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Croda’s Gallagher joins P2 Board as Independent Director

NEWS RELEASE: P2 Science, Inc.

www.p2science.com

For More Information Contact:                                                      FOR IMMEDIATE RELEASE

Neil Burns:       +1 (732) 688-9585

CEO, P2 Science, Inc

August 12th, 2014

Location: New Haven, CT

 

            KEVIN GALLAGHER, PRESIDENT, PERSONAL CARE AT CRODA INTERNATIONAL PLC HAS JOINED THE BOARD OF DIRECTORS OF P2 SCIENCE, INC. AS AN INDEPENDENT DIRECTOR.

 

Kevin Gallagher’s career has spanned almost 40 years and the major portion of that with Croda. Kevin’s current role at Croda encompasses global responsibility for the company’s business in personal care. Prior to this, Kevin was president of Croda Inc., the US subsidiary of Croda International Plc. His early career included management roles in R&D, Manufacturing, Sales and Marketing.  In addition to his role at Croda, Kevin is on the ACI (American Cleaning Institute) board of directors, the PCPC (Personal Care Products Council) board of directors, NJIT Advisory Board, the advisory board for FIT (the Fashion Institute of Technology) and the Rutgers Chemistry and Chemical Biology Advisory Board.

 

P2 Science is a venture backed company, using patent pending chemical technology to convert biomass into specialty chemicals. Initial target markets include Flavors & Fragrances, Cosmetics, Surfactants and Polymers. The scientific co-founders of the company, Professor Paul Anastas, formerly of the US EPA and Dr. Patrick Foley, worked together at the Yale Center for Green Chemistry and Green Engineering. The company has recently announced customer partnerships with Symrise AG of Germany and Bedoukian Research, Inc. of the US. P2 has also had a long term engineering partnership with Desmet Ballesta sPa of Italy.

 

By adding an independent director to the board, P2 aims to position the company for it’s next stage of growth, that is scaling up production from lab to commercial scale and growing sales in the renewable flavor and fragrance ingredients market.

 

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P2 and Bedoukian – F&F Ingredients Agreement

NEWS RELEASE: P2 Science, Inc.

www.p2science.com

For More Information Contact:

Neil Burns:       +1 (732) 688-9585

CEO, P2 Science, Inc

Neil@P2science.com

July 23rd, 2014

Location: Danbury, CT and New Haven, CT

 

Bedoukian Research and P2 Science Agree to Manufacture and Market F&F Ingredients

 

            P2 SCIENCE, INC. A RENEWABLE CHEMICAL COMPANY AND BEDOUKIAN RESEARCH, INC., A LEADING FLAVOR AND FRAGRANCE (F&F) INGREDIENT COMPANY HAVE ENTERED INTO AN AGREEMENT FOR THE DEVELOPMENT, MANUFACTURING AND MARKETING OF F&F INGREDIENTS.

 

Currently, products with an existing market demand and innovative new molecules are being worked on by Bedoukian and P2. Products of immediate commercial interest to both companies are expected to be scaled up to production for commercial supply within a 12 month timeframe. Brand new molecules will be assessed for toxicology, performance and economics. Selected products will be moved through the  commercialization process and marketed through the joint activities of both companies. P2’s unique chemical process technology for the manufacture of chemicals from biomass is a good fit with Bedoukian’s synthesis and separations technology. As part of the agreement the companies will evaluate the potential for a joint manufacturing installation to serve the F&F market.

 

The F&F industry is challenged by both regulatory pressures and consumer demands for more transparency and greater product sustainability. The agreement between Bedoukian and P2 is aimed at commercializing a range of renewable F&F ingredients that are made via unique processing technology; thus enabling formulators to build improved and more cost effective products for the consumer market.

 

P2 Science is a venture backed company, using patent pending ozonolysis technology to convert biomass into specialty chemicals. Initial target products include renewable versions of existing F&F ingredients as well as brand new molecules, to date inaccessible via existing chemistry. Bedoukian is a leading manufacturer and marketer of F&F Ingredients and Pheromones. The company has particular expertise in chemical synthesis and distillation technology, as well as a global distribution network.  As part of the company’s growth strategy, Bedoukian seeks out new technologies to enable it to continue bringing to market high quality, innovative ingredients to help differentiate its customer’s formulations. The partnership with P2 is an important part of this strategy for Bedoukian.

