DANBURY, Conn., 2018-01-11 18:09 CET (GLOBE NEWSWIRE) --
Addivant, a global leader in polymer additives technology and innovation,
announces further advancement in the health and safety profile for WESTON 705.
Addivant is committed to developing and commercializing the safest, new
antioxidant for the food contact packaging industry.
The results from the most recent toxicology studies, performed in a GLP
accredited contract research organization under internationally recognized OECD
guidelines, demonstrates no adverse effects at the highest possible
concentration levels. Further, in a comparable study, WESTON 705 is
approximately ten times safer than TNPP and three times safer than Tris (2, 4,
DTBP) Phosphite, brand names including ALKANOX 240 and Irgafos 168.
"This is another important milestone in the commercialization of WESTON 705,
especially at a time when all of us are concerned about the health and safety
of the products we are in contact with daily," said John Steitz, Addivant CEO.
He added, "We are quite proud of this achievement as many of the largest
polymer producers transition to WESTON 705."
WESTON 705 is recognized for providing customers with the benefit of superior
performance, higher processing productivity and an unprecedented health and
safety profile.
About Addivant
Addivant is an innovator in the field of polymer additives, developing
customized solutions that provide customers enhanced application performance,
safe handling, and reduction in cost of use. The company is recognized
industry-wide for its extensive portfolio of specialty additives including
antioxidants, light stabilizers, rubber additives, polymer modifiers, metal
deactivators, polymerization inhibitors and intermediates. Addivant is an
international company, with 11 plants in five regions as well as research,
manufacturing and sales facilities around the globe. Addivant maintains its
global headquarters in Connecticut, USA with regional headquarters in: Al
Jubail, Saudi Arabia, Basel, Switzerland, and Shanghai, China. Addivant is an
independent portfolio company of SK Capital. Visit www.addivant.com for more
information.
Addivant, ALKANOX 240 and WESTON 705 are trademarks of Addivant.
A photo accompanying this announcement is available at
http://www.globenewswire.com/NewsRoom/AttachmentNg/53eef9ea-7e67-4b07-b0fc-182de
cc391f0
Contacts:
Beverly Kindermann
Beverly.Kindermann@addivant.com
Tel: +1 203 702 6182© 2018 GlobeNewswire
