(CNN Money, March 30, 2010) Novomer Inc., a sustainable materials company pioneering a family of high-performance plastics, polymers and other chemicals from renewable feedstocks such as carbon dioxide (CO2), today announced it has been awarded $2.1M in the first phase of a potential $25 million federal stimulus grant for sustainable materials production from the U.S. Department of Energy (DOE). Leveraging Novomer’s patented catalyst technology — developed at Cornell University — Novomer will produce sustainable polymers and polyols using waste CO2 as a primary raw material. Novomer has partnered with Praxair to supply the required repurposed CO2 and Kodak Specialty Chemicals, a unit of Eastman Kodak to support polymer process development and scale-up. At the end of the project, in addition to enabling commercial-scale manufacturing capabilities for sustainable materials with several contract manufacturers, it is expected that several products will be customer qualified requiring commercial scale production of PPC polymers on a global basis. Click here to read more…