Tag: MENA

Four-way distribution partnership provides quality, consistent rasH2 supply to India and China, better serving global customers

RENSSELAER, N.Y., March 21, 2022 (GLOBE NEWSWIRE) — Taconic Biosciences, a global leader in providing drug discovery animal model solutions, has appointed Nomura Siam International Co., Ltd. (NSI) and Nomura Jimusho. Inc. (NJI) as sales agents and distributors of the rasH2 Mouse Carcinogenicity Test System in India and China, respectively. These distribution arrangements greatly improve rasH2 access for the burgeoning pharmaceutical industry in the Asia-Pacific region.

The rasH2 transgenic mouse model is the only short-term (6-month) carcinogenicity test system that is both accepted by global regulatory authorities and readily available in commercial production. Invented by the Central Institute for Experimental Animals (CIEA), the rasH2 model is widely used as an alternative to the 2-year carcinogenicity bioassay, providing a faster, more accurate test system that better aligns with Russell & Burch’s 3R tenets. Taconic and CLEA Japan, Inc (CLEA) have provided validated and consistent rasH2 mice for use in North America, Europe, and Asia since 2006, though access in India and China has been limited. As drug discovery and development activity increases in India and China, access to a carcinogenicity assay that is accepted by the US Food and Drug Administration (FDA) and European Medicines Agency (EMA), as well as local authorities, is vital.

Under the new agreement, NSI serves as sales agent and distributor for India and NJI as sales agent and distributor for China. These distributors and sales agents greatly simplify the transaction process for users located in these countries. NSI and NJI will leverage CLEA and Taconic production colonies in Japan, Denmark, and the US to meet customer demand, facilitating investigator access. Taconic, CLEA, and CIEA closely monitor these colonies and perform regular functional studies using positive control compounds to assure performance critical for drug safety assessment. The arrangement also allows CLEA and Taconic to align production to meet global demand through improved visibility into rasH2 global use and needs.

“The rasH2 model has delivered on the promise of transgenic technology by demonstrating exceptional value in carcinogenicity assessment of new drugs, and the worldwide adoption of this system is a testament to its advantages in terms of speed, specificity, and total cost,” said Dr. Michael Seiler, vice president commercial products at Taconic.

“This historic collaboration ensures customers in every country have full access to the rasH2 carcinogenicity test system,” said Ryuta Nomura, CIEA chairman of the board and CEO. “This partnership will significantly increase the likelihood that all customers globally receive rasH2 as requested with minimal delay, enabling studies to be performed sooner and ultimately helping to get new life-saving medications on the market faster.”

To learn more about the rasH2 model, please call 1-888-TACONIC (888-822-6642) in the US, +45 70 23 04 05 in Europe, or email info@taconic.com.

About Taconic Biosciences, Inc.

Taconic Biosciences is a fully-licensed, global leader in genetically engineered rodent models and services. Founded in 1952, Taconic provides the best animal solutions so that customers can acquire, custom-generate, breed, precondition, test, and distribute valuable research models worldwide. Specialists in genetically engineered mouse and rat models, microbiome, immuno-oncology mouse models, and integrated model design and breeding services, Taconic operates service laboratories and breeding facilities in the US and Europe, maintains distributor relationships in Asia, and has global shipping capabilities to provide animal models almost anywhere in the world.

About CIEA:

Central Institute for Experimental Animals is a private and independent non-profit institute, founded in 1952 with the aim of contributing to medical care and medical science based on animal experiments.

About CLEA:

CLEA Japan Inc. was founded in 1965 as a total system supplier of laboratory animals, their diet and equipment, to support bioscience research and development with a vision of health, welfare, and environment for humans.

CLEA operates four breeding facilities in Japan, a joint venture facility in Thailand, and Technical Service Center near Mt. Fuji in Japan.

About Nomura Siam International Co. Ltd. (NSI):

Nomura Siam International Co. Ltd., based in Bangkok, Thailand, was jointly established in 2012 by CLEA Japan, Inc. and Nomura Jimusho, Inc. to provide a one-stop service for the laboratory animal field. As a one-stop service supplier, NSI not only sells laboratory animals but also handles a wide range of related products, including equipment for rearing animals and experiments, feeds, and bedding, as well as provides consulting services for preclinical research and designing facilities for laboratory animals.

