ENGINEERINGNET.EU -- FRX Polymers, founded in 2007 following over five years of intensive research and development in the field of inherently flame retardant plastics, intends to build a new plant on Bayer’s Antwerp site in Belgium.
To this end it has officially signed a long term lease agreement with Bayer for 3,000 square meters of land. For FRX it will be the first commercial plant on the leased property.
FRX’s portfolio includes an extensive and growing patent estate. To date, the company has 20 granted patents and 58 patent applications.
It operates two pilot plants in Chelmsford, MA and a third larger polymer pilot plant in Switzerland.
“The selection of Bayer’s Antwerp site is a strategic one for us,” said Marc Lebel, President and CEO of FRX Polymers.
“Not only is the site equipped with state of the art infrastructure, but two key raw materials important for FRX are also produced by Bayer on this site. Moreover, Antwerp Port is at the heart of European chemical manufacturing, which ensures access to a highly skilled workforce and to world class logistics”.
Commissioning of the plant is expected during the 4th quarter 2013.
(picture: FRX)
BACKGROUNDER
FRX is a manufacturer of a environmentally friendly family of inherently flame retardant plastics. Currently in the growth phase of commercializing its unique family of polyphosphonate homopolymers, copolymers, and oligomers, the company produces plastics polymers that are tough, transparent, and possess high melt flow. The products are being sold in consumer electronics, building and construction, and transportation markets as polymeric flame retardant additives, flame retardant engineering plastics, and as reactive flame retardant additives for thermosetting resins.
