Achievements and Discoveries

Provivi and XiMo Hungary kft announce a Strategic Agreement.

The partnership results in lower costs and more sustainable chemical processes to create pheromone-based products for crop protection.

Santa Monica, California, and Budapest, Hungary, February 21st, 2024.

Provivi® Inc., a leading provider of crop protection solutions using pheromone technology as the foundation of an integrated and sustainable pest management system, and XiMo Hungary kft, a Verbio SE subsidiary and notable developer and producer of metathesis catalysts, are thrilled to announce a development, sales, and licensing agreement. The agreement grants Provivi an exclusive license to all catalysts under XiMo’s IP in pheromone production for agriculture, commercial, household, and public health pest management. XiMo receives license payments under this agreement and produces the metathesis catalysts at scale. In addition, XiMo is currently constructing a dedicated production facility for tons of Schrock-type and other metathesis catalysts, which is planned to be in commission in 2025, opening many new application areas for cost-effective XiMo catalysts.

Provivi, having won the United States Environmental Protection Agency’s Green Chemistry Challenge Award in the Small Business Category in 2022, continues paving the way for more sustainable practices in agriculture and pest control. Provivi and XiMo’s shared commitment to sustainability ushers in a new era of biologicals with an upgraded and improved collection of value-added products led by Provivi’s vision and supported by XiMo’s catalyst technology.

“Our agreement with XiMo is an important component of our dedication to maintaining a leading and influential position in the AgTech industry, not only today but well into the future, as we continue to simplify processes and develop more sustainable pathways in pheromone-based crop protection products,” said Pedro Coelho, Provivi Co-Founder, and CEO. “The tactical alignment in methods and resources between Provivi and XiMo enables us to remain agile while driving success to achieve our strategic objectives.”

“Our fruitful cooperation with Provivi shows once more the applicability of our technology and the industrial relevance of XiMo’s metathesis catalysts. Together with our customers, we disseminate our specific metathesis technology and enable the industrial use in various fields, from pheromones to fragrances to polymers and renewable chemicals for specialties. In the future, Provivi and our other customers will profit from our production capacity expansion, enabling us to serve the market with ton scale of metathesis catalyst at a competitive price.” said Andreas Kohl, Managing Director XiMo.

The production of pheromones utilizes plant oils and combines Provivi’s pheromones synthesis technology with XiMo’s metathesis catalyst technology. Provivi has the capacity to produce tens of tons of pheromones to target and control pests such as fall armyworm, oriental fruit moth, and European grapevine moth.

About Provivi:

Provivi is a groundbreaking science-based company creating scalable, safer insect control technology that will improve the quality of life for all humans and our world.

Provivi is developing the Pheron® family of safe, effective, and economical pheromone-based mating disruption products, thereby offering an alternative technology as a new foundation for pest and resistance management in crop production. Provivi's patented production method enables a step-change in the cost of manufacturing pheromones, allowing the use of this proven tool in high-acreage crops such as corn, rice, and soy.

For more information about Provivi, please visit www.Provivi.com.

About XiMo:

XiMo Hungary Kft. is the world-leading, independent, expert company on olefin metathesis catalysts.

XiMo specializes in the development of industrially applicable metathesis catalysts and processes. A broad, IP-protected portfolio of complex, stereoselective Mo, W, and Ru metathesis catalyst systems, from gram to commercial-scale quantities, is offered to the market by XiMo. XiMo holds exclusive rights to the entire patent portfolio covering the Schrock/Hoveyda molybdenum, tungsten, and ruthenium-based metathesis technologies. Together with our customers, XiMo disseminates this proprietary technology. As a wholly owned subsidiary of Verbio SE, Germany, Ximo focuses on metathesis catalysts and their application on renewable feedstock, chemicals, and polymers for markets like flavors and fragrances, agriculture, polymers, pharmaceuticals, and specialty chemicals.

For more information on XiMo, please visit www.ximo-inc.com.

 

Media Contact

Paulina Molo, Marketing Head, pmolo@provivi.com

Andreas Kohl, Managing Director XiMo, info[at]ximo-inc.com

 

 

Olefin Metathesis Highlights

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Contact

XiMo Hungary Kft.
Berlini Park Building No. 5
Berlini utca 47-49.
H-1045 Budapest


Levente Ondi, Managing Director, Technology


Ximo Hungary Kft.