Borealis and Novolen enter into license agreement and will jointly develop metallocene single-site polymerisation catalysts
Borealis and Novolen announced that they have entered into a license agreement allowing Novolen's metallocene single-site polypropylene (PP) technology rights to be available to Borealis. This agreement grants Borealis access to Novolen's metallocene PP patent rights to manufacture single-site polymerisation catalysts to produce Borealis metallocene PP solutions. In addition, both parties have entered into joint development agreement to further develop metallocene single-site polymerisation catalysts for use in bulk PP polymerisation processes. Both companies are strongly committed to innovation and play a leading role in the plastics industry.
Borealis has been successful in researching and developing catalysts and process technology for PP polymerisation. Its catalyst research is focused on ensuring the commercial success of Borealis Borstar technology for the development of sophisticated on-demand customer solutions.
Novolen has developed a new generation of high performance metallocene catalysts for the production of a comprehensive range of homopolymer and copolymer products available for immediate license.
Other news from the department business & finance
