Canadian Plastics

AGI acquired, expansion plans could mitigate materials shortage (February 01, 2006)

Canadian Plastics   



Hackerproof Ltd. announced it has signed a letter of intent to acquire 100 per cent of the Alcar Group (AGI)....

Hackerproof Ltd. announced it has signed a letter of intent to acquire 100 per cent of the Alcar Group (AGI).

AGI has developed a patented process and bioreactor, which would allow for the production of some raw materials for polymers at costs savings of up to 40 per cent when compared to current production methods.

With the expansion AGI has planned, the AGI production process will reach a total capacity of 120,000 tons annually of economical and environmentally friendly materials for polymers, AGI said.

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