About Nomura Jimusho. Inc. (NJI):

Established in 1933 for petroleum-related businesses and diversified the activities to deal in products with unique and distinct characteristics in fields such as oil-refining catalysts, special materials, plastic containers, specialty chemicals, and life sciences. In the life sciences field, NJI/NSI have been supplying laboratory animals and various laboratory animal equipment for over a decade to overseas market, such as China, Korea, Thailand, Singapore, Indonesia, Malaysia, and recently India in the partnership with Taconic Biosciences, Inc.

Media Contact:

Aidan Bouchelle
Associate Director, Marketing Operations
518-949-7598
Aidan.Bouchelle@taconic.com

Global Beauty Giant Selects FreedomPay for Next Level Commerce Solutions

Philadelphia, Pennsylvania, March 21, 2022 (GLOBE NEWSWIRE) — FreedomPay, the world’s leading commerce platform, announces partnership with Sephora USA, Inc. the leading prestige beauty omni-retailer, to integrate FreedomPay’s data-driven commerce technology platform in Sephora’s 500 plus stores across the Americas.

“FreedomPay is proud to announce the agreement with Sephora, to provide a world class experience to its millions of customers across the Americas,” said Chris Kronenthal, President at FreedomPay. “Our suite of touchless commerce and data solutions will enable Sephora to provide customers a fast, frictionless, and innovative consumer experience.”

The partnership allows for a safe and secure next-level Mobile POS consumer experience for shoppers with FreedomPay. The new touchless capable payment system enables Sephora clients to have complete control over their checkout experience, giving consumers the option to pay via contactless payment methods and digital wallets all on their own device, including Apple Pay, Google Pay and Samsung Pay.

“Now more than ever, it is critical for us at Sephora to be able to adapt to the quickly changing retail environment and that’s especially important at the point of sale,” said Sree Sreedhararaj, Senior Vice President and Chief Technology Officer at Sephora. “Our clients desire a seamless experience in every step of the shopping journey, and our partnership with FreedomPay allows us to maximize efficiencies and capabilities at checkout.”

About FreedomPay

FreedomPay’s Next Level Commerce™ platform transforms existing payment systems and processes from legacy to leading edge. As the premier choice for many of the largest companies across the globe in retail, hospitality, lodging, gaming, sports and entertainment, foodservice, education, healthcare and financial services, FreedomPay’s technology has been purposely built to deliver rock solid performance in the highly complex environment of global commerce. The company maintains a world-class security environment and was first to earn the coveted validation by the PCI Security Standards Council against Point-to-Point Encryption (P2PE/EMV) standard in North America. FreedomPay’s robust solutions across payments, security, identity, and data analytics are available in-store, online and on-mobile and are supported by rapid API adoption. The award winning FreedomPay Commerce Platform operates on a single, unified technology stack across multiple continents allowing enterprises to deliver an innovative Next Level experience on a global scale. www.freedompay.com

About Sephora Americas

Since its debut in North America more than 20 years ago, Sephora has been a leader in prestige omni-retail with the mission of creating an inviting beauty shopping experience and inspiring fearlessness in our community. With the goal of delivering unbiased shopping support and a personalized experience, Sephora invites clients to discover thousands of products from more than 340 carefully curated brands, explore online and through our mobile app, enjoy services at the Beauty Studio and engage with expertly trained Beauty Advisors in more than 500 stores across the Americas. And with its new long-term retail strategic partnership, clients can now shop Sephora at Kohl’s, a fully immersive, premium beauty destination, with 200 locations in 2021, and at least 850 locations by 2023. Clients can access the free-to-join Beauty Insider program and digital community, which together enhance the experience of Sephora’s passionate clients.

Sephora has been an industry-leading champion of diversity, inclusivity, and empowerment, guided by our longstanding company values. In 2019, Sephora announced a new tagline and manifesto, “We Belong to Something Beautiful,” to reinforce its dedication to fostering belonging amongst all clients and employees and to publicly strive for a more inclusive vision for retail in the Americas. Sephora continues to give back to our communities and advance inclusion in our industry through its social impact and equity programming, called the Sephora D&I Heart Journey.

