LUXEMBOURG—Flexible foam producer Armacell International S.A. and W. Koepp GmbH, a German manufacturer and processor of cellular rubber and polyethylene foam, have entered into a "partnership for excellence," which will see technology transfer between the two suppliers.
As part of this agreement, Koepp will transfer its proprietary bun foam technology to Armacell. Additionally, both parties will increase global product availability and provide customers with extended service coverage.
Following an initial period of calibration, Armacell will launch commercial production of the foams at its U.S.-based component foams manufacturing facility, at which a capacity expansion program was recently undertaken.
The partnership will initially run for a 15-year term with multiple extension possibilities.
Commenting on the announcement, Patrick Mathieu, president and CEO of the Armacell Group, said: "We are delighted to partner with Koepp. Our component foams customers will gain access to a broader suite of high-tech products."
Achim Raab, managing director and owner of Koepp described the agreement as "a milestone" in the evolution of his company.
Koepp employs 250 people at its two locations in Germany, production facility in Romania, and as part of our joint venture in India.
The company produces a variety of materials for application in the automotive, packing, aerospace and mechanical engineering sectors.