12.12.11
P2 Science is a newly formed company that will use patent pending technology from the Yale Center for Green Chemistry and Green Engineering to develop and manufacture a new class of high performance surfactants, C-glycosides (CGs).
CGs will find application in a range of consumer and industrial products such as detergents, personal care products, cosmetics, lubricants, hard-surface cleaners, emulsion polymers, mining and oilfield chemicals and many other areas. The new surfactants are mild in use, stable, customizable and manufactured in low energy intensive conditions.
Patrick Foley, the lead Yale inventor in the c-glycoside field, is the company's chief scientific officer and Neil Burns, an executive with 20 years experience in the surfactant industry, is the company’s founding CEO.
P2 has set up a laboratory in New Haven to continue development of the initial surfactant product range and has commenced discussions with potential partners and customers in a number of key end-use markets. A detailed introduction of the novel technology was made at the recently concluded Society of Cosmetic Chemists (SCC) Annual Meeting in New York City.
Elm Street Ventures, an early stage venture capital firm based in New Haven, with a successful history of building businesses around Yale University technology, has provided financing the formation of the company. The Yale Center for Green Chemistry and Green Engineering has a mission to advance sustainability by catalyzing the effectiveness of the Green Chemistry and Green Engineering community.
Neil Burns is currently managing partner of Neil A Burns LLC, an investment and advisory firm with a focus in surfactants and oleochemicals.
More info: Neil Burns, CEO P2 Science, Inc. (732) 303-7164