For more information, visit: https://www.sephora.com/about-us and @Sephora on social media. For media inquiries, please visit our Sephora newsroom or email ExternalComms@sephora.com

Jennifer Tayebi
Hill+Knowlton Strategies for FreedomPay
(734) 395-0780
jennifer.tayebi@hkstrategies.com

Innovative solution will enable surplus renewable electricity to be transferred into the national power grid

Zurich, Switzerland, March 21, 2022 (GLOBE NEWSWIRE) — Hitachi Energy, the global technology and market leader in power grids, announced today that it has won an order from Suzano, the world’s leading eucalyptus pulp producer and one of Latin America’s largest paper producers, to design and deliver a complete grid connection solution for the company’s new pulp mill in Brazil.

Suzano’s new factory will be the world’s largest single-line eucalyptus pulp mill and Brazil’s first pulp production facility to be fossil fuel free when completed in the second half of 2024. It will have an annual production capacity of 2.5 million tons and will increase Suzano’s output by 20 percent. About half of the electricity generated will be transferred to the national power grid, enough to supply around 2.3 million people for one month.

The two companies have worked closely together on grid solutions for Suzano’s fleet of mills over the past 20 years. In this spirit of collaboration and co-creation, Hitachi Energy has contributed its pioneering technologies and its unique system integration capabilities, engineering expertise and extensive experience of local grid code requirements. This enables Hitachi Energy to design and supply complete solutions with exceptional levels of reliability, that are fundamental for these types of application.

“We are honored and delighted to be working with Suzano again on this landmark project that sets a new benchmark in sustainable pulp production and shares its emission-free electricity with society at large,” said Niklas Persson, Managing Director of Hitachi Energy’s Grid Integration business. “This is another example of how our solutions are advancing the world’s energy system to be more sustainable, flexible and secure.”

“The construction of the new factory is the biggest investment in Suzano’s history, so it is vital that the grid connection through which we generate additional revenue from our surplus energy operates at outstanding levels of reliability and availability,” said Mauricio Miranda, Engineering Director at Suzano. “We chose Hitachi Energy as our technology partner based on more than 20 years of successful collaboration and consistent delivery of innovative, reliable solutions and exceptional project execution.”

Hitachi Energy will supply a state-of-the-art grid connection solution to enable the surplus renewable power to be transferred reliably, safely and securely into the national power grid. The solution’s compact footprint is based on advanced gas-insulated switchgear and offers excellent performance in terms of efficiency and availability, while minimizing the total lifecycle cost and CO2 footprint.

To secure reliability and availability, key elements of the grid connection, such as the transformers will be equipped with Hitachi Energy’s digital monitoring systems to provide real-time data and performance insights and enable predictive maintenance. Hitachi Energy will provide a complete solution across the value chain, from system studies and grid code compliance to design and engineering, supply and installation and commissioning.

Hitachi Energy is the world’s leading provider of grid connections and power quality solutions, with an installed base of more than 10,000 projects worldwide, over 800 of which connect renewable energy sources to the grid.

About Hitachi Energy Ltd.

Hitachi Energy is a global technology leader that is advancing a sustainable energy future for all. We serve customers in the utility, industry and infrastructure sectors with innovative solutions and services across the value chain. Together with customers and partners, we pioneer technologies and enable the digital transformation required to accelerate the energy transition towards a carbon-neutral future. We are advancing the world’s energy system to become more sustainable, flexible and secure whilst balancing social, environmental and economic value. Hitachi Energy has a proven track record and unparalleled installed base in more than 140 countries. Headquartered in Switzerland, we employ around 38,000 people in 90 countries and generate business volumes of approximately $10 billion USD.

About Hitachi, Ltd.

Hitachi, Ltd. (TSE: 6501), headquartered in Tokyo, Japan, contributes to a sustainable society with a higher quality of life by driving innovation through data and technology as the Social Innovation Business. Hitachi is focused on strengthening its contribution to the Environment, the Resilience of business and social infrastructure as well as comprehensive programs to enhance Security & Safety. Hitachi resolves the issues faced by customers and society across six domains: IT, Energy, Mobility, Industry, Smart Life and Automotive Systems through its proprietary Lumada solutions. The company’s consolidated revenues for fiscal year 2020 (ended March 31, 2021) totaled 8,729.1 billion yen ($78.6 billion), with 871 consolidated subsidiaries and approximately 350,000 employees worldwide. For more information on Hitachi, please visit the company’s website at https://www.hitachi.com.

