NINGBO, China (Feb. 2, 2011)—Keyuan Petrochemicals Inc. has signed an agreement with Ningbo Institute of Technology, an affiliate of Zhejiang University, to jointly develop commercial applications for its styrenic block copolymer.
The partnership will focus on developing commercial applications for the copolymer in synthetic rubber products. Keyuan and Ningbo Institute of Technology will share the rights to products and technologies developed from this cooperation.
Keyuan's styrene block copolymer has excellent transparency and anti-impact properties, including flexibility and durability, the partners said. It is currently used in packaging and plastic products such as medical instruments and toys