17 August 2001
17 August 2001
USTech Materials Corporation will commence its composite resin manufacturing, R&D and customer support operations with the Institute for Environmental and Industrial Science (IEIS) at Southwest Texas University.
Innovative Holdings & Technologies’ USTech Materials Corporation subsidiary was recently granted a worldwide licensing agreement with Ashland, Inc. for the PolyEther Amide Resin (PEAR) high performance resin system. According to Dr. Joseph H. Koo, ScD, Director of IEIS, "We will be assisting USTM with PEAR resin R&D/product development, product sampling and technical support. IEIS will also manufacture specialized commercial quantities of PEAR. Since we have past experience with the development of PEAR, we can effectively assist USTM to deliver PEAR to potential customers within targeted markets."
"Dr. Koo and IEIS bring extensive experience in resin development for polymer matrix composites, and will provide the manufacturing, customer support and R&D base to assist USTM in the ongoing development of the PEAR high performance resin system," said Helmut Wyzisk, Chairman & President of Innovative Holdings & Technologies, Inc. "Dr. Koo and his associates will be invaluable in the critical role of assisting USTM in identifying the most effective and profitable applications for PEAR." PEAR high performance resins represent a new generation of advanced polymer resins that show promise as superior replacements for traditional, and more costly, fabricating materials. It has many potential applications within industries such as aerospace, automotive, oil & gas, electronic, electrical and sports equipment.