Materia Announces Recent Product Development Success in Its Lanxess Partnership.PASADENA, Calif. -- Materia announced today recent product development success in its partnership with Lanxess Deutschland GmbH (formerly Bayer Material Science AG) in the field of nitrile rubbers. Two years ago, Materia licensed to Lanxess the use of certain Grubbs' Catalysts in the field of hydrogenated nitrile nitrile: see rubber. butadiene rubber (HNBR HNBR Hydrogenated Acrylonitrile-Butadiene Rubber ). Lanxess' management had quickly grasped metathesis' value in the development of novel rubber products providing robust resistance to heat, oil, and other demanding environmental conditions. Since the license's execution, Lanxess has rapidly developed and launched a line of HNBR rubbers called Therban(R) AT (http://www.therban.com). The new Therban(R) AT grades provide extremely low viscosity for easy processing, fast throughput, superior surface quality, low (or no) plasticizer requirements, reduced mold fouling, and high filler loads. The automotive, paper processing, and wire & cable industries have all utilized Therban(R) rubbers, and the AT line has recently been awarded the newly established DKG dkg abbr. dekagram Noun 1. dkg - 10 grams dag, decagram, dekagram metric weight unit, weight unit - a decimal unit of weight based on the gram Award honoring outstanding innovations in the rubber industry. "We congratulate the technical and business teams at Lanxess for their achievement and we are pleased that our platform technology has been successfully commercialized in this challenging application," stated Dr. Michael A. Giardello, Materia's CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and CTO (Chief Technical Officer) The executive responsible for the technical direction of an organization. See CIO and salary survey. . "This success underscores the potential impact of Grubbs' Catalyst technology in what we believe to be the first example of catalyst-based performance enhancements for the rubber industry." About Materia Materia was founded in 1998 to commercialize olefin metathesis catalyst technology. This market-enabling, Nobel Prize winning, green chemical technology enables chemical compounds to be synthesized with greater efficiency, under less stringent reaction conditions, and with reduced byproducts and hazardous waste. As stated by the Royal Swedish Academy of Sciences The Royal Swedish Academy of Sciences or Kungliga Vetenskapsakademien is one of the Royal Academies of Sweden. The Academy is an independent, non-governmental scientific organization which acts to promote the sciences, primarily the natural sciences and mathematics. when awarding the 2005 Nobel Prize, "metathesis metathesis /me·tath·e·sis/ (me-tath´e-sis) 1. artificial transfer of a morbid process. 2. a chemical reaction in which an element or radical in one compound exchanges places with another element or radical in is an example of how important basic science has been applied for the benefit of man, society, and the environment." |
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