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Cooper Standard licensed its lightweight elastomeric Fortrex material to PolyOne Corp., allowing PolyOne to sell Fortrex-based formulations into select consumer and industrial markets outside automotive. Cooper Standard retains exclusive rights for its own product lines.
“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.”dbusiness.com
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