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Ascend company field
[Music] how can we stop the spread of kobe 19 while we wait to get vaccinated the big damage is already out of control and that's before we get hit with this extra virulent new strain from the uk we need every tool in the arsenal to slow this thing down including better mass which brings me to ascend performance materials that's a major privately held specialty chemical maker over the summer these guys announce a new product they call it active product product protect it's a microbe resistant fabric they embed zinc ions in the fabric then it kills all sorts of bacteria and viruses including covet we know this because the sense had it studied by third-party laboratories in september the company launched a reusable face mask made from active protect and they're working on additional versions including hospital mass and gowns i think this could be exactly what we need so let's take a closer look with phil mcdevitt he is the president ceo of ascend performance materials to learn more about this new microbe resistant material mr mcdivitt welcome to mad money uh jim it's a great pleasure and honor to be on with you today oh you're very kind phil one thing i know and i read about in the papers all the time is there a shortage there is a shortage of just what i have in my hand which is a high quality mask that people can wear all over the place we seem to have a lot of ones that are creative but not many that seem to work as well as this so tell me about how you can help solve this what i regard as a public health problem well jim we actually started to develop this active technology about four years ago really searching to find a material that would kill bacteria and as covet 19 hit we turned and started to look at the effectiveness of this material in killing viruses and as you mentioned we've had over 500 tests done by third party labs and we we are able to kill a broad range of bacteria and viruses including covid19 now the beauty of of this active technology is that the material starts out like this as pellets and then we can actually formulate it into a wide variety of applications into fibers for filtration into cloths for clothing and masks into films for packaging so we have a wide range of applications that this technology can go into okay so why isn't can this scale because to me it's the answer to a lot of people's uh most pressing problem to try to stop the spread so jim we're a we're a 70 year old company maybe one of the largest companies you come in contact with every day that you haven't heard of about two and a half billion dollars in sales and we have run this material on our world scale assets we're the largest integrated producer of nylon 66 in the world with almost all of our manufacturing assets right here in the usa now on one thing i want to tell people i wore this for most of the day phil i don't know how it you know i don't want me to grow so to speak but it doesn't smell well that's the beauty of this technology because if you think about athletic wear which is where this technology started your athletic wear smells because you sweat and you have bacteria that form on the fabric with our technology we kill bacteria and viruses at 99 plus percent on contact therefore you never have a smell form and the beauty of this technology is that it's sustainable our technology because we embed the zinc into the polymer itself you can wash this material over and over and it doesn't lose its effectiveness so no single use issue with active technology right so we know that the n95 is a registered by the government mask is this equal to that i know this it's very hard to make certain claims because the government according to 3m and honeywell is very stringent on who can claim this kind of uh let's say protection so we have actually a wide variety of ppe that we've developed now the the mask that you have which is which is this mask is is a fabric mask a general purpose mask similar to this non-woven mask which is made out of media that's very similar to what you find in your air filter at home we also have developed level one surgical masks and level three surgical masks and are working right now with a producer outside of the us on an n95 this is already a niosh approved n95 mask that we're able to apply our active technology to so this has the capability to be used in a wide range of applications and if you just think about going beyond masks think about your hospital workers your nurses and doctors who are in our active scrubs think about if you're a patient wearing an active patient gown laying on active sheets and having air filtered through active containing filters we believe that we can bend the curve on uh airborne bacteria and viruses that have caused health problems uh in this world for centuries all right so the last question phil people are watching they no doubt say i want well they don't necessarily want to make a money mask because i'd like that i want one of those what you're really probably a wholesaler right no individual can get uh mass from you well you can so first of all we're a technology company uh first and foremost and so we actually are working with well over 100 different companies who we've signed non-disclosure agreements with for uh four different uses for active our us are uh ascend as a company because we saw the need we actually got into the production of of masks ourselves and you can learn more about those masks at active.comactev.com and then forward slash mad money you'll be able to learn more about the technology more about the wide variety of products that we have that are available and really the you know what we see is the future for how we have an active world as active makes it its way into a broad range of applications i want to thank you so much for coming on mad money and for everything you're doing to help stop the spread of this illness bill mcdivities the president ceo of ascend performance materials great to meet you sir thank you for coming on the show thank you very much jim all right we had money we'll be back [Music] don't miss a second of mad money follow at jim kramer on twitter have a question tweet cramer hashtag mad tweets send jim an email to madmoney cnbc.com or give us a call at 1-800-743-cnbc miss something head to madmoney.cnbc.com shepard smith here thanks for watching cnbc on youtube
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