Home / Knowledge / News / Textiles / Duro Textiles to use Alexium's FR Nylon Treatment
Duro Textiles to use Alexium's FR Nylon Treatment
26
Apr '12
Alexium International Group Limited (Alexium) announced it has received a letter of intent from Duro Textiles, LLC to license Alexium's novel flame retardant (FR) treatment under an exclusive commercial agreement. The scope of the license would cover Duro's nylon product areas for military, government agencies, upholstery, and industrial workwear markets in North America.

Duro Textiles is one of the United States' largest dyers, printers, finishers and distributors of textile products. By leveraging technological advances, production experiences and superior quality, Duro is a leader and foremost solution provider for military fabric needs in the US.

Duro's military products range from light to heavy weight fabrics that are used in everything from ultra light-weight-breathable ponchos, tents, sleep systems, physical training uniforms, to the extreme durability of ballistic nylon tactical outerwear.

Duro is also a major fabric supplier to the performance apparel, industrial, tactical, home, and hospitality markets. Duro Industries and sister companies Galey & Lord, and Best Textiles are part of Patriarch Partners, LLC, a private equity firm managing $7 billion in assets in more than 70 companies.

Patriarch Partners-Textile Platform Managing Director Edward W. Ricci II said they are elated to be entering into this strategic alliance with Alexium to bring a revolutionary technology for nylon to various markets.

“We feel that this technology is truly game-changing and we are eager to further develop and commercialize this exciting technology for both military and commercial applications.”

Alexium Chief Technology Officer Dr Bob Brookins said the eco-friendly flame retardant treatment is based on a new flame retardant mechanism that Alexium has discovered and developed for nylon fabrics.

“This innovative technology for synthetic fabrics is based on a unique charring mechanism that extinguishes the flame while preventing any melting or dripping. The properties offer a broad range of applications and we value Duro's partnership in future development and full commercialization,” he said.

Over the coming weeks, both parties will work to formalize the agreement and move aggressively towards transitioning the treatment to a number of commercial nylon customers. Duro and Alexium have agreed to key terms of a commercial agreement.

While the specific terms of the license will remain confidential, the proposed agreement includes an upfront license fee, development cost sharing, machine sales, milestone payments, and royalties based on product sales with minimum quantities.

When fully executed, both parties would anticipate launching a number of new FR nylon fabrics in the next year, and building production capacity to address a lucrative market opportunity.

Together, Duro and Alexium are targeting a market opportunity in excess of 4 million linear yards of nylon. Revenues derived from the agreement will initially be used to accelerate the transition to full production. After a technical ramp-up and market introduction period, this agreement is expected to establish a solid revenue stream for Alexium and will assist the company in expanding into other technology platform areas.


Must ReadView All

Pressure on  Indian textiles exporters to ease by Q3: ICRA

Textiles | On 17th Oct 2017

Pressure on Indian textiles exporters to ease by Q3: ICRA

Pressures on the profit and debt levels of textiles exporters is...

S Korean fashion brands expand overseas amid slump at home

Fashion | On 17th Oct 2017

S Korean fashion brands expand overseas amid slump at home

South Korean fashion firms are keen on tapping into overseas markets...

GMAC urges Cambodia to push fabric-forward rule in RCEP

Apparel/Garments | On 17th Oct 2017

GMAC urges Cambodia to push fabric-forward rule in RCEP

Representatives from the Garment Manufacturers Association of...

Interviews View All

Riddhika Shah
SS Homme

'Worsted wool is the ideal fabric for menswear'

Top executives
Textile industry, India

The event should be organised every year

Evelyne Cholet
UCMTF

‘France had a reputation of being big in new ideas, but poor in marketing...

Nitesh Mittal

Kusumgar Corporates is a leading manufacturer of technical textiles and...

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Hardik Sanghvi

Idealin Fogging Systems has been engaged in designing and manufacturing...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Akta Adani
India Boulevard

India Boulevard is a San Francisco-based curated fashion marketplace that...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

October 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
76.9%
No
13.8%
Skip
9.2%

Total Votes: 65

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.5%
No
27.7%
Skip
10.8%

Total Votes: 65

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
84.6%
No
10.8%
Skip
4.6%

Total Votes: 65

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
73.8%
No
12.3%
Skip
13.8%

Total Votes: 65


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search