Attachment

• Hitachi Energy to connect the first fossil-free pulp plant in Brazil to the national grid

Rebecca Bleasdale
Hitachi Energy Ltd.
+41 78643 2613
rebecca.bleasdale@hitachienergy.com

Seventh Annual Honors for Employers and HR Professionals is Accepting Nominations

FAIRFAX, Va., March 17, 2022 (GLOBE NEWSWIRE) — The Stevie Awards has issued the call for entries for the seventh annual Stevie® Awards for Great Employers, which honor the world’s best companies to work for and the human resources teams, professionals, suppliers, and new products and services that help to create and drive great places to work.

All individuals and organizations worldwide – public and private, for-profit, and non-profit, large and small – may submit nominations to the Stevie Awards for Great Employers. The early-bird entry deadline, with reduced entry fees, is April 27. The final entry deadline is June 8, but late entries will be accepted through July 7 with payment of a late fee. Entry details are available at www.StevieAwards.com/HR.

Juries composed of scores of executives around the world will determine the Stevie Award winners. Winners will be announced on August 8. Gold, Silver, and Bronze Stevie Award winners will be presented their awards at a gala event at Caesars Palace in Las Vegas on September 17.

The Stevie Awards for Great Employers recognize achievement in many facets of the workplace. Categories include:

• Employer of the Year Awards
• HR Achievement Awards
• HR Individual Awards
• HR Team Categories
• Solution Provider Awards
• Solutions, Implementations, and Training Programs or Media Awards
• COVID-19 Response Awards

There are new categories in 2022 for Thought Leadership including Achievement in Thought Leadership Skills, Achievement in Thought Leadership Talent, Achievement in Thought Leadership for Recruitment, Achievements in Internal Thought Leadership, and HR Thought Leader of the Year.

Fourteen of the 16 HR Individual categories do not require payment of entry fees.

Winners in the 31 industry-specific Employer of the Year categories will be determined by a unique blend of public votes and professional ratings. Public voting will take place from July 11 – August 1.

Stevie Award winners in 2021 included Allied Irish Banks (Ireland), Bank of America (USA), IBM (USA), Dell Technologies (USA), Everise (Singapore), Fullscript (Canada), Globe Telecom (Philippines), MGM China (China), PT. Bank Central Asia Tbk (Indonesia), Rakuten USA, Salary.com (USA), Turkcell İletişim Hizmetleri A.Ş. (Turkey), Upwork (USA), and many more.

About the Stevie® Awards:
Stevie Awards are conferred in eight programs: the Asia-Pacific Stevie Awards, the German Stevie Awards, The American Business Awards®, The International Business Awards®, the Middle East & North Africa Stevie Awards, the Stevie Awards for Women in Business, the Stevie Awards for Great Employers, and the Stevie Awards for Sales & Customer Service. Stevie Awards competitions receive more than 12,000 nominations each year from organizations in more than 70 nations. Honoring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about the Stevie Awards at www.StevieAwards.com.

Marketing Contact:
Nina Moore
Nina@StevieAwards.com

Spring update to support tax, revenue recognition and regional compliance mandates to help customers expand globally

San Francisco, CA, March 16, 2022 (GLOBE NEWSWIRE) — Fresh off its recent round of funding, Chargebee, the leading subscription management platform, today announced the industry’s first e-invoicing service for high-performing SaaS and subscription-model businesses as the centerpiece of its Spring 2022 Product Release. The release includes updates geared towards enabling growth and efficiency for Chargebee customers, including taxation and revenue recognition features and a new Marketplace to automate billing workflows through a library of customizable integrations.

E-Invoicing

Countries across the world, including Brazil, France, Finland, Germany and India, are already mandating e-invoicing for Business to Government (B2G) transactions as a way of modernizing and simplifying tax reporting and payment and several countries, including Poland and France, will join Italy, Mexico and Chile in mandating e-invoicing for B2B transactions as early as 2023. Chargebee’s e-invoicing service will allow businesses seeking to expand operations globally to easily comply with local e-invoicing mandates and serve B2G and B2B customers in new regions.

“Chargebee has solved a huge problem for us,” said Gabriele Proni, co-founder and CTO of Voxloud, an Italian-based communications company. “Italy has some of the strictest e-invoicing mandates in the entire world, and without Chargebee’s e-invoicing service, we would have had to spend countless hours sending them out manually. Chargebee came in and helped automate the process, saving our team from spending unnecessary time and power and allowed us to focus on doing what we do best.”

