Diversified Natural Products, Inc. Announces New Investment Partnership With Leading Biotechnology Investors Toyota Tsusho Corporation and Roberts Mitani Aqua Partners, LLC.Energy Editors/Business Editors/Environment Writers BIOWIRE2K EAST LANSING East Lansing, city (1990 pop. 50,677), Ingham co., S central Mich., a suburb of Lansing, on the Red Cedar River; inc. 1907. The city was first known as College Park, but was renamed when it was incorporated. , Mich. & NEW YORK--(BUSINESS WIRE)--Oct. 7, 2003 Diversified Natural Products, Inc., a leading technology-based company engaged in the commercialization of products from renewable resources, today announced a new investment partner, TTC-RMA Venture Partners LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control (TRVP). TRVP is a technology investment and incubation company jointly owned by Toyota Tshusho Corporation of Nagoya, Japan and Roberts Mitani Aqua Partners, LLC of New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of . One of the goals of this partnership is to develop new technologies essential for producing environmentally friendly Environmentally friendly, also referred to as nature friendly, is a term used to refer to goods and services considered to inflict minimal harm on the environment.[1] materials for the automotive industry The automotive industry is the industry involved in the design, development, manufacture, marketing, and sale of motor vehicles. In 2006, more than 69 million motor vehicles, including cars and commercial vehicles were produced worldwide. . Diversified Natural Products Inc. is a leader in the production of bio-based succinic acid succinic acid: see Krebs cycle. and derivatives, and has developed numerous proprietary products and applications. The technology was spawned in conjunction with the U.S. Department of Energy (DOE) as a part of a CRADA CRADA Cooperative Research And Development Agreement (cooperative research and development agreement “CRADA” redirects here. For other uses, see CRADA (disambiguation). A Cooperative Research and Development Agreement (CRADA) is an agreement between a government agency and a private company to work together. ). Diversified Natural Products, in collaboration with the DOE and Michigan State University Michigan State University, at East Lansing; land-grant and state supported; coeducational; chartered 1855. It opened in 1857 as Michigan Agricultural College, the first state agricultural college. , has pursued its strategy of developing superior separation and downstream technologies enabled by fermentation technology to achieve an extensive intellectual property portfolio of technology, products and applications that offer superior economics to petroleum-based products. "We have critical new technology that will serve to replace oil and fossil fuels with renewable resources as feedstocks for many chemicals. Not only will our products offer non-toxic, biodegradable solutions to consumers, they will help in the world's attempt to conserve oil and develop alternative energy sources at a cost competitive to fossil fuels," said Paul Jacobson, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Diversified Natural Products. "We are ready to commercialize our products and with the help of forward thinking companies like Toyota Tsusho, we hope to do so very quickly. Toyota Tsusho is willing to take a leadership position in developing new technologies essential to producing environmentally friendly materials for the automotive industry, and we are delighted to have them as our partner. Succinic acid represents a key 'platform molecule' in the whole bio-refinery concept, and we have the most extensive intellectual property portfolio regarding its production, derivatives and applications." Dr. Kris A. Berglund, Chief Science Officer of Diversified Natural Products, commented, "Of equal importance to our commitment to environmental stewardship is our goal of enhancing human health. Our gourmet and fungal products, and sodium free salt substitute food ingredients have already begun to make a difference in people's lives. This strategic partnership with TRVP will help propel these products more quickly to market on a global basis." "TRVP is interested in Diversified Natural Products because of the strength of its technology and the potential applications it affords for growth in new, environmentally friendly products, particularly in the automotive sector," commented Hideki Mitani, Managing Director of TTC TTC Trying To Conceive TTC Toronto Transit Commission TTC Trans Texas Corridor TTC Toutes Taxes Comprises (French) TTC Trident Technical College (North Charleston, SC) TTC Temporary Traffic Control RMA (RealMedia Architecture) See RealMedia. . "The company's innovative and technically-sound approach is consistent with our mission to establish a sustainable, environmentally friendly industry based on renewable resources." About Roberts Mitani Aqua Partners LLC Roberts Mitani Aqua Partners LLC is an international advisory and private equity group based in New York, specializing in life science, industrial biotechnology, information technology, financial services, and alternative energy. For more information, visit www.rmaqua.com or call 212-582-9800. About Toyota Tshusho Toyota Tsusho, the trading arm of Toyota Motor Company was established more than 50 years ago and is globally active in investment and trading in metals, machinery, automotive and related products, industrial materials, energy, food and textiles. Toyota Tsusho is committed to environmental-related businesses, as well as to the realization of a recycling-based economy. It has an extensive international network, including 42 subsidiaries and four branches in 52 nations. The head office is in Japan. About Diversified Natural Products, Inc. Diversified Natural Products, Inc. goal is to develop safe, environmentally benign products for everyday use. The company is organized into two major divisions: Fuels and Chemicals located in East Lansing, Michigan East Lansing is a city in the U.S. state of Michigan. The city is located directly east of Lansing, Michigan, the state's capital. Most of the city is within Ingham County, though a small portion lies in Clinton County. and Lulea, Sweden is dedicated to building a leadership position in carbohydrate-based technologies for production of fuels, specialty chemicals and polymers. The Gourmet and Functional Foods division, located in East Lansing, Michigan and Mietoinen, Finland is engaged in the production of specialty mushrooms for gourmet foods, functional foods and nutraceuticals as well as the production and sale of non-sodium salt substitutes. For more information, visit www.dnpco.com or call 517-332-4610. |
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