Ludwigshafen, Germany -- BASF Venture Capital GmbH has invested $2.7 million in FRX Polymers Inc., which develops and produces non-halogen flame-retardant polymers.
"The polymeric flame retardants of FRX Polymers have unique properties," commented Dr Oliver Guthmann, investment manager at BASF Venture Capital, noting that they consist of organic polymers with phosphorus as the active component.
"Because of their polymeric structure, the flame retardants do not migrate out over time and also do not change the optical and mechanical properties of the plastic in which they are incorporated," Guthmann added.
BASF said in a 30 March press release that the flame retardants can also be used as plastic themselves, making it possible to manufacture thin transparent high heat products, such as electronic sheet and LED light diffusers.
FRX Polymers has three pilot plants: two in Chelmsford, Massachusetts, and another, larger facility in Switzerland, BASF said, adding that the flame retardants are already being used in plastics processing.