Borealis and Novolen announce a license agreement allowing Novolen’s metallocene single-site polypropylene (PP) technology rights to be available to Borealis.
Borealis and Novolen announced today 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 polymerization catalysts to produce Borealis metallocene PP solutions.
In addition, both parties have entered into joint development agreement to further develop metallocene single-site polymerization catalysts for use in bulk PP polymerization processes. Both companies are strongly committed to innovation and play a leading role in the plastics industry.
"This cooperation agreement proves our commitment to delivering added value to our customers by investing in innovation. The development of new metallocene catalysts will bring new tailored PP solutions to our customers. They will benefit from the excellent processability of our Borstar® proprietary multi-modal technology in combination with the product properties of single-site polymers," said Wim Roels, Vice President Innovation & Technology, Borealis.
"The joint development alliance with Borealis - in combination with the licensing of Novolen's metallocene single-site rights - marks the beginning of a new era of single-site PP commercialisation. Novolen has continuously been working to maintain a leading position in PP metallocene catalyst technology to globally offer attractive license packages to all PP producers who have an interest in upgrading their product slate," said Dr. Godofredo Follmer, Vice President Novolen Technology Division, ABB Lummus Global.
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.
Borstar is a registered trademark of Borealis A/S.
* Metallocene complexes are the active components in polymerization catalysts.
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Borealis and Borouge are leading providers of innovative, value creating plastics solutions. With more than 40 years of experience in polyolefins and using our unique Borstar® technology, we focus on the infrastructure, automotive and advanced packaging markets across Europe, the Middle East and Asia. Our production facilities, innovation centres and service centres work with customers in more than 170 countries to provide the materials that make an essential contribution to society and sustainable development. We are committed to the principles of Responsible Care® and to leading the way in 'Shaping the Future with Plastics'™.
For more information on Borealis and Borouge, a joint venture between Borealis and the Abu Dhabi National Oil Company, visit www.borealisgroup.com and www.borouge.com.
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