Marketplace 

Automation is key to ensuring that modern billing systems are able to remain flexible and adaptable for businesses to succeed, especially for SaaS and subscription models, and is taking on a large role in Chargebee’s 2022 Spring Product Release.

Chargebee’s Marketplace enables businesses to build their billing systems on top of Chargebee, allowing for more and better integrations by connecting merchants with a wide catalog of available integrations to choose from. Marketplace improves integrations with other apps end-to-end, from discovery to sign-up, automating billing workflows and use cases.

Taxation and Revenue Recognition 

In addition to e-invoicing and Marketplace, Chargebee adds taxation and revenue recognition capabilities to handle real-time changes based on customer demands. Through automation, Chargebee is providing subscription businesses with a new way to sync billing information and improve an organization’s financial efficiency and enabling them to meet the growing list of compliance requirements, including Value-Added Tax (“VAT” in Europe) and Tax Deduction at Source (“TDS” in India).

Compliance

As Chargebee continues to support expansion into new and different geographies, customers need not worry about the growing list of regional and local compliances they will face. Chargebee is now certified as HIPAA compliant with the “Privacy Rule”, “Security Rule” and “Breach Notification” as per the HIPAA Portability and Accountability Act to support customers in the healthcare industry. In addition, Chargebee is also compliant with PCI and GDPR standards and adheres to ISO, SOC1, SOC2 and MFA standards.

Global Growth 

“Global and product expansion is a big part of Chargebee’s 2022-and-beyond roadmap, and we know that our customers are always looking to scale up, increase capabilities and enter new territories,” said John Pearce, Vice President of Product Management at Chargebee.  “There are tons of constantly changing rules and regulations that could inhibit growth, and our new offerings are designed to help our customers offload these concerns and focus on building and maintaining business.”

The Chargebee Spring 2022 Product Release full list of features includes:

• E-invoicing for India and the European Union
• Tax Withholding (TDS)
• Subscriptions Marketplace
• New Salesforce Integration UX
• GST Breakdown (Australia)
• Revenue Recognition through acquisition of RevLock
• Retention through acquisition of Brightback
• Receivables through acquisition of numberz
• HIPAA Compliance
• SOC-2 Compliance

These latest product enhancements come on the heels of a $250 million funding round that valued the company at $3.5 billion and was geared towards Chargebee’s global expansion. Recent acquisitions of Brightback (customer retention), RevLock (revenue recognition) and numberz (receivables) will also strengthen Chargebee’s offerings to enable end-to-end management of subscriptions and revenue data.

To learn more about Chargebee’s Spring 2022 Product Release, please visit https://www.chargebee.com/blog/spring-release-2022.

Penny Desatnik
Chargebee
penny@chargebee.com

Mexico has adopted the Codex international food safety authority’s specification for steviol glycosides

Rancho Santa Margarita, Calif., March 15, 2022 (GLOBE NEWSWIRE) — Sweegen’s entire Signature Bestevia® portfolio of nature-based sweeteners and sweetener systems is now accessible to brands in Mexico after the country’s food safety authority adopted the Codex Alimentarius (Codex) specifications for steviol glycosides produced by different technologies. This includes Sweegen’s bioconversion method for producing clean and non-GMO stevia sweeteners, such as Rebaudiosides B, D, E, I, M, and N. Codex is the international food safety organization under the auspices of the World Health Organization (WHO).

“Mexico’s Codex adoption is a step in the right direction for tackling obesity and diabetes in adults and children stemming from high sugar in products,” said Luca Giannone, senior vice president of global sales. “Streamlining the regulatory process for introducing new generation zero-calorie stevia sweeteners contributes to the improvement of overall health and wellness for consumers.”

Giannone further said, “We are eager to share with brands in Mexico our expertise and high-quality ingredients for creating great-tasting, better-for-you product innovations.” He said, “Our robust portfolio of Signature sweeteners and sweetener systems featuring our proprietary Bestevia products is unparalleled; it demonstrates our commitment to investing in new technologies for offering the very best natural sweeteners to brands for tackling the challenges of sugar reduction and replacement in the formulation of food and beverages.”

Adopting the rigorous Codex framework for stevia technologies provided a streamlined approach for reviewing and approving Sweegen’s clean and sustainable bioconversion process. This approval by Mexico will provide greater access to less common and better-tasting steviol glycosides at scale and a more sustainable supply of zero-calorie ingredients with a taste closest to sugar.

