NOVA lends its support to long-fibre-reinforced forming process (March 14, 2005)
NOVA Chemicals and Envirokare Tech Inc. have formed a joint venture company to commercialize a fabrication technolo...
NOVA Chemicals and Envirokare Tech Inc. have formed a joint venture company to commercialize a fabrication technology that is suitable for the formation of large, long-fibre-reinforced structural thermoplastic parts. The new company, LRM Industries LLC, will introduce the Thermoplastic Flowforming (TPF) process to global markets.
"The combination of TPF technology with NOVA Chemicals marketing, licensing, product development and materials science capabilities creates a strong contender for large part applications on a worldwide basis," says John W. Verbicky, president and CEO of Envirokare (Orlando, FL).
The TPF process features in-line compounding, automated low-pressure material delivery, which provides high long-strand survivability, and part forming capability for large, structural parts.
NOVA Chemicals is a global producer of resins and chemicals, based in Calgary, AB. Enivorkare contibutes its intellectual property rights, technology, manufacturing equipment and TPF business activities to the venture, while NOVA will contribute certain specified capital and services.