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Aditya Birla Chemicals Acquires Connora Technologies’ Recyclable Thermoset Technology August 12 2019

2019 Lucintel Composites Market Insights, August 12, 2019

Aditya Birla Chemicals Thailand Limited apprises of the acquisition of Recyclamine Technology from Chemical Technology startup Connora Technologies. Connora Technologies is the pioneer of recyclable epoxy resin technology, based on a novel proprietary polyamine synthesis platform called Recyclamine. Recyclable thermoset technology was recognized as one of the Top 10 emerging technologies in 2015 by the World Economic Forum. Aditya Birla Chemicals Limited Thailand, a parent company of CTP Advanced Materials (Germany) and owns Epotec and CeTePox Brands, is one of the leading manufacturers of epoxy resins and curing agents globally. Aditya Birla Chemicals, part of the $48.3 billion global conglomerate Aditya Birla Group, and Connora Technologies, have been collaborating since 2016 in a Joint Development Agreement to scale-up the manufacturing of Connora’s recyclable epoxy thermoset technology.

Pradip Kumar Dubey, President of Aditya Birla Chemicals Epoxy Division, says, “This acquisition reaffirms our commitment to being an Advanced materials player, offering sustainable and unique solutions that matter to our customers and society in general. Recyclamine is revolutionary for the epoxy and composites industries, as it will enable the manufacturing of recyclable products. Before this innovation, it was just not possible to do so.”