Before the adoption, Sweegen’s Rebaudiosides M and D were approved in Mexico through the standard regulatory process. The new regulatory development opens doors for Sweegen to introduce unique Signature sweetener systems to brands, in addition to its Rebs D and M, further expanding product developers’ sugar reduction toolkits.

“With more sugar reduction tools for brands to explore, they can rapidly develop great-tasting and healthy food and beverages, sparking and inspiring new innovations and product launches,” said Giannone.

Sweegen’s LATAM Innovation Studio is located in Mexico City and serves the entire region. It is one of many global creative centers home to product developers exploring sweet taste solutions, local consumer insights, and collaborating on new or reformulated products with Sweegen’s expert food and applications team.

“The Codex framework sets a good regulatory example on welcoming better ingredients for supporting health and wellness,” said Hadi Omrani, senior director of technical and regulatory affairs. “As more countries follow suit, Sweegen’s global stevia footprint will rapidly expand into more countries, providing brands better options in sugar reduction solutions where they are under government pressure, like Mexico, to produce healthy food and beverages.”

Obesity, diabetes, and associated diseases are prevalent in Mexico and are leading public health concerns. Adult obesity increased by 42.2% from 2000 to 2018. Childhood obesity is linked to high sugar consumption and saturated fats. In 2016, Mexico declared an epidemiological alert as a result of high rates of diabetes and obesity after a WHO report published in 2015 raised awareness on serious health issues and supported Mexico’s sugar tax on all nonalcoholic beverages with added sugar in 2014. UNICEF reports that Mexico is the largest consumer of ultra-processed products, including sugary drinks, in Latin American countries.

Mexico’s beverage sugar tax resulted in fewer people buying sodas, with an overall decline of just 7.6%. “Behavioral conditioning through a beverage tax only goes so far,” said Giannone. “Introducing better ingredients into the food and beverage space can breathe new life into product offerings and stimulate new trends, such as plant-based products or functional beverages.”

In 2020, food and beverage producers in Mexico felt more pressure by a government mandate to present new front-of-package labels warning consumers of excess calories, sugar, sodium, saturated fats, and trans-fats, as well as caffeine and artificial sweeteners.

With the Codex adoption, brands have new opportunities to connect with consumers by delivering a full sugar-like taste in food and beverages without the calories. This would be a significant advancement from several years ago when the first generation of stevia was introduced.

Unlike first-generation stevia sweeteners like Rebaudioside A, new generation rebaudiosides made by bioconversion produce clean new generation sweetener molecules like Rebaudiosides B, D, E, I, M, and N, which are originally found in small quantities in the stevia leaf. They impart a clean sugar-like taste with a better sensory profile and are highly sought-after by food and beverage manufacturers in countries with regulatory approvals.

“Brands in Mexico can look to Sweegen as a resource of expertise and as a committed partner for creating zero to low-calorie new product innovations that will delight consumers while supporting the country’s journey on health and wellness goals,” said Steven Chen, Sweegen’s chief executive officer. “We commend the food and safety authorities in Mexico for demonstrating leadership by taking action on adopting the Codex specification.”

About Sweegen

Sweegen provides sweet taste solutions for food and beverage manufacturers around the world.

We are on a mission to reduce the sugar and artificial sweeteners in our global diet.  Partnering with customers, we create delicious zero-sugar products that consumers love.  With the best next-generation stevia sweeteners in our portfolio, such as Bestevia® Rebs B, D, E, I, M, and N, along with our deep knowledge of flavor modulators and texturants, Sweegen delivers market-leading solutions that customers want and consumers prefer. Be well. Choose well.

For more information, please contact info@sweegen.com and visit Sweegen’s website, www.sweegen.com.

Cautionary Statement Concerning Forward-Looking Statements

This press release contains forward-looking statements, including, among other statements, statements regarding the future prospects for Reb M stevia leaf sweetener. These statements are based on current expectations but are subject to certain risks and uncertainties, many of which are difficult to predict and are beyond the control of Sweegen, Inc.

Relevant risks and uncertainties include those referenced in the historic filings of Sweegen, Inc. with the Securities and Exchange Commission. These risks and uncertainties could cause actual results to differ materially from those expressed in or implied by the forward-looking statements, and, therefore, should be carefully considered. Sweegen, Inc. assumes no obligation to update any forward-looking statements due to new information or future events or developments.

