Xeriant and Movychem form joint venture for eco-friendly fire retardant

Xeriant and Movychem signed a definitive agreement to establish a 50/50 joint venture that has acquired exclusive worldwide rights to the patented Retacell eco-friendly fire retardant technology. The joint venture will develop applications and commercialize products derived from Retacell.

“The Movychem agreement is a landmark achievement and represents a significant revenue opportunity for Xeriant.”sec.gov

• 1 source
• sec.govxeri_ex991.htmApr 4, 2022

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