Cooper-Standard adds three new agreements for Fortrex platform development
Cooper Standard's Advanced Technology Group announced three new agreements to jointly develop commercial applications of its proprietary Fortrex chemistry platform. Two agreements have been signed with consumer goods companies and the third signed with an industrial goods company, bringing the total agreements signed in 2019 to six. Sspecific customers and targeted product applications will not be disclosed. The ATG is charged with accelerating and maximizing the value stream of Cooper Standard's manufacturing expertise in the company's core process types for applications in the industrial and specialty markets. Fortrex is a chemistry platform used to create lightweight elastomeric materials that aim to offer significant performance advantages over EPDM synthetic rubber, TPV and other materials.