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PolyOne and Nanocor form Strategic Alliance

13 January 2003

PolyOne Corporation and Nanocor Inc have formed a strategic alliance to manufacture and market nanocomposites made from polyolefin, polyvinyl chloride and related polymers.

PolyOne will manufacture and market nanoclay concentrates and composites, using Nanocor's products and technology. This technology promotes the inclusion of nanometer-sized clays in plastics, yielding a number of synergistic properties and attributes that were previously difficult to achieve.

Nanocomposites are a new class of plastic compounds created by the combination of nanoclays with neat, compounded or blended polymers. They can be made by a multitude of processing technologies including injection molding, extrusion molding, blow molding, extrusion and film casting. Nanoclays are nanometer-sized clay particles. A nanometer is one-billionth of a meter in length, or roughly one-ten thousandth the diameter of a human hair.

Nanocomposite technology principally improves stiffness, fire resistance and gas barrier at lower weight than traditional additives. Nanocomposites also promote greater heat stability and electrical dissipation. The PolyOne/Nanocor alliance initially will focus on the strength and fire- resistant properties of polyolefin plastics and related polymers such as EVA, TPE, EPDM and nitriles.

""Both PolyOne and Nanocor took an active interest in nanotechnology during the early market stages,"" said Peter Maul, Nanocor president. ""But what's most exciting for us is that PolyOne's level of applications expertise is second to none and complements Nanocor's strengths so well. Together, our companies can accomplish more much faster than either of us working independently. PolyOne brings great process expertise and a dimension of scale that is critical to establish nanocomposites in this large-volume market.""

In addition to manufacturing and sales activities, the alliance will combine the research and development resources of the respective parties to create new product variations with improved performance. Development work will take place at PolyOne's Solution Center in Avon Lake, Ohio, and Nanocor's Development Laboratories in Arlington Heights, Ill.






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