Early this week, Italian chemical company Versalis announced its partnership with Yulex, a US company that has developed a guayule plant-based biomaterials. The companies plan to manufacture guayule-based biorubber materials and will build an industrial production complex in Southern Europe.
According to Yulex, Guayule (pronounced why-YOU-lee) is a renewable, non-food crop that can be an alternative source of natural rubber. Versalis plans to include guayule rubber to its synthetic rubber portfolio as a supplementary business opportunity and an increased commercial offering.
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