PolyOne acquires license for light blocking technology for liquid dairy packaging
. Novapet has already established DCU additive as a reliable light-blocking solution.
PolyOne, Cleveland, Ohio, announced that its ColorMatrix business licensed the right to manufacture, market and sell a high-performance light blocking technology for liquid dairy packaging from Novapet, a Chile-based manufacturer of PET packaging.
Novapet’s DCU (dairy concentrate ultra) additive protects liquid dairy products packaged in monolayer PET bottles from degrading due to light radiation. Novapet has already established DCU additive as a reliable light-blocking solution, and will retain commercial and manufacturing responsibility for the product in France, Italy, Portugal and Spain. PolyOne will manufacture, market and sell the product as ColorMatrix Lactra SX Light Blocking Additive in all remaining markets.
“The DCU additive fits perfectly with our existing portfolio of specialty additives for protecting liquid dairy products,” says Bjoern Klaas, general manager, ColorMatrix at PolyOne. “We appreciate Novapet’s in-depth understanding of the PET packaging market and its strong focus on product development and innovative product solutions.”
“Novapet is pleased that PolyOne recognizes the value of our DCU product,” adds David Gonzalez, managing director at Novapet. “With our tried and trusted technology and PolyOne’s global market penetration, this license agreement is the best solution to grow sales globally.”