FRX Polymers and China's Yoo-Point Group Announce Development Agreement
CHELMSFORD, MA - FRX Polymers® Inc., a leader in polymeric halogen-free flame retardant (FR) solutions headquartered in Chelmsford, Massachusetts, announced a joint development agreement with China’s Yoo-Point Group for the production of water-based emulsions that contain FRX Polymers’ Nofia® phosphonate halogen-free flame retardants. The emulsions are particularly suited for use in polyurethane (PU) coatings and low-density flexible PU foam.
Under the joint development agreement, Yoo-Point, a leading resin producer for the coatings market, will market and sell the new Nofia FR-based emulsions to customers in China. Meanwhile, FRX Polymers will be responsible for marketing and commercialization outside of China. The Nofia FR water-based emulsion – considered to be an environmentally friendly alternative to solvent-based systems – is already enjoying commercial success in PU-based foams and coatings in China.