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McCLARIN Composites Executes Joint Development Agreement with ExxonMobil's Proxxima™ Business for Breakthrough in High-Speed RTM

 HANOVER, PA (December 3, 2024) McCLARIN Composites has executed a game-changing Joint Development Agreement with ExxonMobil's Proxxima™ business, aiming to disruptively accelerate the growth of high-speed closed mold composites manufacturing. 
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ExxonMobil announces licensing agreement to expand proprietary rebar processing technology to global markets
  • ExxonMobil acquires the exclusive overseas licensing rights for Neuvokas Corporation’s proprietary composite rebar manufacturing process.
  • ExxonMobil’s Proxxima™ polyolefin thermoset resin system paired with this patented process delivers a cost-effective, corrosion free, lightweight and long-lasting rebar as an alternative to steel.
Infrastructure
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ExxonMobil adopts Advanced Polymers Coatings' new TriFLEX™ technology for railcars
  • ExxonMobil is an early adopter of TriFLEX™ technology which utilizes ExxonMobil’s own Proxxima™ polyolefin thermoset resin system.
  • TriFLEX™ is an innovative coating combining superior anticorrosion and UV resistance in a single application.
  • Extended coating life brings up to 30% cost savings over the life of the rail car and increased operational efficiency over current epoxy exterior protection coatings by reducing the amount of time the car is out of service for recoating.
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Driving mobility innovation and value through collaboration Fraunhofer ICT and Materia Inc., a subsidiary of Exxon Mobil Corp, have signed a multi-year collaboration agreement to advance the understanding as to how ProxximaTM resin systems can drive adoption of affordable composites in structural automotive components.
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McCLARIN Composites Building from the strategic collaboration and asset purchase completed during #CAMX last year, McCLARIN Composites and the #ProxximaTM business of #ExxonMobil have now executed a Joint Development Agreement for high-speed machine-driven Resin Transfer Molding (RTM) of composites based on the Proxxima™ polyolefin thermoset system. 
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