MICHELIN will pay royalties to Cabot. for 10 years for the exclusive use of Cabot’s patented liquid-phase rubber mixing technology, which both companies developed four years ago. Value of the payment has not been disclosed.
Cabot describes the patented technology as a liquid-based mixing process that delivers superior dispersion of reinforcing agents such as carbon black within the elastomer and will. create composites with unique properties.
The agreement allows Michelin exclusive rights to use Cabot’s elastomer composite process technology for tyre applications as well as in the other plants and buildings Michelin will operate.
Meanwhile, manufacturers of non-tyre rubber products can take advantage of this technology directly from Cabot through its Transfinity brand of elastomer composite products, which enable users to engineer longer
lasting and/or smaller products for demanding applications in the mining, defence, automotive and aerospace industries.(RJA)