Press release

Demeta signs partnership agreements with Metton America inc. to accelerate the commercial deployment of its liquid molding resins

Rennes - December 7th, 2021

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Demeta, a French green chemistry company developing next-generation catalysts for the production and marketing of high-performance materials and chemicals, is announcing strategic agreements with Metton America Inc, a US chemical technology company focused on the development and commercialization of Liquid Molding Resin. The partnership comprises an exclusive commercialization agreement and a joint business development agreement.

Metton America, Inc. (Houston, Texas) is a Sojitz (Tokyo, Japan – TSE: 2768*) subsidiary that produces liquid molding resins (Metton LMR) for use in many applications such as large body panels in small and medium series. Metton LMR is the reference material for truck, bus, construction and farming machinery (engine hoods, fenders, bumpers, wind deflectors…).

Metton LMR is a tough and durable engineering plastic material that enables to produce complex, large or thick molded panels. Similarly based on dicyclopentadiene (DCPD) as Demeta’s NexTene™, Metton LMR is synthesized using a different catalytic system from the one used by Demeta and reserved for the Reaction Injection Molding processes (RIM and R-RIM).

As part of the agreements effective October 1st, 2021, Demeta has been appointed as the exclusive commercialisation partner for Metton LMR product in the Europe, Middle East, Africa, and CIS regions. Demeta will further develop marketing and sales activities in the coming months in collaboration with Metton America Inc. and Sojitz Group. Synergistic effects are expected between the three companies to accelerate Metton LMR’s commercial deployment.

The partnership with Metton America Inc will enable Demeta to expand its commercial offering and penetrate new markets. The Metton LMR range will complement Demeta’s NexTene™ range of performance materials focused on high added value applications such as composites or technical parts used in the energy sectors.

In addition, Demeta will carry out a marketing study for a novel, high modulus, grade of Metton LMR dedicated to RIM players, including a test phase within the next twelve months.

Patrick Piot, Demeta CEO: “We are thrilled to be entering into this partnership with a Sojitz subsidiary and strongly believe in the value of the Metton LMR technology. This partnership is a real opportunity for our company. It provides us a perfect addition to our product portfolio and a solution recognized by truck, agricultural and construction machinery leading players. At last, it allow us to focus our R&D teams on high-value applications for NexTene™, such as the performance composites industry.”

Koki Shibata, Metton America President & CEO: “We are very pleased to be able to rely on Demeta’s experience and network to accelerate our commercial expansion and develop our sales in the EMEA areas for both our LMR products and our latest innovation, with the support of the fantastic commercial network of our parent company Sojitz. We also plan to find synergies with Demeta for new R&D applications.”

 
About DEMETA

Founded in 2011, DEMETA is a Green Chemistry company specialized in developing next-generation catalysts for the production of high-performance materials and chemicals. The catalysts developed and patented by DEMETA are molecular tools used at very low dosage that simplify chemistry, making it possible to develop efficient, eco-responsible, safer and more competitive processes and products.
With its first technology platform, DEMETA develops and markets NexTene™, a family of high-performance and low-carbon footprint materials adapted for extreme conditions, serving various markets, from energy to composite materials and other industrial applications.
With its second technology platform GreenCARE, DEMETA develops specialty bio-based molecules, such as cosmetic ingredients, flavors and fragrances, pigments and dyes.
DEMETA is committed to the ecological transition. All of its products contribute to the European Commission’s 2030 targets for reducing greenhouse gas emissions and strengthening energy efficiency. DEMETA is supported by the European Commission through the highly selective EIC Accelerator Pilot financing program.
To learn more about DEMETA, visit https://demeta-solutions.com/en/.

About METTON AMERICA INC.
 
METTON provides part design freedom with integrated functionality and part consolidation opportunities similar to injection molding for replacement of traditional materials such as wood and metal. Low internal mold pressures  allow part sizes up to 9 m² in closed molds such as machined aluminum, nickel shell or cast aluminum. Adhesion to paint and structural adhesives is excellent. METTON is supplied in closed containers in various sizes from 200 liter drums to 19,000 liter ISO containers to bulk, on-site, storage
To learn more about METTON AMERICA Inc., visit https://www.metton.com/
* TSE = Tokyo Stock Exchange

 

Press Contacts:

DEMETA

Ralph Hedel

tel: +33 (0)2 99 38 85 60

[email protected]

CALYPTUS

Cyril Combe

tel: +33 (0)1 53 65 68 68

[email protected]

 

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