Domtar invests in Prisma Renewable Composites

Market: Biofuel
Posted July 12, 2018
Domtar’s Biomaterials team and research partners have been focusing time and resources on lignin development — specifically, developing lignin-based materials that could eventually serve as sustainable and biodegradable alternatives to petroleum and other fossil fuel–based products.

Domtar recently took another step forward in lignin development and the process of commercializing lignin-based applications by investing in Prisma Renewable Composites, which is developing advanced materials from lignin and other natural resources. With this investment, Domtar will help commercialize the process of using lignin to make engineered plastic compounds, such as acrylonitrile butadiene styrene (ABS), and other high-value applications.

“We’re pleased to have the opportunity to partner with an industry-leading renewable composite company,” says Mark DeAndrea, Domtar’s vice president of Biomaterials. “This investment leverages Prisma’s scientific research capabilities and unique product development strategy with Domtar’s commercialization and lignin production expertise.”





Topics: Investments

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