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Cooper Standard licenses its proprietary Fortrex material platform to PolyOne

12/13/2018 - Novi, MI - Cooper Standard (CPS) has licensed its proprietary Fortrex material platform to PolyOne Corp., a provider of specialized polymer materials, services and solutions. With its extensive commercial resources, customer base and materials science capabilities, PolyOne can now sell Fortrex-based formulations into select markets within key consumer and industrial segments, including applications in electrical/electronics, healthcare and complex industrial products. Cooper Standard exclusively retains all rights to Fortrex in its product lines. Cooper Standard will generate revenue and profit from royalty income based on PolyOne's sale of Fortex-based polymer formulations to its customers. "We are excited to have established a relationship with PolyOne," said Jeffrey DeBest, president, Advanced Technology Group, Cooper Standard. "The versatility of the Fortrex material platform combined with PolyOne's broad market access and extensive sales force represents a unique opportunity for both companies. This agreement will accelerate the advancement of Fortrex chemistry into industries outside of automotive, an important step toward our company's strategic goal of diverse market growth for our materials science innovations." "This technology will allow our customers to tap a leading-edge solution for demanding applications and we're excited to begin adding these new formulations to our expanding specialty elastomer portfolio," said Christopher Pederson, president, Specialty Engineered Materials at PolyOne. Fortrex is an innovative lightweight elastomeric material platform developed through Cooper Standard's i3 innovation process that offers significant performance advantages over EPDM synthetic rubber, TPV and many other materials in terms of weight reduction, compression set, weathering and durability. Fortrex, which won the 2018 Automotive News PACE Award, can take on many forms, including dense extrusions, foams, films and membranes that can be tuned for an endless list of applications and performance solutions.

Thursday, January 17, 2019

Rogers Corporation introduces FDA compliant UHMW-PE films for specialty hoses - click to expand

Ohio Rubber Group holds winter technical meeting January 29 - click to expand

Global industrial rubber market forecast to reach $167 billion by 2026 - click to expand

Rubber Division, ACS, requests nominations for the 2020 Science & Technology Awards - click to expand

Global synthetic rubber market forecast with a CAGR of 5.5 percent through 2025 - click to expand

Wednesday, January 16, 2019

Retread tires market to grow at a CAGR of 4.6 percent through 2028 - click to expand

Preferred Compounding acquires Valley Rubber Mixing and Glo-Mold - click to expand

Freudenberg BlueSeal helps trucks and SUVs - click to expand

Goodyear declares quarterly dividend of 16 cents per share - click to expand

RISE project shows the profitability of extracting oil from tires - click to expand

Tuesday, January 15, 2019

Europe and CIS tire market forecast at $51 billion by 2023 - click to expand

Indonesia is ready to coordinate with Thailand and Malaysia to address declining rubber prices - click to expand

Anne Forristall Luke elected vice chair of the National Association of Manufacturers (NAM) Council of Manufacturing Associations (CMA) board of directors - click to expand

Falken Tire's ZIEX ZE001 A/S selected as factory standard tire for Subaru's Crosstrek hybrid - click to expand

Global rubber glove market forecast to reach $7.3 billion by 2023 - click to expand

Monday, January 14, 2019

Goodyear to present at Deutsche Bank Auto Industry Conference - click to expand

Global injection molding machine market size forecast at $22.45 billion by 2025 - click to expand

Cooper Tire to present at Deutsche Bank 2019 Global Auto Industry Conference - click to expand

Zeon establishes Czech subsidiary to sell raw materials for auto parts - click to expand

China to establish a rubber based free trade zone in Sri Lanka - click to expand

Friday, January 11, 2019

Shin-Etsu plans $23 million expansion of its Akron, OH, silicone facility - click to expand

Goodyear to webcast its presentation at the 2019 Wolfe Research Global Auto Industry Conference - click to expand

Abstracts solicited for 2019 International Elastomer Conference - click to expand

Book of the Day - Resistance and Stability of Polymers - click to expand

ARPM creates digital training modules for rubber manufacturers - click to expand

Thursday, January 10, 2019

Rex Gauge introduces the DD-5 digital durometer - click to expand

Falken Tires selected as original equipment supplier for the 2019 Jeep Wrangler Rubicon - click to expand

TA Instruments introduces high sensitivity pressure cell for the ARES-G2 rheometer - click to expand

Silicone film market forecast to reach $1 billion by 2023 - click to expand

Market Reports

Agricultural and food grade rubber conveyor belt market to grow at a CAGR of 4.9% through 2028 - click to expand

Global silica for S-SBR market forecast with a CAGR of 7.2% through 2028 - click to expand

Silicone to lead the wearable materials market forecast at $2.9 billion by 2023 - click to expand

Global industrial rubber market forecast to reach $167 billion by 2026 - click to expand

Global synthetic rubber market forecast with a CAGR of 5.5% through 2025 - click to expand

Aircraft elastomers market to grow at CAGR Of 5.1% through 2023 - click to expand

Retread tires market to grow at a CAGR of 4.6% through 2028 - click to expand

Europe & CIS tire market is forecast at $51 billion by 2023 - click to expand

Global rubber glove market forecast to reach $7.3 billion by 2023 - click to expand

Global injection molding machine market size forecast at $22.45 billion by 2025 - click to expand

Silicone film market forecast to reach $1 billion by 2023 - click to expand

Global water-based adhesive market forecast to reach $21.3 billion by 2024 - click to expand

Global market for liquid silicone rubber forecast at $7.9 billion by 2026 - click to expand

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