H.B. Fuller Acquires Liquid Polymer Corp.
“Liquamelt is a unique adhesive system,” said Jim Owens, president and CEO of H.B. Fuller. “This ‘Cool on Delivery-Hot on Demand’ technology is a new category of adhesives and will enable us to help our customers drive cost and complexity from their processes with technology that is based on sustainable and available raw materials. The acquisition of Liquamelt adhesive technology demonstrates our commitment to rapid innovation and new product delivery to the adhesives industry.”
Liquamelt adhesive is flowable at room temperature and, along with its easy-to-use delivery equipment, offers a fast-bonding, high-performing adhesive solution. The adhesive can enable room temperature storage and handling of adhesive, whereas traditional hot-melt tank and hose temperatures can reach as high as 350°F (180°C). Liquamelt adhesive contains more than 40% renewable raw materials, allows for significant mileage improvements, and results in reduced overall energy consumption. This closed system is easy to maintain and remains free of contamination.
Liquamelt Corp. currently employs eight people. In addition to the material and equipment patents, the principal assets acquired include equipment and inventory. The Liquamelt system is expected to generate less than $1 million in revenue in 2011.
For more information, visit www.liquamelt.com or www.hbfuller.com.