POLAR MOLECULAR CORP. ANNOUNCES AGREEMENT WITH THE DOW CHEMICAL CO.
POLAR MOLECULAR CORP. ANNOUNCES AGREEMENT WITH THE DOW CHEMICAL CO. SAGINAW, Mich., Feb. 3 /PRNewswire/ -- Polar Molecular Corporation (PMC) (OTC: PMCX) announced that The Dow Chemical Company (NYSE: DOW) of Midland, Mich., has signed an option to license fuel additive technology developed by PMC. During the option period, Dow will assess the opportunities for this technology in the U.S. and certain overseas markets. As part of the agreement, Dow Chemical receives an option to acquire certain "Know-How" and licensing rights. Under specific test conditions, the PMC technology has demonstrated an ability to control combustion chamber deposits, and to reduce the octane requirement increase (ORI) which occurs in automobiles as they age. -0- 2/3/92 /CONTACT: Mark L. Nelson of Polar Molecular Corporation, 517-790-4764/ (PMCX DOW) CO: Polar Molecular Corporation; The Dow Chemical Company ST: Michigan IN: CHM SU: LIC
ML -- DE002 -- 5987 02/03/92 08:31 EST
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|Date:||Feb 3, 1992|
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