PARIS -- Imerys S.A., based in Paris, France, and Omya AG, based in Oftringen, Switzerland, announced that they have entered into exclusive negotiations to form a 50:50 technology joint venture to promote the research and development of Micro Fibrillated Cellulose (MFC), concerning a variety of applications and industries.

The venture will combine the FiberLeanTM and Omya's MFC technology platforms developed by each company into one entity, henceforth to be known as FiberLeanTM Technologies.