Lonza, JFC Technologies and Novoset LLC Announce a Strategic Collaboration to Advance High Performance Materials Offerings

August 24,2011 Basel, Switzerland

Lonza, JFC Technologies and Novoset LLC announce today they have entered into a specialized production and marketing collaboration for Lonza’s High Performance Materials (HPM) business. The collaboration was formed to provide new and improved product solutions to high-tech markets such as aerospace and electronics.

Under the agreement JFC Technologies will provide chemical modifications of Lonza‘s Primaset™ and Lonzacure™ product range as identified by Novoset to address market needs. Novoset LLC and Lonza will collaborate with industry innovators, end users, and Original Equipment Manufacturers (OEM) to develop innovative system solutions using Lonza’s products.

“We are pleased to enter into this agreement with Novoset LLC and JFC Technologies to accelerate market penetration and growth for Lonza‘s HPM business,” said Ken McMahon, Senior Vice President and Head of Performance Intermediates for Lonza. “Together with Novoset’s market knowledge and JFC’s technical knowledge, we will boost our pipeline for innovative products and applications.”

Lonzacure™ are aromatic amines used as chain extender in polyurethanes, epoxy resins and polyurea coating. Primaset™ are cyanate esters used as matrix resins in composites materials.

 

About Lonza

Lonza is one of the world's leading suppliers to the pharmaceutical, healthcare and life science industries. Products and services span its customers’ needs from research to final product manufacture. It is the global leader in the production and support of active pharmaceutical ingredients both chemically as well as biotechnologically. Biopharmaceuticals are one of the key growth drivers of the pharmaceutical and biotechnology industries. Lonza has strong capabilities in large and small molecules, peptides, amino acids and niche bioproducts which play an important role in the development of novel medicines and healthcare products. In addition, Lonza is a leader in cell-based research, endotoxin detection and cell therapy manufacturing. Furthermore, the company is a leading provider of value chemical and biotech ingredients to the nutrition, hygiene, preservation, agro and personal care markets.

Lonza is headquartered in Basel, Switzerland and is listed on the SIX Swiss Exchange. In 2010, the company had sales of CHF 2.680 billion. Further information can be found at www.lonza.com.

 

About Novoset LCC

Novoset LLC was established in 2011 as a marketing company specializing in high performance thermoset plastics and formulated intermediates products for the electronics, aerospace, space and defense industries. Novoset‘s manufacturing partners are world leading producers of thermoset resins and various advanced intermediates companies with backward integrated feedstock capabilities.

Novoset is located in Peapack, New Jersey, USA. Further information can be found at www.novoset.com.

 

About JFC Technologies

JFC Technologies is a privately held company established in 1970. JFC Technologies is researcher, developer and manufacturer of applied materials and pharmaceutical ingredients.

JFC Technologies is located in Bound Brook, New Jersey, USA. Further information can be found at www.jfctechnologies.com

 

For further information:

Lonza Group Ltd
Head of Corporate Communications
Dominik Werner
Tel +41 61 316 8798
Fax +41 61 316 9798
dominik.werner@lonza.com

Lonza Group Ltd
Investor Relations
Dirk Oehlers
Tel +41 61 316 8540
Fax +41 61 316 9540
dirk.oehlers@lonza.com

Lonza Group Ltd
Media Relations
Melanie Disa
Tel +1 201 316 9413
Fax +1 201 696 3533
melanie.disa@lonza.com

JFC Technologies
James G. Schleck
President & CEO
Phone +1 732 469 7760
Fax +1 732 469 3666
schleckjg@jfctechnologies.com

Novoset, LLC
Noemi Cservenka
Communication Director
Phone + 1 908 470 4200
Fax +1 908 470 4202
USA@novoset.com

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