) has signed a deal with
Applied Minerals, Inc.
), a leading global producer of halloysite clay solutions. Under
the deal, Aldrich Materials Science, a strategic technology
initiative of Sigma-Aldrich, will market and distribute research
quantities of Dragonite halloysite clay. Applied Minerals, on the
other hand, will market its halloysite clay solutions to
customers through its domestic and international sales network.
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Applied Minerals is a leading producer of halloysite clay, which
is offered under the Dragonite brand. The Dragonite halloysite
clay, due to its high surface area, non water swelling nature,
small particle size and unique porous tubular morphology, is able
to adsorb around 85%-245% of its weight in oil in a seawater
environment. Applications of the material include high-value
solutions for flame retardancy, controlled release, environmental
remediation, nanocomposites as well as many other areas.
Due to its unique properties, Dragonite halloysite clay is widely
used by researchers to deliver environmentally sustainable
solutions in a growing number of high value applications. The
addition of the product will increase the portfolio of
Sigma-Aldrich that caters to engineers and materials scientists.
Sigma-Aldrich is a leading life sciences and high technology
company. It develops, manufactures and distributes various
biochemicals and organic chemicals. These chemical products and
kits are used in scientific and genomic research, biotechnology,
pharmaceutical development, diagnosis of diseases and chemical
manufacturing. The company operates in 40 countries and offers
130,000 products. Through Sigma-Aldrich's global presence,
Dragonite can be extended to researchers all over the world.
Sigma-Aldrich currently maintains a Zacks Rank #3 (Hold).
Other companies in the specialty chemicals industry with a
favorable Zacks Rank are
Prospect Global Resources, Inc.
). While Balchem holds a Zacks Rank #1 (Strong Buy), Prospect
Global retains a Zacks Rank #2 (Buy).