Solvay Advanced Polymers Announces Distribution Agreement With Modern Plastics
Partnership increases availability of RADEL® R polyphenylsulfone to medical industry in North America
Alpharetta, GA Solvay Advanced Polymers, L.L.C. has signed an agreement with Modern Plastics, Inc., a Bridgeport, Conn.-based plastics distribution company, to distribute RADEL® R polyphenylsulfone to the medical industry in North America.
"This distribution agreement is a strategic move for both companies," said Bing J. Carbone, president of Modern Plastics. "The addition of RADEL® R polyphenylsulfone expands our current offering to include resin as well as plastics stock shapes. It is a natural extension of our product line that should help us strengthen our position in the medical industry," he added.
According to Carbone, the medical plastics segment of the company's business has been growing at an average rate of about 20 percent per year and research suggests continued growth at that level for at least the next 15 years.
"We are very excited about the opportunity to partner with Modern Plastics," said Shawn Shorrock, global medical market manager for Solvay Advanced Polymers. "It's a strategic step in our on-going effort to make this highly sought after sterilizeable plastic more readily available."
SOURCE: Solvay Advanced Polymers, L.L.C.