RCS - Arxada AG - Arxada and Novoset Agree Global License

Lonza AGAnnouncement

03/05/2022 08:15

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RNS Number : 9843J  Arxada AG  03 May 2022

Arxada and Novoset Agree Global License to Develop Next-Generation Composite
Materials

 

·    Arxada to develop, manufacture and commercialize Novoset's
IP-protected novel hydrocarbon resin system

·    Expands Arxada's existing composite materials capabilities for
telecommunications to include 5G and other applications

 

Basel, Switzerland and Peapack, New Jersey, USA - 3 May 2022 - Arxada, a
global leader in specialty chemicals, and Novoset LLC, a technology and
process driven "system solution" thermoset polymer material company, announce
the signing of an exclusive license agreement for the production and sale of a
next-generation hydrocarbon-based resin system for telecommunications and
advanced semiconductor packaging. Under the terms of the agreement, Arxada
will develop, manufacture and commercialize the resin system developed by
Novoset.

 

The technology will be developed by Arxada's Composite Materials unit, part of
its Specialty Products Solutions ('SPS') business. The new resin system will
serve several markets including the growing 5G telecommunications segment. It
will be added to Arxada's Primaset® range of high-performance thermoset
resins for the telecommunication infrastructure and advanced semiconductor
packaging industries, building on the success of its existing products for 3G
and 4G electronic applications.

 

Antje Gerber, President, Specialty Products Solutions, said:

"This collaboration with Novoset aligns with our strategy of designing and
developing solutions for products of the future to address our customers'
needs. The addition of this new hydrocarbon resin system to our Composite
Materials portfolio will further enhance our Primaset® range, leveraging our
existing development and innovation capabilities to expand into highly
desirable markets, including the rapidly growing 5G telecommunications
market."

 

Dr. Sajal Das, Chief Executive Officer of Novoset, LLC, added:

"We are pleased to be collaborating with Arxada to develop our innovative
proprietary technology. This agreement will enable us to leverage Arxada's
process development and production capabilities and broad commercial
infrastructure to realize the full potential of this new technology. In
addition, a new class of catalyst technology has been developed for these
products, which are suitable both for conventional and advanced composite
manufacturing methods."

 

The new Primaset® HC-100 and HC-200 resin systems will provide superior
dielectric performance, high temperature resistance and ultra-low moisture
absorption compared to existing Arxada products, improving mechanical
performance and process engineering. The products will be developed and
manufactured in Arxada's world class facility in Visp, Switzerland. Arxada is
currently developing the products and plans to begin sampling to customers in
Q2 2022.

 

Arxada's Composite Materials unit is a well-established supplier and materials
provider to the electronics, industrial and transportation end markets,
developing the next generation of performance materials. The Company's
Primaset® resins are a novel class of high-performance thermoset resins used
in advanced composite materials for aerospace, space, automotive and
industrial applications. The products have high thermal stability and strong
mechanical properties, enabling them to withstand harsh conditions and
maintain high performance over their full lifespan.

 

The collaboration is the fourth between Novoset and Arxada since 2011. Novoset
has a long history of successful collaboration with Arxada's Composite
Materials unit as an innovation and marketing partner in cyanate esters and
other products. Some of those products are used in applications including
mobile technology, Formula 1 cars, space vehicle heat shields and structures,
air-ducting and enterprise servers in data center applications.

 

- ENDS -

 

Media Enquiries

 Arxada                                                                      FTI Consulting

 Birgit Gronkowski

                                                                           Ann Bartling/Rob Winder
 Head of Communications

                                                                           Tel: +44 20 3727 1000
 Tel: +41 61 316 8111

                                                                           Email: Arxada@fticonsulting.com (mailto:Arxada@fticonsulting.com)
 Email: birgit.gronkowski@arxada.com (mailto:birgit.gronkowski@arxada.com)

 Novoset

 Noemi Cservenka

 Manager of Communications

 Tel:+1-908-470-4200

 Email: usa@novoset.com (mailto:usa@novoset.com)

 

About Arxada

Arxada, formerly part of Lonza Group, is a global specialty chemicals business
with a world-class offering in Consumer Microbial Control ('CMC'), Industrial
Microbial Control ('IMC') and Specialty Products Solutions ('SPS'). Arxada
provides a broad portfolio of differentiated products targeted at a range of
end markets, supported by its leading regulatory capabilities, IP expertise
and established track record in R&D.

 

Arxada's CMC business targets five end markets: Hygiene, Home and Personal
Care, Wood Protection, Crop Protection, and Food, Beverage and Water, while
IMC focuses on Paints and Coatings and Material Protection. Both businesses
build on superior regulatory expertise, the broadest set of antimicrobial
agents and the widest range of registrations in the world, which are critical
to maintaining the integrity of their customers' products.

 

SPS provides complex, high-quality technologies and chemistries to customers
across a range of industries within its three business lines: Performance
Intermediates and Chemicals, Composite Materials and the Custom Development
and Manufacturing Organization.

 

The three businesses work closely together to provide complementary expertise
and deliver unique, innovative solutions to help customers protect their
products from harmful microorganisms, improve health and safety and reduce
their environmental footprints.

 

Arxada has a global footprint spanning 26 production sites and 17 R&D
centers, with a world-leading team of 3,800 employees serving customers across
a wide range of industries.

 

Arxada is owned by Bain Capital Private Equity and Cinven.

To learn more about Arxada, please visit: arxada.com (https://www.arxada.com/)
and Arxada on LinkedIn (https://www.linkedin.com/company/arxada/) .

 

About Novoset, LLC

Novoset, LLC was established in 2011 operating from Peapack and Berkeley
Heights, New Jersey locations as an Advanced Material Company to support
high-end electronic, space, aerospace, and defense industries. Novoset, LLC
has been collaborating with leading global chemical and parts manufacturing
partners creating value for the customers. It is also manufacturing and
marketing disruptive technologies such as 3D printing materials for industrial
and life science applications.

 

Further information can be found at www.novoset.com (http://www.novoset.com) .

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