Novomer to Open New Innovation Center in Rochester, N.Y.

Expanded Product Development Facility to Meet Growing Demands
of Bio-Based Chemicals Business

BOSTON–(BUSINESS WIRE)–Novomer Inc., an industry-leading sustainable chemicals company, has
announced plans to open a new innovation center in Rochester, N.Y. The
facility – named the “Novomer Innovation Center” – is designed to meet
the expanding demands of the company’s growing bio-based chemicals
business.

All equipment, production assets, and employees will be transferred from
the existing product development and pilot operations location to the
new 26,000 sq ft facility. Novomer will occupy the leased space in
December where it is currently undertaking significant renovations and
improvements. The larger facility will house technology research,
product development activities, and a COEth™ Process demonstration unit
to make customer samples for a variety of products. “The space provides
room for collaboration and the capability to manufacture products at a
larger scale to better service our development efforts and customer
needs,” according to Jim Mahoney, CEO of Novomer.

“This move reflects our rapid growth which has resulted in the need for
additional space to develop new innovative products, meet customer
demands for product testing, and collaborate with partners,” explained
Mahoney. The location, just minutes from the Greater Rochester
International Airport, will also be more convenient for partners,
customers, and vendors to visit Novomer’s technical facilities. Novomer
is expected to employ about 60 chemists, engineers, lab technicians, and
other personnel at the new facility.

In July, Novomer announced the relocation of its headquarters to One
Bowdoin Square in Boston. In addition to corporate offices, the new
headquarters space will house business development and global project
management activities.

Novomer is commercializing a family of competitively priced bio-based
chemicals and high-performance polymers from ethanol and low-cost carbon
monoxide. With its proprietary catalyst and process technology, the
Novomer COEth Process enables these renewable feedstocks to be cost
competitively transformed into chemical building blocks for a wide
variety of industrial products and applications bringing Sustainability
to the ManyTM.

Effective in early 2018, the new address of the Novomer Innovation
Center will be 297 Buell Road, Rochester, N.Y. 14624.

About Novomer

Novomer Inc. is commercializing a family of high-performance,
cost-effective, environmentally responsible polymers and chemicals based
on proprietary catalyst technology. The company’s synthetic chemistry
technology allows bio-based feedstocks such as ethanol to be combined
with carbon monoxide to cost effectively produce chemicals and
performance materials for a wide variety of industrial applications.
Visit www.novomer.com.

Contacts

J. Grande communications Inc.
Joseph Grande, 413-684-2463
[email protected]