R&P Ltd, a toll compounder for ExxonMobil Chemical in the thermoplastic olefin (TPO) market, has licensed from EMC the technology to produce similar Specialty PP Compounds (TPO) to be marketed under its brand name Sterling for the Asia Pacific region.

It includes China, Japan, Korea, India, Asean and the Oceania countries, said a statement.

The license grants to R&P the right to use the formulations, product designs and previous product codes created under Exxtral grades that were developed and/or manufactured at R&P, which offers a comprehensive range of TPOs for bumper, interior, exterior and underhood applications.

EMC has further agreed to supply PP to R&P.

YK Tan, R&P chairman, said: “We look forward to continuing to be a reliable supplier of our Sterlene TPO products to strong supporters who have over the past years provided us the opportunities to be of service to them, and will endeavour our very best to augment our chain of customers.

“At the same time, we take pleasure in announcing that Shanghai Hop Zenith Chemical Trading Co will be our main distributor in China for all of R&P’s products, including Sterlene.” - TradeArabia News Service