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Oxford Performance Materials Acquired By Arkema
Date:2/9/2009

OPM Expands Position within High Performance Polymer Market Place

Enfield, CT (PRWEB) February 9, 2009 -- Arkema has announced the acquisition of Oxford Performance Materials, Inc. (OPM), maker of OXPEKK® products. OPM will operate as an Arkema subsidiary from its Enfield, CT headquarters with the established management team. The firm will continue its commercial focus on advanced medical and industrial applications for its proprietary materials. OXPEKK® products are currently used in commercial jetliners, long-term medical implants, and demanding energy applications, including down-hole tools and pumps.

OXPEKK® polyether ketone ketone is a high-temperature and chemically resistant, semi-crystalline thermoplastic with exceptional abrasion resistance and natural flame retardancy. "The addition of OXPEKK® products to Arkema's diverse portfolio complements a set of high-performance plastics than include high-purity Kynar® Rx PVDF, biocompatible Pebax® polyether block amides, medical-grade Plexiglas® PMMA, and food-contact-compliant Biostrength® polymer additives," said Homero Endara, commercial development manager for Arkema, Inc.

"Arkema has had a long-standing interest in ultra-high-performance polymers and we have looked at strategic opportunities in the past. It was our desire to find the right combination of management committed to exploiting the medical and high-tech market space and a product that offered outstanding technical differentiation," said Ryan Dirkx, V.P. of Research and Development for Arkema, Inc. "We are delighted to have concluded this transaction and look forward to supporting OPM with the capabilities of Arkema's global organization."

"OPM has spent nearly ten years perfecting the polyethyl ketone ketone (PEKK) molecule with the help of venture capital," said Scott DeFelice, Presiden
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