# McCLARIN Composites and ExxonMobil Proxxima sign joint development agreement

McCLARIN Composites executed a Joint Development Agreement with ExxonMobil's Proxxima business to accelerate high-speed closed mold composites manufacturing. The agreement includes a multi-million-dollar investment in automated RTM infrastructure at McCLARIN's Oklahoma facility.

- Type: Partnership
- Announced: 2024-12-03
- Where: Oklahoma, United States
- Status: announced
- Products: high-speed Resin Transfer Molding (RTM) technology, Proxxima polyolefin thermoset system
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md), [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [ExxonMobil](https://endata.com/companies/1345.md) (partner)
- [McCLARIN Composites](https://endata.com/companies/81500.md) (partner)

## Sources

- [proxxima.com](https://www.proxxima.com/en/resources/news/mcclarin-composites-executes-joint-development-agreement), 2024-12-03: "The commitment and investment that ExxonMobil has made to the composites industry since its entrance with the Proxxima™ platform has been incredible."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.