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Nordmann, Rassmann GmbH is Appointed Distributor of Novomer's Converge® Polyols in Germany

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NOVOMER, INC.
South Hill Business Campus, 950 Danby Road
Ithaca, NY, 14850
USA



Press release date: August 18, 2014

WALTHAM, Mass., – Novomer Inc., a sustainable materials company pioneering a family of high-performance polymers and other chemicals from renewable feedstocks such as carbon dioxide (CO2), has appointed Nordmann, Rassmann GmbH, a leading distributor of specialty chemicals, as its authorized distributor of Converge® polypropylene carbonate (PPC) polyols in Germany.

Nordmann, Rassmann 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 initial commercial entry into the German market.

“We’re excited to announce this new distribution agreement with Nordmann, Rassmann which is a leading supplier of polyurethane products and we look forward to expanding our reach into their markets,” said Peter Shepard, Chief Business Officer for Novomer Inc. “Nordmann, Rassmann has well-established relationships in the polyurethane industry and the necessary resources that will help us grow our position in Europe.” 

In response to strong interest for its new Converge® polyols, Novomer is lining up distribution agreements which will accelerate the commercial adoption of its materials. Novomer recently announced the commercial introduction of Converge® PPC polyols. Nordmann, Rassmann has a broad distribution product portfolio and extensive knowledge in polyurethanes, according to Shepard. The company will provide all support services including technical marketing, account management, application development, customer service, warehousing, and logistics.

“We welcome this new distribution arrangement and are very pleased to be the exclusive distributor for Converge® polyols in Germany,” said Dr. Gerd Bergmann, Managing Director of Nordmann, Rassmann. “We look forward to expanding the portfolio options for our customers and securing commercial opportunities for Novomer’s innovative CO2 based polyols.”

Converge® polyols are based on the co-polymerization of carbon dioxide (CO2) and epoxides; 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 full-scale manufacturing costs are favorable compared to conventional polyols.

In terms of performance, Novomer's Converge® polyols have a unique polycarbonate backbone which increases the strength and durability of polyurethane products. Incorporating these new polyols into existing formulations yields foams with higher tensile and tear strength, and increased load bearing capacity; adhesives and coatings with improved adhesion, cohesive strength, and weatherability; and elastomers with greater tensile and flexural strength.

About  Nordmann, Rassmann GmbH                                                                                        
As a leading European chemical distributor, the NRC Group delivers natural and chemical raw materials, additives, and chemical specialties with the right technical and application know-how. NRC distributes the products of globally-operating raw material manufacturers to production companies throughout Germany, Central and Eastern Europe, the Nordic countries, France, Italy, and Switzerland. Among others, NRC works to supply the cosmetic, homecare, pharmaceutical, food, construction, coating, adhesive, plastic, rubber, and polyurethane industries. In 2013, NRC generated a turnover of approximately €330 million and currently employs a total of 300 staff members at its Hamburg headquarters and 13 European subsidiaries. For more information, visit www.nordmann-rassmann.com.

About Novomer Inc.
Novomer (www.novomer.com) is a leading materials company commercializing a family of low-cost, high-performance, sustainable polymers and other chemicals. Novomer's groundbreaking catalyst technology allows carbon dioxide and other renewable feedstocks to be cost-effectively transformed into chemical products for a wide variety of industrial markets. For more information, visit www.novomer.com.
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