Northern Technologies International (NASDAQ:NTIC) develops, manufactures and markets environmentally beneficial products and services. Its primary business is corrosion prevention, supported by the Zerust line of volatile corrosion inhibitor products. These solutions are incorporated into films, bags, papers, coatings, oils and other packaging or industrial applications to help protect metal components and equipment from corrosion during storage, shipment and use.
The company also operates a biobased and compostable materials business under the Natur-Tec brand. Natur-Tec products include compostable resins, films, bags and other items designed for applications such as food-waste collection, packaging and disposable products. In addition to its product offerings, Northern Technologies provides technical support and corrosion-management services to help customers select, apply and monitor protective solutions.
Founded in 1970 and headquartered in Circle Pines, Minnesota, Northern Technologies serves industrial, automotive, oil and gas, electronics, packaging, agricultural and consumer markets. The company markets its products internationally through subsidiaries, distributors, licensees and other commercial partners across North America, Europe, Asia and other regions. G. Patrick Lynch serves as the company’s president and chief executive officer.
