Altuglas International, a subsidiary of Arkema group, with its Plexiglas and Altuglas acrylic resins and NatureWorks, a leader in the bio-plastics market with its Ingeo biopolymers derived from plants, have signed a global co-marketing agreement. The agreement is designed to deliver a range of newly formulated bio-based, high performance alloys based on polymethylmethacrylate and Ingeo.
The new materials will be marketed by Altuglas International as Plexiglas/Altuglas Rnew biopolymer alloys. Primary co-marketing efforts for these materials will be for durable goods applications, where the Plexiglas/Altuglas brand is synonymous with high performance, durability and clarity.
The agreement grew out of the overwhelming response the two companies experienced during the US National Plastics Exposition (NPE) last April, during which they jointly displayed examples of molded and thermoformed products made with their collaborative technologies for the durable goods market.
This unique range of resins affords customizable formulating latitude providing exceptional impact- and chemical-resistance properties. In addition, the resins offer a significantly reduced carbon footprint due to the Ingeo biopolymer content. These biopolymer alloys also feature lower processing temperatures and greater melt flow properties without compromising the optics, scratch resistance, color acceptance or surface aesthetics for which the Plexiglas and Altuglas brands are known.
The collaboration offers a compelling combination of properties designed to open new doors in the market, including significant opportunities for durable applications such as signage, lighting, consumer products, transportation, cosmetic packaging and large and small appliances.
“What makes this agreement so exciting is that two renowned, pioneering organizations are joining forces to combine some of the best in technology and market knowledge to foster new, high performing, yet sustainable, bio-based products,” said Christophe Villain, Altuglas International president. “The agreement between these two leading companies will provide transparent, sustainable materials that meet durable application performance requirements. Altuglas International will compound and sell the Plexiglas/Altuglas Rnew portfolio, incorporating Ingeo, directly into the market.”
Marc Verbruggen, NatureWorks president and chief executive officer said, “By combining our respective reputations and strengths in biopolymers and acrylics, NatureWorks and Altuglas International will co-market clear materials that offer a complete package of innovative product performance. This is exactly what Ingeo was designed to offer.”
Through the collaboration, Altuglas International and NatureWorks will pool resources to accelerate the introduction of these new high performance biopolymer alloys into the market.