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Huntsman and Polinvent agreement to add value through adducts
19-04-2012: The Polyurethanes division of Huntsman has signed a cooperation agreement with Budapest-based Polinvent – a research-intensive enterprise that has recently developed and patented a range of novel amine-epoxy adducts. Together, the two companies will explore the benefits that can be derived from incorporating Polinvent adducts into polyurethane and polyurea coatings as well as other adhesive and elastomer products.
Under the terms of the cooperation – which covers research, development, manufacture, trade and intellectual property rights – Huntsman will have exclusive access to Polinvent adducts for an initial three year period. During this time, the two companies will seek out new application opportunities and create new adducts for industrialization.
Ian Rimmer, Commercial Coatings Manager Europe, at Huntsman Polyurethanes, said: “Our cooperation with Polinvent is a mutually beneficial arrangement. Polinvent was looking for a global trade partner that could make use of its adduct technology, while we are always on the look out for sustainable, innovative solutions that can help us differentiate our products and improve our competitiveness. We look forward to utilizing Polinvent’s existing adducts across our global manufacturing and supply network, and to developing new amine-epoxy adducts in cooperation with their highly skilled chemists.”
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