Mallard Creek Polymers Inc. (MCP) has reached agreement with Michelman Corporation to acquire the intellectual property of the Michelman subsidiary, Ecronova Polymer GmbH.

Short-term, Mallard Creek Polymers will offer a limited number of products based on Ecronova recipes and knowhow from several manufacturing partners in Europe. Long-term, Mallard Creek Polymers plans to reestablish the broad product line for customers across Europe, add its North American products to the European portfolio, and introduce Ecronova grades for customers in North America.