Development-stage company Envirokare Tech Inc. is marketing a technology for producing large thermoplastic structural parts with uniformly dispersed long-fiber reinforcements.
The trademarked Thermoplastic Flowforming technology can ``lay down a near-net shape of a finished product'' and use low-pressure compression molding in making big parts such as pallets, said John Verbicky, president and chief executive officer of the Orlando company.
The process works with virgin and recycled resins ranging from polyethylene to polyetheretherketone and fibers of carbon, aramid and glass, Verbicky said by telephone.
An Envirokare subsidiary and Thermoplastic Composite Designs Inc. of Mims, Fla., agreed in March 2001 on licensing and proposed merger arrangements and, in September 2003, extended an exclusivity provision to March 2005. A recent Envirokare memorandum of understanding with the Mims firm and TPF inventor Dale Polk Jr. is designed to accelerate the merger.
Nova Chemicals Corp. of Calgary, Alberta, continues to explore commercializing and marketing the TFP technology under a possible joint venture, Envirokare said Sept. 17. Under a June agreement, the Nova unit paid $250,000 to Envirokare.
The Mims facility makes TPF parts now, largely under government contracts, and would become Envirokare's first production site, if the merger were completed. Formation of a Nova joint venture and upgrading capacity in Mims could lead to annual TPF processing of 10 million to 14 million pounds of material, Verbicky said.
Publicly traded Envirokare employs four and, from June 1998 through December 2003, recorded total losses of more than $5.5 million on sales of $62,150.