A new partnership allows Foster Corporation to offer Orevac* 18300M, a functional tie layer engineering polymer, to the medical device market
PUTNAM, CT USA – (July 8, 2021) – Foster Corporation, a leader in polymer solutions for medical devices, is pleased to announce an exclusive sales agreement with SK Functional Polymer (SKFP), a subsidiary of SK Global Chemical, a leader in functional polymers. The agreement, that began May 10, 2021, allows Foster Corporation to exclusively service the North American medical device market with Orevac*18300M, a functional engineering polyethylene (PE) based tie layer. A tie layer polymer is specifically designed to bond together two or more incompatible materials that are used in an extruded or injection molded medical component.
Foster currently provides highly engineered materials and compounds that are used in specialty medical and life science applications.
“This partnership will allow SKFP to promote their Orevac brand into medical device applications and extend its position in multi-layer medical film, sheet, and tubing products,” said Laurent Cartier, Business Manager for SK Functional Polymer – North America. “The company will increase its visibility and presence into medical device market while Foster will be able to provide a complete materials solution – including the tie layer – to their customers.”
“The Orevac brand has been a quality brand for years in the industrial market,” said Larry Johnson, Vice President of Business Development at Foster. “Now, Orevac 18300M will be available to medical OEM’s as a material tool to solve difficult extrusion and injection molding adhesion, and joining issues more effectively than what has been available.”
*Orevac is a registered trademark of SK Functional Polymer.
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About Foster Corporation
For over thirty-five years, Foster Corporation has been serving medical device and pharmaceutical manufacturers with industry leading technology and services in biomedical materials. These include custom medical compounds, highly engineered compounds, implantable materials, drug/polymer blends and value-added supply chain solutions. Within ISO 13485:2016 facilities, Foster offers comprehensive support to customers from formulation development through production. Foster’s mission is to create the highest value for customers requiring engineered polymeric solutions that enable medical device technologies and improve the quality of life. For more information, visit www.fostercomp.com.
About SK Functional Polymer SK Functional Polymer (SKFP) is a subsidiary of giant Korean conglomerate, SK, with more than 100 billions USD revenue in 2019. SKFP is a company headquartered in Paris, France, and created following the acquisition of Arkema’s functional polyolefins business by SK Global Chemical in June 2020. SK Functional Polymer has more than 50 years of experience in the development and supply of specialty polyolefins products from manufacturing