A. Schulman, nanoSEC enter joint development agreement

13-Mar-09
A. Schulman, Inc. and nanoScience Engineering Corporation (nanoSEC) have recently entered into a joint development agreement for the purpose of incorporating nanoSEC's nanocomposites in various polymer products produced by A. Schulman. The agreement combines nanoSEC's proprietary technologies in advanced nanomaterials with A. Schulman's expertise in formulation and production of plastic compounds and resins. nanoSEC's technology is specifically designed to improve barrier properties, increase strength, and improve heat and flame resistance of polymers. A. Schulman's technical teams in Europe and the Americas are currently assessing nanotechnology-based products for use in durable goods used in hand tools and transportation applications as well as high-performance agricultural and packaging films. This will enables the two companies to develop new products and applications for nanocomposites, which are created by introducing very narrow (nano) particles into a matrix of standard material such as a polymer, resulting in dramatic improvements in selected properties.
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