MuCell Extrusion has concluded an agreement with Styron to acquire access to Styron’s portfolio for extrusion of Styrenic resins. With the agreement, MuCell and its customers get exclusive rights to the Styron patents related to sheet technology for a wide range of applications.
According to Styron, the agreement creates an important strategic alliance between both the US-based companies in the development and application of physical blowing agents to produce foamed products.
By applying Styron's CO2RE technology, sheet for thermoforming, FFS, roll stock, paneling and high volume packaging will all see significant cost reductions. The technology provides advantages in reduced energy and reduced raw material usage, as well as lower packaging waste disposable tax in the EU.
Styron Styrenics global marketing manager John Case said CO2RE is a patented plastic foaming technology that produces polystyrene sheets with a foamed core layer using physical blowing agents.
"The technology provides a good opportunity for the packaging market, where for example dairy and food service industries can improve their sustainability by reducing the density and weight of their product packaging," Case said.
Earlier in 2012, Dow Chemical and MuCell reached signed agreement for MuCell to acquire rights to Dow's patent portfolio for flat sheet resin technology, and recently Dow's patents for foam film technology.
