Gurit to License Green PET Technology from Armacell

Gurit Holding AG (GUR), a global leading developer and manufacturer of advanced composite materials, components and technologies has signed a licensing contract with Armacell Group, via Armacell License Services SCS, Luxembourg.

Armacell is a world leader in flexible insulation foams for the equipment insulation market, is also a leading provider of engineered foams.

As part of the contract, Gurit will be granted a global license for the patented

ArmaFORM (polyethylene terephthalate) PET GR technology from Armacell.

The ArmaFORM PET GR foam core technology enables manufacturing of extruded PET foam from 100 percent recycled (post-consumer) PET materials. The patented technology is widely recognised and supports customers across industries in their endeavour to increase usage of sustainable advanced composite materials across applications.

“The combination of the PET capacity and technology that we have acquired in Volpiano, Italy, at the end of 2016 paired with Gurit’s existing production and the new licensing contract for the Armacell foam technology represents a major step forward in our offering to our global customer base,” said Rudolf Hadorn, CEO of Gurit.

“As the inventors of the ArmaFORM PET GR technology, we have been able to provide a unique product range to customers across the globe. We are happy to see Gurit utilise our technology thereby increasing Armacell’s contribution to a greener tomorrow,” added Bart Janssen, vice president engineered foams, Armacell.