Exxonmobil announces licensing agreement to expand proprietary rebar processing technology to global markets

Spring, texas--(business wire)--exxonmobil announced today a strategic licensing agreement with neuvokas corporation, producer of gatorbar®, an industry leading glass fiber reinforced polymer (gfrp) composite rebar. under this agreement, exxonmobil has obtained exclusive rights to sub-license neuvokas' proprietary manufacturing process in markets outside of north america. this collaboration marks a significant step towards expanding the global market of composite rebar within the concrete reinf.
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