Cape Cod-based Cellect Technologies now will concentrate solely on low-carbon-impact specialty foams, including Opflex-brand materials for oil spill cleanup and Microflex LCI for yoga mats and other consumer applications.
Scott Smith, president and owner of Cellect, said in a news release that the deal strengthens his firm’s capital position. He added that the company plans to establish a new headquarters in Florida, Alabama or Massachusetts.
Source: plasticsnews.com