Attachments

• Chilled Mango Chili Beverage
• Grocery store aisle in Oaxaca Mexico 

Ana Arakelian
Sweegen
949.709.0583
ana.arakelian@sweegen.com

Sustainable hot melt adhesives resolve manufacturers from traditional hurdles in bonding

Bedford, Mass., March 15, 2022 (GLOBE NEWSWIRE) — A new era for adhesives has arrived for manufacturers seeking debondable structural adhesive solutions to avoid waste and save costs in manufacturing. Today, Conagen, the biotechnology innovator, announced the development of highly sought-after debondable hot melt adhesives made by high-performance materials from sustainable and natural bio-molecules.

“Conagen has solved the challenges manufacturers face in seeking strong structural adhesives that are long-lasting, perform strongly, and have the valuable option for breaking the adhesion before final finishing operations to deliver perfect products,” said J. McNamara, vice-president of chemical applications.

The advantages of high-strength debondable adhesives benefit multiple industries. For example, smartphones and electronics can be repaired effortlessly, and deconstructed at the end of their life without damaging components for recovery and recycling of valuable parts currently in land refills.

“Conagen’s patented debondable hot melt adhesive are incredibly stronger than what is used in the market now and can outperform petroleum-based products with a sustainable advantage that saves time, cost and reduces waste,” said McNamara.

McNamara further states, “The unexpected boost in performance comes from Conagen’s fermented ingredients already at full industrial scale.” And, “Conagen is open to discussing commercialization opportunities with manufacturers who are interested in a new era of performance materials.”

Adhesives offer many advantages in joining materials, including the ease of use compared to welding, sealing, distributing stress, and environmental resistance. Currently, manufacturers glue two pieces together and wait for a day to cure the bond. If there are imperfections in the bond, the glued products are thrown away because they cannot be unglued, resulting in time and material waste.

Today, most reactive hot melt adhesives rely on post-curing chemistry to develop adhesive strength. A downside to this approach is the curing process is irreversible and, as such, hinders or prevents de-bonding almost entirely.

While the ingredients of Conagen’s hot melt adhesives are commonly found in nature, to develop sustainable debondable adhesives, Conagen leverages its precision fermentation technology to engineer a synthetic pathway independent of plant source materials, creating more efficient and sustainable bio-based ingredients than what can be achieved with chemically-synthesized versions.

Conagen’s inspiration is self-healing materials, using sustainable and natural ingredients, turning them into high-strength debondable hot melt adhesives. “The process is as simple as cutting the plastic that reheals itself in less time than the conventional way,” said McNamara.

The Conagen adhesive is unique as it is a cross-linked material designed with reversibility in mind that exhibits the strength of traditionally cured adhesives with the added benefit of transitioning to a flowable material after heating.

Conagen’s debondable adhesive formulation is ideal for cars, boats, planes, transportation, consumer electronics and appliances, and military and industrial applications. And Adhesives in electric vehicles (EVs) are more widespread than conventional automobiles.

The adhesives market stood at $729.11 billion in 2019 and is projected to exhibit a CAGR of 5.3% between 2020 and 2027, making Conagen’s adhesive formulation lucrative in the original equipment manufacturers (OEM) market.

Conagen’s hallmark in the specialty and industrial space is discovering applications from the platform of natural bio-compounds and bio-materials for a new era of materials that are both high-performing and sustainable.

“Our adhesive formulation continues to show promise for bonding a wide array of materials, such as metal, plastic, and glass,” said McNamara. “We’re making it easier for companies to adopt a more natural position in manufacturing while staying true to the performance of their products.”

About Conagen

Conagen is a product-focused, synthetic biology R&D company with large-scale manufacturing service capabilities. Our scientists and engineers use the latest synthetic biology tools to develop high-quality, sustainable, nature-based products by precision fermentation and enzymatic bioconversion. We focus on the bioproduction of high-value ingredients for food, nutrition, flavors and fragrances, pharmaceutical, and renewable materials industries. www.conagen.com

Attachments

• Robotic hot melt adhesive
• Conagen develops sustainable debondable hot melt adhesive from natural ingredients.

Ana Arakelian
Conagen
+1.781.271.1588
ana.arakelian@conagen.com