29 March 2011 16:21 [Source: ICIS news]
TORONTO (ICIS)--Dow Chemical has licensed its newly developed brominated polymeric flame retardant, Polymeric FR, to Chemtura, the US-based chemical firms said on Tuesday.
Under the deal, Chemtura will be the first company allowed to produce and sell the product for use in extruded polystyrene (XPS) and expanded polystyrene (EPS) foam insulation application, they said without disclosing volume or financial terms.
Dow's Building Solutions business said Polymeric FR is expected to be the “next generation industry standard” flame retardant, replacing hexabromocyclododecane (HBCD).
US and European regulators are moving to restrict the use of HBCD, and will potentially ban its production.
Dow said it is in talks with other interested licencee. The licencees are expected to start constructing a large Polymeric FR plant next year to supply commercial volumes of the product by 2013-2015.
Such a plant would allow the global polystyrene foam insulation industry to make a smooth transition to Polymeric FR, Dow said.
Chemtura said it is moving ahead with “significant capital investment” into a full-scale manufacturing facility for Polymeric FR. It did not disclose capacity or financial details.
However, it would likely take several years for the industry to fully convert to the new product, Chemtura added.
For more on Dow, Chemtura and other producers visit ICIS company intelligence
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