BASF and IFF have formed a strategic collaboration to drive innovation in enzyme and polymer for personal care and other applications.
The tie-up aims to accelerate the development of IFF’s Designed Enzymatic Biomaterials technology platform and create next-generation enzyme technologies for fabric, dish and personal care as well as industrial cleaning applications.
The joint effort will focus on innovative enzyme systems and biobased polymers, enabling customers to achieve superior performance while reducing resource consumption.
Both companies will maintain independent operations and competitive positioning, while leveraging complementary strengths to accelerate innovation and expand choices for customers worldwide.
“This partnership marks a strategically significant step for both companies,” said Michael Heinz, member of the Board of Executive Directors of BASF.
“By combining our research and development expertise, we are creating the foundation to bring large-scale innovative solutions to market faster for our customers,” he added.
IFF CEO Erik Fyrwald said: “We are very excited about the collaboration with BASF to jointly unlock new potential in enzyme and polymer technologies.
“Our partnership enables us to develop market-driven solutions that create sustainable value for both the industry and the environment.”