Ciba Specialty Chemicals and Techmer PM sign service agreement for masterbatches
Ciba Specialty Chemicals' Masterbatch Business Unit, with facilities in Europe, the Middle East and Southeast Asia, and Techmer PM, with facilities in the United States, have signed a service agreement for masterbatches of colorants and additives for the plastics and fiber industries.
The purpose of this agreement is to enable both parties to offer global solutions to their respective customers. As a result customers can be served from manufacturing sites in North America, Western Europe, Southeast Asia, Australia, New Zealand and the Middle East. The parties also agreed to provide technical support to the customers serviced by this agreement.
The agreement includes non-exclusive licensing of know-how and patents worldwide. All Techmer masterbatches supplied via Ciba Specialty Chemicals will carry the TECHSPERSE trade name and all Ciba masterbatches supplied via Techmer will carry Ciba trade names.
This agreement is limited to the masterbatch activities and does not relate to the additive and pigment businesses of Ciba Specialty Chemicals.
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