# Cooper Standard licenses Fortrex material to PolyOne

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.

- Type: Partnership
- Announced: 2018-12-11
- Where: United States
- Status: announced
- Products: Fortrex lightweight elastomeric material, polymer formulations
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md), [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Cooper Standard](https://endata.com/companies/1751.md) (partner)
- [PolyOne](https://endata.com/companies/5415.md) (partner)

## Sources

- [dbusiness.com](https://www.dbusiness.com/daily-news/cooper-standard-in-novi-license-to-polyone-corp-expands-fortrex-material-beyond-automotive-market/), 2018-12-11: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.