Verona, Italy -- Poliya Resin and Composites has signed a manufacturing agreement with Novaresine. According to the agreement, starting in April 2012, Novaresine will produce Poliya brand products in Northern Italy production plants, which were previously operated by Hexion Specialty Chemicals.
The geographically strategic alliance will allow Poliya to provide Central and Eastern Europe with its customised resins and high-performance, custom colour gelcoats, Poliya said in a 26 March news release.
Novaresine of Italy makes a wide range of resins including urethane-modified alkyds.
"We are very pleased to have Novaresine as the exclusive manufacturer of Poliya products. As the demand for our products continues to grow, it is imperative that we have a partner that shares the same values. Novaresine's technical expertise, capacity, and high quality standards will allow us to expand our European market share," Buelent Oeztuna, ceo of Poliya, commented.
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