Georgia Gulf Corporation’s (NYSE: GGC) commitment to developing renewable materials to help end-use customers meet their sustainability goals took another step forward with the announcement today of an agreement to collaborate with Segetis, Inc. to offer a new flexible vinyl compound based on Javelin™ technology bio-plasticizers from Segetis.
“This is an exciting collaboration that combines Segetis' proprietary technology with Georgia Gulf’s vinyl compounding expertise to customize formulations that deliver unique performance profiles,” said William H. Doherty, vice president – vinyl compounds at Georgia Gulf.
This is the second collaboration to develop bio-based flexible PVC compounds announced in 2012 by Georgia Gulf.
“The addition of the specialty bio-based plasticizers from Segetis expands our sustainable product portfolio and underscores our commitment to offer a range of solutions to our customers that are free of phthalates and heavy metals,” Doherty said.The Segetis bio-based plasticizers are built on an exciting new platform of cellulosic-based levulinic ketals, which Segetis has branded as Javelin™ technology. These plasticizers are compatible across a wide loading range, are highly efficient with excellent permanence and bring faster processing speeds and elevated temperature performance. Coupled with their ability to be 100-percent bio-based, all Segetis plasticizers bring low vapor pressure and low extractables, and they are broadly miscible with many resin families. “We are extremely gratified to have won the confidence of Georgia Gulf Corporation and are excited to support Georgia Gulf’s sustainability goals with our performance plasticizers,” said Atul Thakrar, chief executive officer of Segetis. “New technologies need champions, and Georgia Gulf is in a unique position to drive and influence change toward bio-based compounds in the flexible vinyl supply chain,” Thakrar said. “You cannot ask for a better champion in this business than one of the world’s most respected and admired compounders.” Georgia Gulf has begun to introduce these new flexible compounds to manufacturers of toys and decorative construction materials, and the company continues to develop compounds for a growing range of applications.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV