Home > Press > PolyOne and Zyvex Performance Materials Awarded Innovation Grant to Develop the Next Generation of Thermoplastics
PolyOne Corporation (NYSE: POL) and Zyvex Performance Materials today announced they are recipients of a $4.9 million grant from the Ohio Third Frontier Commission that will fund the further development and production of carbon-nanotube composites.
PolyOne and Zyvex Performance Materials Awarded Innovation Grant to Develop the Next Generation of Thermoplastics
Cleveland, OH | Posted on May 18th, 2009
The highly-competitive Third Frontier grant program was created to increase Ohio's high-tech research capabilities by promoting collaborative innovation.
Dr. Cecil Chappelow, vice president, innovation, sustainability and chief innovation officer at PolyOne said, "We are honored by this award and confident that our development efforts will yield a significant portfolio of next-generation thermoplastic materials based on carbon nanotubes."
Funding will be used to support ongoing development work initiated several months ago under a joint development agreement between PolyOne and Zyvex Performance Materials to produce carbon nanotube-filled thermoplastics for structural and electrically conductive applications.
Lance Criscuolo, president of Zyvex Performance Materials explained, "This grant underscores both companies' commitment to the technology and our certainty that Zyvex Performance Materials and PolyOne have the expertise needed to drive thermoplastic nanocomposites to the next level of performance. It will also allow us to accelerate our hiring plans and more rapidly introduce our technology commercially."
About PolyOne Corporation
PolyOne Corporation, with 2008 annual revenues of $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 www.polyone.com.
About Zyvex Performance Materials
Based in Columbus, Ohio, 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 even dispersion of carbon nanotubes in composites mixtures. Zyvex Performance Materials was the first company to provide carbon nanotubes-enhanced products to the marketplace. For additional information on Zyvex Performance Materials, visit our Web site at www.zyvexpro.com.
For more information, please click here
+1 (440) 930-3162
Copyright © PolyOne Corporation
If you have a comment, please Contact
Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.
Harris & Harris Group Reports Financial Statements as of December 31, 2014 and Posts Annual Letter to Shareholders on Website March 17th, 2015
Arrowhead to Present at 2015 Barclays Global Healthcare Conference March 4th, 2015
Arrowhead to Present at 2015 RBC Capital Markets' Global Healthcare Conference February 17th, 2015
Iran 1st among Islamic Nations in Scientific Production, Nanotechnology February 16th, 2015
From tobacco to cyberwood March 31st, 2015
Wrapping carbon nanotubes in polymers enhances their performance: Scientists at Japan's Kyushu University say polymer-wrapped carbon nanotubes hold much promise in biotechnology and energy applications March 30th, 2015
Carbon nanotube fibers make superior links to brain: Rice University invention provides two-way communication with neurons March 25th, 2015
Iranian Scientists Eliminate Expensive Materials from Diabetes Diagnosis Sensors March 25th, 2015
Quantum teleportation on a chip: A significant step towards ultra-high speed quantum computers April 1st, 2015
So, near and yet so far: Stable HGNs for Raman April 1st, 2015
Two-dimensional dirac materials: Structure, properties, and rarity April 1st, 2015
3-D neural structure guided with biocompatible nanofiber scaffolds and hydrogels April 1st, 2015
Nanomedicine pioneer Mauro Ferrari at ETH Zurich March 31st, 2015
SUNY Poly CNSE and Title Sponsor SEFCU Name Capital Region Teams Advancing to the Final Round of the 2015 New York Business Plan Competition March 30th, 2015
Princess Margaret scientists convert microbubbles to nanoparticles: Harnessing light to advance tumor imaging, provide platform for targeted treatment March 30th, 2015
FEI Technology Award of the German Neuroscience Society Goes to Benjamin Judkewitz of the University of Berlin: Bi-annual award honors excellence in brain research during the German Neuroscience Society’s Annual Meeting, held 18-21 March 2015 March 26th, 2015