Northern Technologies International Corporation (MASDAQ: NTIC) develops, markets, and sells rust and corrosion inhibiting products and services to the automotive, electronics, electrical, mechanical, military, retail consumer, and oil and gas markets. The company provides rust and corrosion inhibiting products, such as plastic and paper packaging, liquids and coatings, rust removers and cleaners, diffusers, and engineered solutions designed for the oil and gas industry under the ZERUST brand name. It also provides a portfolio of biobased and biodegradable polymer resin compounds and finished products under the Natur-Tec brand. The company offers on-site technical consulting for rust and corrosion prevention issues. Products and services are provided through a direct sales force, a network of independent distributors and agents, manufacturerÂs sales representatives, strategic partners, and joint venture arrangements primarily in North America, South America, Europe, Asia, and the Middle East. The company was founded to provide oil analyzer instruments but expanded its business to provide a variety of corrosion inhibiting products and corrosion control management services with sales and technical support reach in more than 50 countries. It sells its products under Zerust and Excor brand names. The company also manufactures and sells a range of bio-based and biodegradable polymer resin compounds and products under the Natur-Tec brand name for various applications, such as blown-film extrusion, extrusion coating, and injection molding. Further, the company provides Polymer Energy solution, which converts plastic waste into hydrocarbons. It sells its products directly and through a network of independent distributors, manufacturer sales representatives, and joint ventures.
