CLEVELAND, Feb. 14 /PRNewswire/ -- Noveon, Inc. and PolyOne Corporation
have created an alliance to develop and distribute a line of Electrostatic
Dissipative (ESD) compounds for the electronics industry. This agreement
provides electronics manufacturers and molders with a supply base that draws
on more than 20 years of combined experience in worldwide ESD compound
development and manufacturing.
(Photo: http://www.newscom.com/cgi-bin/prnh/20010523/CLW011LOGO-b )
The arrangement provides Noveon the exclusive rights to market and
distribute PolyOne's existing and emerging Stat-Tech(TM) line of electrically
conductive products in the hard disk drive, semiconductor, and electronics
packaging and handling applications segments. In addition, Noveon will
utilize PolyOne's manufacturing capabilities in Asia, Europe and North America
to meet customer requirements. Concurrently, PolyOne will distribute Noveon's
Stat-Rite(R) inherently dissipative polymer (IDP) alloy products for business
equipment, telecommunications and medical applications.
The alliance creates a complementary product line that includes Stat-
Rite(R) IDP alloys and Stat-Tech(TM) electrically conductive compounds,
compounds for injection molding and sheet for thermoforming, as well as a
broad ESD technology base including carbon powder, carbon fiber, stainless
steel fiber, carbon nanotubes and IDP alloys. "By working together, Noveon
and PolyOne will be able to supply the electronics industry with the broadest
range of static control products," said Neil Hardwick, marketing manager for
Noveon Static Control. "Whether thermoforming or injection molding, our
customers can now turn to us first for all their ESD material needs."
For more information about the Noveon-PolyOne global alliance please visit
the Noveon Static Control website at http://www.stat-rite.com .
Noveon is a leading global producer and marketer of technologically
advanced specialty chemicals for a broad range of consumer and industrial
applications. Noveon is headquartered in Cleveland, Ohio, with regional
centers in Brussels, Belgium, and Hong Kong. The company had sales in 2001 of
$1.1 billion and employs about 2,800 at office and manufacturing locations
around the world.
This release contains forward-looking statements that relate to future
events or performance. These statements reflect the Company's current
expectations, and the Company does not undertake to update or revise these
forward-looking statements, even if experience or future changes make it clear
that any projected results express or implied in this or other Company
statements will not be realized. Furthermore, investors are cautioned that
these statements involve risks and uncertainties, many of which are beyond the
Company's control, which could cause actual results to differ materially from
the forward-looking statements. Further information about these risks can be
found in the Company's filings with the Securities and Exchange Commission.
Investors are cautioned not to place undue reliance on any forward-looking
statements contained herein, which speak only as of the date hereof. The
Company undertakes no obligation to publicly release the result of any
revisions to these forward-looking statements that may be made to reflect
events or circumstances after the date hereof or to reflect the occurrence of
unanticipated events.
SOURCE Noveon, Inc.
 back to top
Related links:
http://www.noveoninc.com
http://www.stat-rite.com
Photo Notes:http://www.newscom.com/cgi-bin/prnh/20010523/CLW011LOGO-b
AP Archive: http://photoarchive.ap.org
PRN Photo Desk, 888-776-6555 or 212-782-2840
Company News On-Call:
http://www.prnewswire.com/gh/cnoc/comp/156774.html
CONTACT:
News Media, John Urbancic, +1-216-447-5733,
or Investors, Sean Stack, +1-216-447-6494, both of Noveon, Inc.
|
