Poliya has signed a partnership and manufacturing agreement with Novaresine, a Tenax group company. According to the agreement, starting in April 2012, Novaresine will produce Poliya brand products in Northern Italy production plants, which was previously operated by Hexion Specialty Chemicals.
This geographically strategic alliance will allow Poliya to provide Central and Eastern Europe customized polyester resins and high performance, custom colored gelcoats with improved logistics, faster response times, reduced lead times and lower costs over all.
This announcement marks another key milestone in Poliya's regional growth following the 2011 acquisition of Cam Elyaf Resins.
Being a formulator is becoming much more difficult in light of increased regulatory pressures on common raw materials.
Formulators who develop coatings based on oxidatively cured (alkyd) binders face major regulatory obstacles for two key in…