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Kemira and IFF Form Joint Venture To Produce Biobased Materials at Scale

Kemira and IFF have announced that they have taken the final investment decision and move forward in forming a joint venture manufacturing company to produce renewable biobased products on a commercial scale. Total investment is estimated at around EUR 130 million and commercial production is expected to start in late 2027. 

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IBC Finland builds novel biotechnology solutions and products through project cooperation between companies and research institutes. We offer industry the opportunity to achieve sustainable processing and production of biobased products, chemicals, materials and fuels, from renewable raw materials using biotechnology.

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