Dow Develops Polymeric Flame Retardant Technology
DGTL also announced the first license agreement with Chemtura Corp. This first license agreement makes it possible for Great Lakes Solutions, a Chemtura business, to produce and sell the newly developed Polymeric FR for use in XPS and EPS foam. DGTL is currently engaged in advanced licensing discussions with several other interested companies and expects to finalize these agreements by the end of the year. DGTL expects this will enable global supply security, foster market competition and help facilitate a smooth industry conversion to the new technology as EPS and XPS manufacturers adopt Polymeric FR, thereby becoming the new global standard.
To enable formulation optimizations and market qualifications, it is expected that Polymeric FR licensees will have interim quantities available throughout 2011. This will be followed, likely in 2012, by large plant construction by the licensees, making significantly larger commercial volumes available by 2013-2015 that are in line with the current HBCD market demand. This should allow the global polystyrene foam insulation industry to make a smooth transition, as national regulations are implemented.
Further updates and statements will be shared by DGTL and DGTL licensees in the future.