Arxada and Novoset Sign Global License Agreement to Develop Next-Generation Composite Materials
Arxada 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.
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.”
