Pittsburgh, Pennsylvania (March 21, 2018) – NOVA Chemicals Inc. (“NOVA Chemicals") today announced an exclusive distribution agreement with SUNPOR KUNSTSTOFF GMBH (“SUNPOR”) for the promotion, sale, distribution and technical service by NOVA Chemicals of Lambdapor® expandable polystyrene resins (EPS) in North America.
Lambdapor EPS is an innovative resin material that contains graphite particles that reflect heat and deliver 20% better insulation performance than traditional white EPS – suitable for applications such as;
- Buildings with a high standard level of energy saving (e.g. low-energy houses, passive houses)
- Buildings in which optimal insulation within a limited space is needed (e.g. in the upgrading of older buildings).
“This is a great opportunity for us to enhance our construction product offerings to our customers,” stated John Feraco, Expandable Styrenics business director for NOVA Chemicals. “As the construction market continues to grow, it’s important for us to be able to deliver materials that drive cost and energy efficiency.”
“We are pleased to be able to bring our innovative Lambdapor resins to the North American market,” stated Christian Buchinger, head of business development for SUNPOR. “Lambdapor resins create new possibilities on the building site by offering a myriad of application possibilities in warmth insulation and footfall muffling.”
Lambdapor EPS will be available to the North American market in the second quarter. NOVA Chemicals will market and sell the resins, along with providing technical service support.
# # #
About NOVA Chemicals
NOVA Chemicals develops and manufactures chemicals and plastic resins that make everyday life safer, healthier and easier. Our employees work to ensure health, safety, security and environmental stewardship through our commitment to sustainability and Responsible Care®. NOVA Chemicals, headquartered in Calgary, Alberta, Canada, is wholly-owned, ultimately by Mubadala Investment Company of the Emirate of Abu Dhabi, United Arab Emirates. www.novachem.com
About NOVA Chemicals
SUNPOR KUNSTSTOFF GmbH is one of Europe’s leading producers of EPS-Polymer, with two production plants in St. Poelten, Austria/Europe that are certified by Responsible Care. SUNPOR has an annual production capacity of around 230,000 tonnes of EPS polymer granulate, to which Lambdapor®, the high-tech product, has an important share. 90% of the production is exported. SUNPOR’s main costumers are in construction (building insulation) and packaging industry. The company is 100 % owned by the Norwegian O.N. Sunde AS group. www.sunpor.at
Mark Horner, Director, Corporate Communications
Klara Wagner, Public Relations
NOVA Chemicals’ logo is a registered trademark of NOVA Brands Ltd.; authorized use.
Responsible Care® is a registered trademark of the Chemistry Industry Association of Canada.
Sunpor & Lambdapor is a registered trademark of Sunpor Kunststoff GmbH