"Our alliance with Alcan Composites helps us deliver our unique plastic
resins to the architecture, construction and general industry infrastructure
markets," said Roman Eder, Managing Director, Cyclics GmbH. "Alcan Composites
brings world class expertise in manufacturing technology and market
access via their global distribution network."
Cyclics Corporation recently announced that it has completed the
next round of angel investments which yielded $4 million plus, in
equity. The funding has been slated for product R&D, marketing and commercialization.
Cyclics has raised millions from local investors and becuase of it's
huge growth potential has attracted angel investors from larger cities
including New York, Boston, Chicago and Miami.
Cyclics Corporation, headquartered in Schenectady, New York, manufactures
innovative plastics, based on technology developed and patented by GE,
that offer breakthroughs in processing, making new products possible
and changing the economics of existing ones. Cyclics has an alliance
with Dow Automotive to develop CBT® resins for automotive applications.
The water-like processing viscosities of Cyclics' engineering thermoplastic
products offer improvements in performance and productivity for structural
composites, compounding, casting and rotational molding. Cyclics Corporation
www.cyclics.com
Tim Ullman, Director - Corporate Communications, Cyclics Corporation
- 2135 Technology Drive - Schenectady, NY 12308 - phone 518-881-1411
- FAX 518-881-1439 E-Mail : tim.ullman@cyclics.com
Alcan Composites is a global player comprising eight companies in Europe,
North and South America and China employing 2300 people. It has a unique
configuration with a comprehensive offering ranging from aluminum composite
and sheet materials for the Display & Graphic Arts and Architectural
markets to core materials and sandwich panels for transportation and
general industry. AIREX®, BALTEK®, ALUCORE®, ALUCOBOND®, KAPA®, FOREX®
and DIBOND® are just some of its well-known brands.
Alcan is a multinational, market-driven company and a global leader
in aluminum and packaging, as well as aluminum recycling. With world-class
operations in primary aluminum and fabricated aluminum as well as flexible
and specialty packaging, aerospace applications, bauxite mining and
alumina processing, today's Alcan is even better positioned to meet
and exceed its customers' needs for innovative solutions and service.
Alcan employs 88,000 people and has operating facilities in 63 countries.
Alcan Composites
