PolyOne and Noveon Create Alliance to Market Innovative ESD Compounds for Electronics Industry

17-Feb-2003

PolyOne Corporation and Noveon, Inc. have created an alliance to develop and distribute a line of Electrostatic Dissipative (ESD) compounds for the electronics industry. This agreement provides electronics manufacturers and molders with a supply base that draws on more than 20 years of combined experience in worldwide ESD compound development and manufacturing. The arrangement provides for PolyOne to distribute Noveon's Stat-Rite(R) inherently dissipative polymer (IDP) alloy products for business equipment, telecommunications and medical applications. In addition, it gives Noveon's Static Control business unit the exclusive rights to market and distribute PolyOne's existing and emerging Stat-Tech(TM) line of electrically conductive products for hard disk drive, semiconductor, and electronics packaging and handling applications. Also, Noveon will utilize PolyOne's manufacturing capabilities in Asia, Europe and North America to meet customer requirements.

The alliance creates a complementary product line that includes Stat- Rite(R) IDP alloys and Stat-Tech(TM) electrically conductive compounds, compounds for injection molding and sheet for thermoforming, as well as a broad ESD technology base including carbon powder, carbon fiber, stainless steel fiber, carbon nanotubes and IDP alloys. Further, the Noveon-PolyOne alliance provides electronics manufacturers with more manufacturing flexibility, enhanced worldwide customer service, increased efficiencies and a renewed focus on developing new products for ESD applications. The companies plan to coordinate research and development efforts to expand ESD applications and develop more innovative ESD compounds.

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