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Carlsbad-based Verdezyne, the developer of renewable chemical technology which is backed by BP Alternative Energy Ventures, DSM Venturing B.V., OVP Venture Partners and Monitor Ventures, has just signed a company in the polymer fiber business. According to Verdezyne, it is in a strategic relationship with Universal Fiber Systems, LLC, a provider of carpet and apparel yarns used in commercial carpets and apparel fabrics. Verdezyne said it will supply its bio-based products to Universal Fiber Systems. Financial details of the deal were not announced.
posted on Monday, December 10, 2012

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Verdezyne

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