WKN A0J2RX
Global Matrechs, Inc. Signs Manufacturing Agreement With Dow Corning
Global Matrechs, Inc. (OTCBB: GBMR), a developer of advanced materials for nuclear and hazardous-waste containment and high-performance, nontoxic polyurethanes, announced today that it has signed a manufacturing agreement with Dow Corning Corporation, a global leader in supply of silicon-based products.
Dow Corning will manufacture NuCap(TM), Global Matrechs\\' lead product, an advanced silicone geo-polymer composite that provides superior containment of radioactive contaminants. Modifications to part of the facility at Dow Corning\\'s manufacturing plant in Midland, MI that will manufacture NuCap(TM) will result in improvements in the manufacturing process efficiency. The upgrades are expected to expand Global Matrechs\\' ability to meet demand for its innovative materials.
Michael Sheppard, CEO of Global Matrechs, said, "This agreement is a very important advancement in the growth of this company. Dow Corning has collaborated with us for more than eighteen months to help us obtain the level of equipment, management, engineering support and training to meet the standards for quality and quantity required by the growing customer base for our NuCap(TM) materials. We believe this relationship with Dow Corning will enable us to successfully fill certain large orders anticipated in the near future."
Global Matrechs, Inc. Signs Manufacturing Agreement With Dow Corning
Global Matrechs, Inc. (OTCBB: GBMR), a developer of advanced materials for nuclear and hazardous-waste containment and high-performance, nontoxic polyurethanes, announced today that it has signed a manufacturing agreement with Dow Corning Corporation, a global leader in supply of silicon-based products.
Dow Corning will manufacture NuCap(TM), Global Matrechs\\' lead product, an advanced silicone geo-polymer composite that provides superior containment of radioactive contaminants. Modifications to part of the facility at Dow Corning\\'s manufacturing plant in Midland, MI that will manufacture NuCap(TM) will result in improvements in the manufacturing process efficiency. The upgrades are expected to expand Global Matrechs\\' ability to meet demand for its innovative materials.
Michael Sheppard, CEO of Global Matrechs, said, "This agreement is a very important advancement in the growth of this company. Dow Corning has collaborated with us for more than eighteen months to help us obtain the level of equipment, management, engineering support and training to meet the standards for quality and quantity required by the growing customer base for our NuCap(TM) materials. We believe this relationship with Dow Corning will enable us to successfully fill certain large orders anticipated in the near future."