NASHVILLE — Bridgestone Americas Inc. is forming a strategic partnership with Italian polymer producer Versalis S.p.A. to develop technology to commercialize guayule in the agricultural, sustainable rubber and renewable chemical sectors.
The partnership combines Bridgestone's leadership in guayule agricultural and production technologies with Versalis' expertise in commercial-scale process engineering and market development for renewables, Bridgestone said.
This partnership brings together the two largest guayule research projects globally under common management, the tire maker said.
Under this agreement, Bridgestone and Versalis will work together to create a commercially sound technology package for guayule. The two companies will also make their joint technology available to industrial partners willing to cooperate in maximizing the value of guayule products, it said.