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Sustainable chemicals company Relement in The Netherlands has raised €1 million in a seed financing round to scale up its start-up product, bio MPA. The investment will also enable pre-commercial trials with selected front runner coating resin customers.
Editorial office / Bergen op Zoom

Brabant Startup Fonds (BSF), the Brabant Development Agency (BOM) and TNO are early investers. Smart Industries Fund, managed by Innovation Industries, already invested into Relement last year. In addition, Rabobank has recently provided an Innovation Loan to Relement.

“These early and local investors subscribe to our mission, which is to provide sustainable chemical ingredients for everyday products which are difficult to recycle,” said Roger Blokland, CEO of Relement. “The chemical industry is at the brink of a massive change towards sustainable products and Relement will be providing a solution for key markets.”

Missing link

Bio MPA is a unique bio-based chemical ingredient. It provides the missing link to make bio-based alkyd coatings. By replacing fossil oil based ingredients, a significant reduction of the coating CO2-footprint will be achieved. In addition, bio MPA will improve key properties of paint and coating such as scratch resistance.

Relement, a spin-off from the Netherlands Organisation for Applied Scientific Research (TNO) will provide sustainable chemical ingredients for everyday products such as coatings, adhesives, insulation materials, lubricants and many more. These ingredients will be made from locally sourced agricultural non-edible residues, not fossil oil.

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