Cargill, Materia expand development agreement.Cargill Cargill, Incorporated is a privately held, multinational corporation, and is based in the state of Minnesota in the United States. It was founded in 1865, and has grown into the world's second largest privately held corporation (in terms of revenue). , Minneapolis Minneapolis (mĭn'ēăp`əlĭs), city (1990 pop. 368,383), seat of Hennepin co., E Minn., at the head of navigation on the Mississippi River, at St. Anthony Falls; inc. 1856. , MN, and Materia materia /ma·te·ria/ (mah-ter´e-ah) [L.] matter. materia al´ba whitish deposits on the teeth, composed of mucus and epithelial cells containing bacteria and filamentous organisms. , Inc., Pasadena, CA, have expanded their development agreement that provides Cargill with use of Materia's proprietary olefin metathesis Olefin metathesis or transalkylidenation (in some literature, a disproportionation) is an organic reaction which involves redistribution of olefinic (alkene) bonds.[1] technology for converting biobased oils to industrial chemicals, feedstocks, and consumer products. The revised agreement provides Cargill with exclusive license and provides Materia with increased funding for further research. The original agreement, which was based on a U.S. Department of Energy grant for ethenolysis development, was made in September 2003. |
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