Applied Minerals Inc., a publicly traded producer of halloysite clay, has entered into a development and masterbatch manufacturing agreement with KibbeChem Inc., a compounder and supplier of foaming agents.
Elkhart-based KibbeChem will toll manufacture a new range of high-performance Dragonite-brand halloysite clay products for the polyolefin and elastomer markets. Halloysite is an aluminosilicate clay that forms naturally occurring nanotubes.
The pelletized Dragonite will eliminate the need for an end user to have to do the compounding itself, greatly expanding the penetration of our product into the injection molding, compression molding and thermoforming industries, said Andre Zeitoun, president and CEO of New York-based Applied Minerals, in a news release.
He said the companies have conducted large-scale compounding trials on KibbeChem's extrusion lines, and the resulting products are being trialed by end users.
In addition, KibbeChem will develop chemical foaming and blowing agents that use Applied Minerals' raw materials.
KibbeChem has plants in Elkhart and Las Vegas.