ACE Laboratories forms strategic relationship with Advanced Sustainable Polymers

Ravenna, OH – ACE Laboratories (ACE) announced it has reached a collaborative agreement with Advanced Sustainable Polymers Pte Ltd (ASP) of Singapore to develop and commercialize sustainable materials for use in elastomer and asphalt applications.

These materials will include recycled polymers, bio-based polymers and other elastomeric materials that are manufactured in carbon neutral processes. ACE will utilize its state-of-the-art laboratory to conduct studies and analyses of sustainable materials in a range of polymer applications, as well as supporting ASP with the commercialization of these materials in asphalt and non-tire applications.

ASP is committed to building a portfolio of technologies for the global polymer industry that will reduce supply chain carbon emissions and price volatility. The company was founded by Robert Meyer, the Co-founder and former Chairman and CEO of Singapore-listed Halcyon Agri Corporation Ltd.

The new strategic relationship between ACE and ASP will see the two companies work together to develop and qualify materials for commercial applications that offer significant environmental benefits for manufacturers and can help them to meet their sustainability goals.

“We have always had a strong passion to grow sustainability in the polymer industry. We are excited to be working with ASP on this mission to accelerate the development of some of the exciting new technologies and materials that will provide sustainable and real circular solutions for the industry” said Erick Sharp, Founder & CEO of ACE Laboratories.

Robert Meyer added “The future of reliable and cost-efficient polymer supply chains lies in a combination of virgin materials from sustainable origins, and recycled materials. The strategic alliance between ACE and ASP allows us to partner up and share best practices: ASP provides ACE with access to tire-derived polymers (“TDP”), manufactured using the Tyromer process, whilst ACE provides ASP with laboratory and technical support. This is a win-win situation that sets us up to deliver top-notch products and unrivalled services to our clients.”