Agreement for polypropylene fibres and tapes
On October 1st, 2013 Sabo announced that it has entered into an agreement with Basf for a license of the Chimassorb 2020 technology. It is a highly successful innovation that combines exceptionally high UV and long-term thermal stability in applications such as polypropylene fibers and tapes. Demand for solutions based on this technology has been steadily increasing, and it will grow as the product of choice for many applications.
The acquisition of the license for Chimassorb 2020 will further expand the product range of Sabo and complements the offer of high molecular weight monomeric light stabilizers already produced by Sabo in Bergamo, Italy.