to develop amonitoring system that tracks and quantifiesthe use of renewable raw materials in paints, coatingsand other applications.

The partnership builds on last year's agreement between AkzoNobel and Solvay, whereby the company progressively increases the use of Solvay's bio-based epichlorohydrin, or Epicerol, initscoatings products.

Under this new agreement, Solvay, AkzoNobel and EY will develop a"chain of custody methodology" to ensure that even in situations where no physical segregation of petro and bio-based materials is practiced, volumes may still be assigned and reported.

"This is a vital next step to measure and share with partners our progress in using Solvay's bio-based epichlorohydrin,"explained Peter Nieuwenhuizen, AkzoNobel's Director of Innovation and Partnerships.

 

 

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