Noveon units adopt parent firm's name
WICKLIFFE, OHIO - Lubrizol Corp.'s Noveon Inc. unit now will be known globally as Lubrizol Advanced Materials Inc. Noveon Canada Inc. will become Lubrizol Advanced Materials Canada Inc.
Wickliffe-based Lubrizol announced the name change and unveiled a new corporate logo in a June 4 news release.
``Eliminating the use of multiple names and logos will allow us to present ourselves to the global marketplace in a consistent manner,'' said James Hambrick, president, chairman and chief executive officer.
Lubrizol paid $1.8 billion to buy Noveon from AEA Investors Inc. in 2004. The Brecksville, Ohio, unit - with annual sales of more than $1 billion - makes chlorinated PVC and thermoplastic polyurethane and is among North America's 30 largest compounders.
New RTP products are biocompatible
Winona, Minn. - Winona-based RTP Co. is marketing new biocompatible grades of its masterbatch and pre-colored compounds. The products are aimed at medical devices and packaging, pharmaceutical applications and disposable medical products.
The new compounds are available in 18 colors and can be used with styrenics, polyolefins, elastomers and other resins.