Gurit to License Green PET Technology from Armacell
Gurit has signed a licensing contract with Armacell, under which it will be granted a global license for the patented ArmaFORM PET GR technology until the expiry of the patent rights.
The ArmaFORM PET GR foam core technology enables manufacturing of extruded PET foam from 100% recycled (post-consumer) PET materials. The patented technology supports customers in their endeavours to increase usage of sustainable composite materials.
“The combination of the PET capacity and technology that we have acquired in Volpiano, Italy, at the end of 2016 paired with Gurit’s existing production and the new licensing contract for the Armacell foam technology represents a major step forward in our offering to our global customer base,” says Rudolf Hadorn, CEO of Gurit.
“As the inventors of the ArmaFORM PET GR technology, we have been able to provide a unique product range to customers across the globe,” comments Bart Janssen, Vice President Engineered Foams of Armacell. “We are happy to see Gurit utilise our technology thereby increasing Armacell’s contribution to a greener tomorrow.”
Published: 25th July 2018