PolyOne and Zyvex Performance Materials Announce Agreement to Develop Carbon-Nanotube Thermoplastic Composites
March 11 2009 - 4:00PM
PR Newswire (US)
CLEVELAND, March 11 /PRNewswire-FirstCall/ -- PolyOne Corporation
(NYSE: POL), a premier provider of specialized polymer materials,
services and solutions, and Zyvex Performance Materials, a
recognized worldwide leader in carbon nanotube-enhanced
applications, today announced a joint development agreement to
provide carbon nanotube-filled polymer materials for structural and
electrically conductive applications. PolyOne will compound the
functionalized nanotubes with a variety of high-performance
engineering thermoplastics, and will market and sell the compounds
through its global commercial teams. Zyvex Performance Materials
will provide the chemistry and carbon-nanotube functionalization
necessary to be compatible with select high-end thermoplastics.
PolyOne will supply the compounding technology, product development
and process optimization to take full advantage of the nanotubes
and chemistry. Cecil Chappelow, vice president, innovation,
sustainability and chief innovation officer at PolyOne said, "We
are encouraged by the significant market potential for these new
nanocomposite compounds in applications such as medical packaging,
consumer electronics, and other high-performance products. Our
collaboration with Zyvex is an ideal way to expand on our
commitment to developing solutions that provide our customers with
the innovation needed for long-term growth." Lance Criscuolo,
president of Zyvex Performance Materials explained, "This is a real
breakthrough development agreement, combining the resources and
innovations of PolyOne with our carbon nanotube technology. We are
pleased to be developing these products with another Ohio industry
leader. We anticipate PolyOne will utilize the technology to
provide highly conductive and mechanically enhanced materials that
will be superior to current products available in the market."
Included in the joint development is Stratek Plastic Ltd.
(Wallingford, CT), an advanced process development company that
will leverage its Tek-Mix(R) blending technology to optimize
nanotube dispersion aimed at maximizing material performance.
Unique material enhancements are made possible by carbon nanotube
technology. When carbon nanotubes are treated and processed for
optimum dispersion and bonding, the resulting lightweight compounds
gain strength and conductivity. These improvements will enable
production of complex, structural designs with added EMI/RFI
shielding, thermal conductivity, and anti-static capabilities.
About PolyOne PolyOne Corporation, with annual revenues of more
than $2.7 billion, is a premier provider of specialized polymer
materials, services and solutions. Headquartered outside of
Cleveland, Ohio USA, PolyOne has operations around the world. For
additional information on PolyOne, visit our Web site at
http://www.polyone.com/. About Zyvex Performance Materials Based in
Columbus, Ohio, Zyvex Performance Materials Inc. was spun out of
Zyvex Corporation in April 2007. Zyvex Performance Materials is
focused on developing nanotechnology to improve the properties of
composite materials. The company's patented technology allows
composites to take advantage of the superior physical and chemical
properties of carbon nanotubes by enabling the even dispersion of
carbon nanotubes in composites mixtures. Zyvex Performance
Materials was the first company to provide carbon nanotube enhanced
products to the marketplace. For additional information on Zyvex
Performance Materials, visit our Web site at
http://www.zyvexpro.com/. About Stratek Plastic Stratek Plastic
Ltd., located in Wallingford, CT, is a leader and innovator in the
development of advanced processing and blending technologies. For
additional information on Stratek, visit our Web site at
http://stratekplastic.com/. To access PolyOne's news library
online, please go to http://www.polyone.com/news DATASOURCE:
PolyOne Corporation CONTACT: Michelle Maniscalco, Media Relations
Manager, +1-440-930-1988, , or Amanda Marko, Director, Corporate
Communications, +1-440-930-3162, , both of PolyOne Corporation Web
Site: http://www.polyone.com/
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