Sabo SpA announced on October 1, that it has entered into an agreement with BASF for a license of the Chimassorb 2020 technology.
Chimassorb 2020, a highly successful innovation of BASF, combines exceptionally high UV and long-term thermal stability in applications such as polypropylene fibers and tapes. Demand for solutions based on Chimassorb 2020 has been steadily increasing, and the technology will grow as the product of choice for many applications.
The acquisition of the license for Chimassorb 2020 will further expand the product range of Sabo SpA and complements the offer of high molecular weight monomeric light stabilizers already produced by Sabo SpA in Bergamo.
License agreement between Sabo SpA and BASF