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Global Matrechs gains order for HNIPU

By Liz White, UT staffRidgefield, Connecticut-Global Matrechs Inc. said 1 Aug that “a major European corporation” has placed a pilot order for two binder derivatives of its hybrid nonisocyanate polyurethane (HNIPU).HNIPU is a modified polyurethane with lower permeability, increased chemical resistance properties and material synthesis that has superior environmental characteristics to conventional polyurethanes, says the Ridgefield-based materials and technology developer. Global Matrechs believes that HNIPU’s environmental properties and technical attributes-in particular the absence of toxic isocyanates-make it suitable for a variety of industrial applications.This pilot order follows eight months collaboration between Global Matrechs and its Germany-based partner Environmental Friendly Material GmbH (EFM), plus evaluation of small scale samples of the products. EFM has been marketing HNIPU for fifteen months in Europe.”As the exclusive licensee of HNIPU, we are seeing the success of our working partnership with EFM coming to fruition,” said Michael Sheppard, president of Global Matrechs, in a company statement. “With EFM working alongside of Global Matrechs, we expect to receive these samples in the fourth quarter this year,” Sheppard added. Samples for this pilot order are being produced at Polymate’s Israeli facilities. Once commercial-scale orders arrive, Global Matrechs said it expects production facilities will be established in Europe to meet demand. Global Matrechs has also asked EFM to organise three pilot-size sample orders for its marketing activities in the US coating industry. “

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