Arxada and Novoset Agree Global License to Develop Next Generation Composite Materials
May 3, 2022
Basel, Switzerland and Peapack, New Jersey, USA – 3 May, 2022
Arxada, a global leader in specialty chemicals, and Novoset LLC, a technology and process driven "system solution" thermoset polymer material company, announce the signing of an exclusive license agreement for the production and sale of a next generation hydrocarbon-based resin system for telecommunications and advanced semiconductor packaging. Under the terms of the agreement, Arxada will develop, manufacture and commercialize the resin system developed by Novoset. The technology will be developed by Arxada’s Composite Materials unit, part of its Specialty Products Solutions (‘SPS’) business. The new resin system will serve several markets including the growing 5G telecommunications segment. It will be added to Arxada’s Primaset® range of high-performance thermoset resins for the telecommunication infrastructure and advanced semiconductor packaging industries.
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