Integral Technologies and Nova Polymers form strategic alliance
Integral Technologies and its wholly owned subsidiary ElectriPlast have signed a long-term strategic alliance with Nova Polymers to expand manufacturing operations at Nova's campus located in Evansville, Indiana, US.
Under the deal, Nova will provide manufacturing and laboratory testing services to the recently expanded product line of anti-static and static dissipative ElectriPlast.
All ElectriPlast products to be manufactured will be in accordance with Nova's ISO 9001:2008 certification.
Furthermore, Nova will supply resin, colour matching and blending for the new ElectriPlast formulations.
Integral Technology CEO Doug Bathauer said: “Nova has been a strong partnership for us. It would have been challenging to develop our new product line as quickly as we have without their support.
“This alliance allows us to improve quality and increase volume without the need for capital expenditures or added personnel. Having ElectriPlast produced under ISO 9001:2008 is an additional benefit we can now provide our customers who want to know that the material they receive will be of the highest quality and manufactured under the strictest guidelines.
“We are continuing to see demand for our new product line and we believe we have the capacity to fulfil this demand for the foreseeable future.”
Nova produces a full line of resins including ABS, PP, PC, and proprietary TPV- Novalast from its two plants that has an annual capacity to produce 70 million pounds.
Nova founder president and CEO Roger Chapman said: “The combination of our 30 years of resin compounding and Integral's conductive plastic expertise creates and exciting opportunity for both companies.
“We are always looking for growth and we're seeing a lot of opportunities in conductive plastic.”
Along with its subsidiary ElectriPlast, Integral Technologies focuses on developing electrically conductive plastics that are used in manufacturing industrial, commercial and consumer products.
Image: Resins procured from trees. Photo: courtesy of Pontus Edenberg/ FreeImages.com.