December 10, 2012
PHILADELPHIA (Dec. 10, 11:15 a.m. ET) — Chemtura Corp. has entered into a joint development agreement with Caterpillar Inc. to develop new applications for construction and mining equipment, such as urethane tires, using Chemtura’s Duracast hot-cast urethane pre-polymer technology.
The joint development agreement focuses on several applications in construction and mining equipment where urethanes have not previously been used, Chemtura said in a statement.
Initial products to be jointly developed include non-pneumatic tires for some Cat machines. Prototype development is under way with field evaluation expected to begin by early 2013, Philadelphia-based Chemtura said.
“Duracast technology is an ideal material for this type of innovative program with varied end-use possibilities. Its versatility and superior abrasion characteristics lend it to a wide range of potential new applications,” said Matthew Hellstern, general manager and president of Chemtura’s urethanes business.
He added, “The multiyear joint development program supports Chemtura’s philosophy to bring greater value to our customers through product and application innovation.”
Under the agreement, other potential applications of Duracast technology may include debris guards for use behind tires, ground engagement accessories and wear reduction coatings.