Advanced Polymer Trading Increases Its Research and Development Budget by 40%

APT increases its R&D budget for 2011 by 40%. The extra resources will be used for the market development of products like TAFMER, ADMER, EVAL and MILASTOMER.

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.