PolyOne Corporation and Zyvex Performance Materials have jointly received US$4.9 mln grant from the Ohio Third Frontier Commission that will fund the further development and production of carbon-nanotube (CNT) composites. The highly-competitive Third Frontier grant program was created to increase Ohio's high-tech research capabilities by promoting collaborative innovation.
Both the partners will work to develop 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.
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