 

About Bedoukian

Bedoukian Research, Inc. offers more than 450 Aroma Chemicals and 50 Insect Pheromones. The company was founded by Paul Bedoukian in 1972. Dr. Robert Bedoukian, his son, joined the company in 1975. Under his leadership, Bedoukian Research has enhanced its reputation in the Flavor and Fragrance and Insect Pheromone industries for superior quality products, excellent customer service, and availability of technical expertise. Dr. Robert Bedoukian is currently serving on the board of directors of the Research Institute for Fragrance Materials (RIFM) and the International Fragrance Association of North America (IFRANA). He is a past chairman of the board of directors at RIFM.

 

About P2 Science

P2 Science has received financing from Elm Street Ventures, an early stage venture capital firm and Connecticut Innovations, Inc. The company has an exclusive licensing agreement for certain technology with Yale University and works in partnership with the Engineering firm, Desmet Ballestra, Italy in the design of P2’s process plant. P2’s CEO is Neil Burns, who prior to joining P2 had over 25 years experience in specialty chemicals. The scientific co-founders of the company, Professor Paul Anastas and Dr. Patrick Foley, worked together at the Yale Center for Green Chemistry and Green Engineering.

 

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Symrise and P2 Science form F&F Ingredient Partnership

 

 

NEWS RELEASE: P2 Science, Inc.

www.p2science.com

For More Information Contact:

Neil Burns:       +1 (732) 688-9585

CEO, P2 Science, Inc

Neil@P2science.com

June 23rd, 2014

Location: Holzminden Germany and New Haven, CT

 

Symrise and P2 Science Target Development of Flavor & Fragrance Ingredients

 

            P2 SCIENCE, INC. A RENEWABLE CHEMICAL COMPANY AND SYMRISE AG, A LEADING FLAVOR AND FRAGRANCE (F&F) COMPANY HAVE ENTERED INTO A PARTNERSHIP FOR THE JOINT DEVELOPMENT AND COMMERCIALIZATION OF RENEWABLE F&F AND COSMETICS INGREDIENTS.

 

The F&F industry is looking increasingly to renewable ingredients as a key platform for growth. The Symrise and P2 partnership is aimed at providing a slate of such ingredients for use by Symrise in the further development of its global business.

 

Currently, initial products with a high strategic importance to Symrise are being worked on in the New Haven, CT labs of P2. Products of immediate commercial interest to both companies are expected to be scaled up to production for commercial supply within a 12 month timeframe. Brand new molecules will be assessed for toxicology, performance and economics. Selected products will be moved through the a commercialization process for use in certain Symrise end markets and potential sale to other F&F companies.

 

P2 Science is a venture backed company, using patent pending hybrid ozonlysis technology to convert biomass into specialty chemicals. Initial target products include renewable versions of existing F&F ingredients as well as brand new molecules, to date inaccessible via existing chemistry. Symrise is one of the top four flavors and fragrances companies globally. In order to further strengthen and grow its market position, Symrise seeks to improve the long term availability of key ingredients and to improve their sustainability profile. A backward integration into novel technology to achieve these improvements is of strategic importance to the company. The partnership with P2 is an important part of this strategy for Symrise.

 

About Symrise

Symrise (www.symrise.com) is a global supplier of fragrances, flavorings, cosmetic active ingredients and raw materials as well as functional ingredients. Its clients include manufacturers of perfumes, cosmetics, food and beverages, the pharmaceutical industry and producers of nutritional supplements. Its sales of € 1.830 billion in 2013 place Symrise among the top four companies in the global flavors and fragrances market. Headquartered in Holzminden, Germany, the Group is represented in 35 countries in Europe, Africa, the Middle East, Asia, the United States and Latin America. Symrise works with its clients to develop new ideas and market-ready concepts for products that form an indispensable part of everyday life. Economic success and corporate responsibility are inextricably linked as part of this process. Symrise thus takes sustainability into account in every part of its corporate strategy. DQS certified Symrise as a “Green Company” in 2013.

 

About P2 Science

P2 Science (www.p2science.com) has received financing from Elm Street Ventures, an early stage venture capital firm and Connecticut Innovations, Inc. The company has an exclusive licensing agreement for certain technology with Yale University and works in partnership with the Engineering firm, Desmet Ballestra, Italy in the design of P2’s process plant. P2’s CEO is Neil Burns, who prior to joining P2 had over 25 years experience in specialty chemicals. The scientific co-founders of the company, Professor Paul Anastas and Dr. Patrick Foley, worked together at the Yale Center for Green Chemistry and Green Engineering.

