MUTTENZ.
SCHWEIZ, -- (10/03/2005; 0900)(EIS) -- Clariant and
Starfire Systems, Inc., a world leader in polymer-derived,
nanostructured ceramics located in Malta, New York,
announced a broad-based strategic alliance to develop
new technology and new applications in the promising
field of nanostructured ceramic materials and coatings.
Targeted industries include automotive, aerospace,
and microelectronics, Clariant has completed a financial
investment in Starfire as part of their agreement.
Starfire has demonstrated the advantages of their
nanostructured ceramics in the motorcycle and automobile
industry by developing brakes that provide superior
performance at a fraction of the weight of conventional
metal brakes. Recently, Starfire materials were successfully
tested by astronauts on a spacewalk during the July
U.S.
Space Shuttle Discovery mission as a key component
in the heat shield repair kit. Starfire nanostructured
polymers and ceramics are also finding applications
in the chemical process industries and can be used
in the manufacture of semiconductor chips, coating
systems, high temperature filters and handling of
corrosive materials.
Clariant is a global leader in specialty chemicals
such as multifunctional polysilazane-based coatings
offering leading edge technology driven by innovative
solutions. Clariant brings their global marketing
reach, process expertise and production capacity
to the partnership. The companies expect to uncover
attractive new opportunities by combining Clariant's
expertise in polysilazanes with Starfire's polycarbosilane
based materials.
Starfire Systems President and CEO, Richard Saburro,
commented on the agreement, "Clariant provides
us with resources and market access to rapidly deploy
our technology in key industries worldwide. They
maintain strong relationships in the automotive and
electronic industries and are a global leader in
silane-based polymer technology that we expect will
extend the temperature range of our materials and
open up exciting new applications and markets. We
are very pleased to announce this important partnership."
Hubert Liebe, Head of New Business Development at
Clariant, commented, "High performance ceramics
have been sought by industry for a long time but
have been too costly with current technology and
manufacturing methods. We look forward to working
with the Starfire team to offer a new generation
of high value products based on practical, high performance,
nanostructured ceramics and coatings."
Clariant Investor Relations:
Phone: +41 61 469 67 48
Fax: +41 61 469 67 67
Holger Schimanke - Phone: +41 61 469 67 45 Fabian
Hildbrand - Phone: +41 61 469 67 49
Clariant Media Relations:
Fax: +41 61 469 65 66
Walter Vaterlaus - Phone: +41 61 469 61 58 Rainer
Weihofen - Phone: +41 61 469 67 42
Starfire Systems Inc.
Phone: +1 518 899 93 36
Richard Saburro - Phone: +1 518 899 93 36 Herb Armstrong
- Phone: +1 518 899 93 36
Clariant - Exactly your chemistry.
Clariant is a global leader in the field of specialty
chemicals.
Strong business relationships, commitment to outstanding
service and wide-ranging application know-how make
Clariant a preferred partner for its customers.
Clariant, which is represented on five continents
with over 100 group companies, employs about 25,000
people. Headquartered in Muttenz near Basel, it generated
sales of around CHF 8.5 billion in 2004.
Clariant's businesses are organized in five divisions:
Textile, Leather & Paper Chemicals, Pigments & Additives,
Functional Chemicals, Life Science Chemicals and
Masterbatches.
Clariant is committed to sustainable growth springing
from its own innovative strength. Clariant's innovative
products play a key role in its customers' manufacturing
and treatment processes or else add value to their
end products. The company's success is based on the
know-how of its people and their ability to identify
new customer needs at an early stage and to work
together with customers to develop innovative, efficient
solutions. www.clariant.com
Starfire Systems
Starfire Systems, Inc. offers a wide range of patented
silicon carbide
(SiC) ceramic forming polymers and material systems
that companies use to meet performance and cost targets
where high temperature, corrosion resistance, wear
resistance, and weight are requirements that must
be met. www.starfiresystems.com
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