Univation Technologies has reached a licensing
agreement with
Atofina, headquartered in Paris, France that includes the UNIPOL PE
Gas-Phase Process and EXXPOL metallocene technology.
Under the terms, ATOFINA can apply the metallocene license to its existing and future
UNIPOL PE gas-phase plants, which will be able to produce linear-low and high-density
polyethylenes made from EXXPOL metallocene catalysts. In addition, Univation licensed
certain ATOFINA patents for use in gas-phase and slurry production of metallocene PE, and
ATOFINA licensed from Univation certain patents for use in slurry production of metallocene
PE.
"ATOFINA is very pleased to have access to this leading gas-phase and EXXPOL
metallocene technologies," said Carl Van Camp, ATOFINA's Global
polyethylene Vice
President. "We consider this deal to be very complementary to our own developments in
metallocene and slurry double loop technology. Increasingly, our customers are demanding
more sophisticated products, and these modern technologies will sharpen our competitive
advantage with an expanded portfolio."
Gregory McPike, Univation's CEO and President, said, "this agreement validates the
strength of Univation's metallocene technology and intellectual property assets. In the
marketplace, now ATOFINA, in addition to CIPEN, will be able to use EXXPOL
metallocene technology to produce and market significantly higher value-added products for
use by their customers."