MuCell Extrusion is finally coming into its own as an in-demand technology for producing extruded plastic products. For the first time in the company's history, the sale of plastic extrusion products made using MuCell Extrusion technology has exceeded $100 million in sales over a 12-month period, according to Mark Lindenfelzer, president of MuCell Extrusion.
"We measure our success based on the success of our licensee customers in generating top line sales of products using our microcellular physical foaming technology," said Lindenfelzer. "We have been closely tracking our progress toward the goal of $100 million in annual sales by our customers for several years now. A surge in sales of blowmolded automotive ductwork by our customer Kyoraku in Japan, combined with growth in the packaging industry, really pushed us over the top as we wrapped up the first half of 2014."
MuCell Extrusion first achieved the milestone of $10 million in annual sales of products made using its technology in 2009. The rapid acceleration of MuCell Extrusion technology to achieve this 10-fold increase in only five years has come across many processes and applications around the globe.