Thermolon and Shinwoo Merge/$15-Million Investment Planned
April 1, 2008
HONG KONG - Thermolon, a supplier of non-stick coatings used in cookware, has announced that it has merged with Shinwoo Trading Co., the South Korean company that manufactures the coating. Thermolon™ coatings are completely PTFE-free; therefore, no PFOA (sometimes known as C8) is used at any stage during its manufacture.
In Phase One of the new company, a new investment of $15 million is planned to further expand the production capacity of Thermolon.
Both companies will operate under the umbrella of Thermolon Ltd., and all products will be branded as Thermolon.