ExxonMobil announced 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 reinforcement sector.

ExxonMobil’s Proxxima system’s ultra-low viscosity and snap cure technology, paired with Neuvokas’ innovative process, enables production speeds up to 20 times faster than traditional composite rebar methods. This process efficiency makes GatorBar one of the most cost competitive alternatives to traditional steel rebar.

GatorBar inherently results in corrosion free, lightweight, long-lasting GFRP rebar while its new Grip technology eliminates slivers common to GFRP competitors. These features further differentiate GatorBar versus traditional steel by delivering reduced transportation costs, simplified handling, faster installation, potential for design optimizations, and value across a broad range of projects. 

The collaboration highlights both companies’ dedication to driving technology innovation and proving cost-effective solutions for the construction industry.