11th Sep 2023 13:44
(Alliance News) - Graft Polymer (UK) PLC on Monday said it will collaborate with the Slovenian Faculty of Polymer Technology to research and produce vitrimer polymer products.
The London-based company focused on the development and production of polymer modification, biological supplements, and nano-drug delivery systems will provide FTPO with materials which will enable it to take part in a number of research and development projects in the EU.
Graft said vitrimers are "the most dynamic innovation in the polymer industry and a clear step beyond the traditional division of polymers into thermoplastics and thermosets." It added that each of those two classes of polymer has "drawbacks in terms of cost, flexibility, product degradation, emission of toxic by-products and inability to be recycled."
The company said that the partnership is "the perfect conduit" for it to launch its Graftamer products onto the global polymer market.
The collaboration is set to last for a year.
Graft Chief Executive Officer & Chief Technology Officer Victor Bolduev commented: "This new agreement is further evidence of our market leading, pioneering technological edge in [research & development] in the polymer modification field and comes in the wake of a dynamic summer with several new agreements and contracts signed. It will allow us to leverage our recently commissioned bespoke production equipment site in Slovenia which is the engine room of our R&D proposition to customers".
Shares in Graft were up 1.6% at 2.54 pence each in London on Monday afternoon.
By Sabrina Penty, Alliance News reporter
Comments and questions to [email protected]
Copyright 2023 Alliance News Ltd. All Rights Reserved.