 

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P2 Partners with Desmet Ballestra SpA

NEWS RELEASE: P2 Science, Inc.

www.p2science.com

For More Information Contact:                                                      FOR IMMEDIATE RELEASE

Neil Burns:       +1 (732) 688-9585

CEO, P2 Science, Inc

Neil@P2science.com

MAY 5TH, 2014

Location: Milan, Italy and New Haven, CT

 

Desmet Ballestra Italy and P2 Science Collaborate on Chemical Technology

 

            P2 SCIENCE, INC. A RENEWABLE CHEMICAL COMPANY AND DESMET BALLESTRA SpA (DBI), A LEADING GLOBAL ENGINEERING COMPANY HAVE ENTERED INTO A PARTNERSHIP FOR THE COMMERCIALIZATION OF BALLESTRA’S REACTOR TECHNOLOGY IN P2’S PROPRIETARY OZONOLYSIS PROCESS FOR THE PRODUCTION OF FLAVOR, FRAGRANCE AND COSMETIC INGREDIENTS.

 

The clean, value added conversion of biomass is a key route to renewable specialty chemicals. P2’s novel ozonolysis technology for the conversion of vegetable oils and terpenes has demonstrated lab-scale success, particularly in the fragrance ingredient market.  P2 has already installed and run a pilot scale falling film reactor from Ballestra at P2’s lab in New Haven, CT. The partnership is initially focused on scaling up the technology to support production and sale of commercial quantities of products within a 12 month timeframe.  Longer term the companies recognize many larger scale markets beyond flavors and fragrances where the jointly developed technology could be applied, including surfactants and polymer intermediates.

 

P2 Science is a venture backed company, using patent pending ozonlysis technology to convert biomass into specialty chemicals. Initial target products include renewable versions of existing F&F ingredients as well as brand new molecules, to date inaccessible via existing chemistry. Desmet Ballestra is a global chemical process engineering company with a leading market position in plants for oleochemical, surfactant and detergent production. The company continually seeks to broaden the application of its technology to additional growing chemical markets The partnership with P2 around P2’s ozonolysis process is an important part of this strategy for Ballestra.

 

About Desmet Ballestra SpA:

Desmet Ballestra S.p.A, Italy, (DBI) is a process engineering company with proprietary technologies in many areas of the organic and inorganic chemical industry such as: surfactants, formulated detergents, auxiliaries and raw materials for the Detergent Industry (Detergents Division), Sulphuric acid, Phosphoric acid, N-P-K granulated compounds, SSP, TSP, Sodium Silicate, Potassium Sulphate, Zeolites etc. (Chemical Division), Oils & Fats hydrogenation, Fats splitting, Glycerin distillation, fatty acids distillation, Biodiesel production, Methylester fractionation/hydrogenation, fatty alcohols production and other oleo-chemical technologies (Oleo-chemical Division).

 

About P2 Science

Formed in 2011, P2 Science has received financing from Elm Street Ventures, an early stage venture capital firm and Connecticut Innovations, Inc. The company has an exclusive licensing agreement for certain technology with Yale University and works in partnership with the Engineering firm, Desmet Ballestra, Italy in the design of P2’s process plant. P2’s CEO is Neil Burns, who prior to joining P2 had over 25 years experience in specialty chemicals. The scientific co-founders of the company, Professor Paul Anastas and Dr. Patrick Foley, worked together at the Yale Center for Green Chemistry and Green Engineering.

 

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P2 Science Appoints Advisory Board

NEWS RELEASE: P2 Science, Inc.

www.p2science.com

For More Information Contact:                                                      FOR IMMEDIATE RELEASE

Neil Burns:       +1 (732) 688-9585

CEO, P2 Science, Inc

May 30th, 2013

Location: New Haven, CT

 

            P2 SCIENCE, INC. A RENEWABLE CHEMICAL COMPANY, WITH AN INITIAL FOCUS ON THE FLAVOR AND FRAGRANCE MARKET, HAS FORMED A STRATEGIC ADVISORY BOARD, COMPRISING LEADING FIGURES FROM INDUSTRY, ACADEMIA AND GOVERNMENT.

