Versarien Partners With BP Polymers To Develop Kortrax Barrier Resin

LONDON (Alliance News) - Versarien PLC on Wednesday said it partnered with BP Polymers LLC to ...

Alliance News 29 May, 2019 | 3:29PM
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LONDON (Alliance News) - Versarien PLC on Wednesday said it partnered with BP Polymers LLC to develop a new version of BP's barrier resin, Kortrax, incorporating Versarien's graphene.

Kortrax is a polyamide-based barrier resin which improves both the chemical permeability performance profile and the oxygen transfer rate of resin containers, the company explained.

"This collaboration agreement will be focused on improving the product performance of Kortrax for the various markets it currently serves, through the addition of Versarien's graphene, while developing new opportunities in other industries," Versarien added.

Versarien shares were trading 3.15 higher at 99.45 pence each.

By Elena Cherubini; elenacherubini@alliancenews.com

Copyright 2019 Alliance News Limited. All Rights Reserved.

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Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Rating
Versarien PLC 42.50 GBX -2.86 -

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