XG Sciences (XGS) recently announced that it has entered into an Intellectual Property License, Joint Development and Commercialization Agreement with Niagara Bottling, a market leader in beverage packaging innovation and one of the largest beverage companies in the U.S.
The agreement provides XG Sciences with an exclusive license to Niagara’s patents and proprietary know-how related to the use of graphene nanoplatelets in PET in certain bottle applications. Under the agreement, Niagara will assist XGS with field engineering support to install products into the manufacturing lines for new customers – greatly reducing the manufacturer’s time to market.
This agreement gives XGS access to a considerable IP portfolio relating to optimized dispersions of graphene nanoplatelets in PET and allows XGS to sell its proprietary XGPET masterbatch pellets to global packaging companies within the next 6 to 12 months.
The partnership is hoped to bring many advancements to the beverage bottle and packaging industry. When used in packaging production the advanced material, sold under the brand XGPET, reportedly demonstrates improved physical strength, advanced product designs, processing benefits as well as potential reductions in the use of PET for given bottle designs.
“For years we have used our expertise to innovate for Niagara Bottling’s customers. In this partnership with XG Sciences we are now advancing those innovations to the broader packaging industry,” said Jay Hanan, Ph.D., Chief Scientist, Niagara Bottling. “We are excited to further enable our industry to utilize graphene to create more efficiently produced and user-friendly packaging.”