Advanced Polymer Trading (APT), an international trading company specialising in the world wide trade of rubber, plastics and petrochemicals, has announced a 40% increase in its research and development budget for 2011.
The increased budget will be used for the market development of Mitsui Chemicals' TAFMER, a polyolefin that enhances impact strength and flexibility, Mitsui Chemicals' ADMER adhesive resin, a functionally modified polyolefin that serves as a tie layer in multilayer applications such as films, pipes, tanks or as a coupling agent, and EVAL Europe's EVOH polymers which are particularly suited for food, medical, pharmaceutical, cosmetic, agricultural & industrial packaging and automotive applications.
“We are very pleased to be able to increase our R&D budget this year” said Mr. Hamid Amiri, APT's Managing Director. “We are very proud of our R&D department and the extra resources will be used to expand our market presence by offering technical solutions and giving our customers a competitive edge.”
APT's Research and Development department runs the “APT Lab” which offers one of the best facilities for plastic and polymer R&D within the Middle East. With Ph.D. polymer chemists and a team of well trained scientists, APT is able to provide its clients with expert solutions.