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07-21-2014

Distribution Agreement between Novomer and Quimidroga

Novomer Inc., a sustainable materials company, has named Barcelona-based Quimidroga s.a., a distributor of specialty products, industrial chemicals, and plastics, as an authorized distributor of Converge polypropylene carbonate (PPC) polyols in Spain, Portugal, and Turkey.

Quimidroga will distribute commercial quantities of Novomer’s new 1000 and 2000 molecular weight Converge® PPC polyols for use in polyurethane formulations targeted at adhesive, coatings, sealants, elastomers, and rigid and flexible foams. The distribution agreement represents Novomer’s commercial entry into Quimidroga’s markets.

“We’re pleased to establish this distribution relationship with Quimidroga which has a leading position in the polyurethane industry and we look forward to expanding our reach in their key markets, “said Peter Shepard, Chief Business Officer for Novomer Inc. Novomer recently announced the commercial introduction of Converge PPC polyols which are designed to replace conventional petroleum-based polyether, polyester, and polycarbonate polyols.

Converge polyols are based on the co-polymerization of carbon dioxide (CO2 ) and epoxides and the resulting products contain more than 40% by weight CO2 . The use of waste CO2 as a significant raw material yields a product with an extremely low carbon footprint. In addition, since waste CO2 is significantly lower in cost than conventional petroleum-based raw materials, Converge polyol manufacturing costs are favorable compared to conventional polyols when produced at full commercial scale.

Quimidroga has a broad product portfolio serving the polyurethane industry and is well established in the Iberian Peninsula, according to Shepard. Quimidroga will provide all support services including technical marketing, account management, application development, customer service, warehousing, and logistics. The company sells more than 400,000 metric tons of materials with a total turnover of around 600 million EUR. The 68,000 m2 warehouse in Barcelona has a capacity of 30,000 tons of packed products and 12,000 m3 in 155 tanks.

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Company profile

Novomer, Inc.

200 West Street
US 02451 Waltham, MA

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