 

P2 Science is a venture backed company, using patent pending chemical technology to convert biomass into specialty chemicals. Initial target markets include Flavors & Fragrances, Cosmetics and Polymers. The scientific co-founders of the company, Professor Paul Anastas and Dr. Patrick Foley, worked together at the Yale Center for Green Chemistry and Green Engineering.

 

P2’s Strategic Advisory Board is intended to provide insight and counsel from experienced professionals with a track record in relevant technology and business as the company commercializes its technology and works toward its first production capability scheduled for 2014. The four members are Professor Paul Anastas, Dr. James Barber, Professor Eric Beckman and Mr. Stephen Hicks. Further details follow:

 

Professor Paul Anastas, is Director of the Yale Center for Green Chemistry and Green Engineering. Professor Anastas served as the Assistant Administrator for the US EPA and the EPA Science Advisor from 2009-2012. From 2004 -2006, Professor Anastas served as Director of the ACS Green Chemistry Institute in Washington, D.C. He was previously the Assistant Director for the Environment in the White House Office of Science and Technology Policy where he worked from 1999-2004. Professor Anastas is credited with establishing the field of green chemistry during his time working for the US EPA as the Chief of the Industrial Chemistry Branch and as the

Director of the US Green Chemistry Program. Dr. Anastas has published widely on topics of science through sustainability including eleven books, such as Benign by Design, Designing Safer Polymers, Green Engineering, and his seminal work as co-author, Green Chemistry: Theory and Practice.

 

Dr. James Barber served as President and CEO of Metabolix, Inc. from 2000 to 2007. During this period, he led the transformation of Metabolix from a research boutique to a world-renowned, publicly traded renewable polymers company. Prior to joining Metabolix, Dr. Barber served as a Global Business Director at Albemarle and as a Director of Nippon Aluminum Alkyls, a JV between Albemarle and Mitsui. Dr. Barber’s prior experience includes time as a venture capitalist and in the formation of venture backed companies. He currently serves as a director or advisor to a number of leading renewable chemical companies.  Dr. Barber received the ACS Henry F. Whalen, Jr. award for Business Development in 2003.

 

Dr. Eric Beckman is a co-founder of Cohera Medical, Inc. and is the primary inventor of the company’s proprietary adhesive technology, which recently won a Gold Edison award for innovation. Dr. Beckman is also co-Director of the Mascaro Sustainability Initiative at the University of Pittsburgh, where he is a professor in the Department of Chemical Engineering. Dr. Beckman has held positions in industry, including at Monsanto Plastics and Resins and Union Carbide’s Silicones and Urethanes Intermediates Division. Dr. Beckman received the 2002 Academic Presidential Green Chemistry Challenge Award from the EPA, and was honored by the Engineers’ Society of Western Pennsylvania as the 2005 Engineer of the Year.

 

Stephen J. Hicks is the recently retired Director of R&D at Procter and Gamble for Global Flavors and Fragrance Development. In this role, Mr. Hicks led innovation strategy and organization for all flavor & fragrance development for all P&G brands globally. He managed a research and development organization in 10 P&G technical centers around the world. Over a 37+ year career with P&G, Mr. Hicks led research and strategy programs and organizations in other areas including paper products, beverages, cookies, salted snacks, health care, beauty care, skin care and fine fragrances. He worked on a number of iconic brands including Olay®, Vicks® and Pantene®. He has lived and worked in Cincinnati, Canada and the UK. Mr. Hicks currently consults in the flavors and fragrance industry in the areas of innovation and strategy and is an adjunct professor at the University of Cincinnati College of Engineering & Applied Science.

 

P2 Science has received financing from Elm Street Ventures, an early stage venture capital firm and Connecticut Innovations, Inc. The company has an exclusive licensing agreement for certain technology with Yale University and works in partnership with the Engineering firm, Desmet Ballestra, Italy in the design of P2’s process plant. P2’s CEO is Neil Burns, who prior to joining P2 had over 25 years experience in specialty chemicals.

 

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P2′s Calendar

P2’s Calendar

Happy New Year to all our readers! We have added a calendar page to the website. This lists all the speaking engagements we have so far for the coming year and also the exhibitions and conferences in which we will be participating. Links and brief information are provided for each.

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