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Environment

Polyurethane tire deal is set

July 24, 2006 | A version of this story appeared in Volume 84, Issue 30

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Credit: Amerityre
Closed-cell polyurethane foam tire does not require air.
Credit: Amerityre
Closed-cell polyurethane foam tire does not require air.

Amerityre has licensed technology to South Korea's Flatfree to make polyurethane foam tires for items such as bicycles, hand trucks, and wheelbarrows. Amerityre will receive $1 million in license payments over 10 years plus $1 million for equipment; it will also supply the foam chemistry. Last year, the Boulder City, Nev., firm's nonpneumatic polyurethane elastomer tire was qualified to U.S. safety standards for use as a spare tire for passenger cars.

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