For its reward Symyx stands to pocket up to 5% of sales of malleable polypro.
In 2002 General Electric licensed Symyx's technology after Symyx notified GE of potential infringement.
FORBES: Upstart Symyx is shaking up the stodgy chemicals industry.
Symyx Technologies, a firm in Santa Clara, California co-founded by Dr Schultz, is more optimistic.
Raade started Halotechnics with an investment from Symyx and a license to its intellectual property.
D. in mechanical engineering, Raade was working at a Silicon Valley materials science company called Symyx in 2009.
Just as high-speed technology transformed the way scientists discover drugs, Symyx is poised to do the same for materials.
FORBES: Upstart Symyx is shaking up the stodgy chemicals industry.
"You can have the wrong guy with the right instrument, " says Peter Schultz, Symyx's founder and now a director.
FORBES: Upstart Symyx is shaking up the stodgy chemicals industry.
Symyx had to concoct a new catalyst that could withstand such high heat.
FORBES: Upstart Symyx is shaking up the stodgy chemicals industry.
Symyx's only real competition is outside the U.S., from Dutch firm Avantium, HTE in Germany and Chemspeed Technologies in Switzerland.
FORBES: Upstart Symyx is shaking up the stodgy chemicals industry.
Merck is using Symyx's tools to test forms of drug candidates to determine their physical properties before giving them to humans.
FORBES: Upstart Symyx is shaking up the stodgy chemicals industry.
Symyx is shaking up the slow-moving world of chemicals by applying tools borrowed from the drug industry: miniaturization and high-speed automation.
FORBES: Upstart Symyx is shaking up the stodgy chemicals industry.
Symyx is helping ExxonMobil discover new catalysts to remove sulfur from gasoline, make better motor lubricants and find cheaper ways to produce plastic for trash bags.
The discovery belongs not to the inventor of Scrubbing Bubbles and Saran Wrap but to a little-known company in Santa Clara, Calif. called Symyx.
FORBES: Upstart Symyx is shaking up the stodgy chemicals industry.
In the first round Symyx researchers mixed these solutions with propylene gas to find out which ones catalyzed the most plastic at 167 degrees.
FORBES: Upstart Symyx is shaking up the stodgy chemicals industry.
In April 2002 Symyx handed over the new catalyst to Dow.
FORBES: Upstart Symyx is shaking up the stodgy chemicals industry.
"If scientists had used scientific theory to guide them, the pyridylamine catalysts would likely never have been discovered, " says Vincent Murphy, an organometallic chemist at Symyx.
Still, Swogger decided to throw Symyx's chief technical officer, W. Henry Weinberg, a preliminary challenge: Come up with the best configuration of catalysts to make plastics.
FORBES: Upstart Symyx is shaking up the stodgy chemicals industry.
The Symyx and Dow scientists were surprised at the finding.
FORBES: Upstart Symyx is shaking up the stodgy chemicals industry.
That year a German chemistry journal published a paper which, without naming Symyx, clobbered its approach, stating that tests done in small quantities could not be reproduced in larger batches.
FORBES: Upstart Symyx is shaking up the stodgy chemicals industry.
Symyx moved quickly to secure patents, locking up the field of high-speed materials combination in the U.S. Dow and ExxonMobil dropped plans to develop their own tools when they bumped up against Symyx's patents.
Symyx has developed a machine as big as a walk-in closet that can mix thimble-size quantities of chemicals and metals in parallel, in up to 1, 000 combinations per day, to test and create new materials.
FORBES: Upstart Symyx is shaking up the stodgy chemicals industry.
Symyx got its start in 1994, the brainchild of Peter Schultz, a chemist who several years earlier at the University of California, Berkeley hit on the idea of applying the techniques of rapid drug-screening to materials science.
FORBES: Upstart Symyx is shaking up the stodgy chemicals industry.
Weinberg and a group of 12 scientists from Dow and Symyx, some steeped in arcane specialties like organometallic chemistry, assembled a diverse array of molecules and metals plucked from Symyx's library of more than 5, 000 catalyst candidates.
FORBES: Upstart Symyx is shaking up the stodgy chemicals industry.
In late 2000 Symyx went to work.
FORBES: Upstart Symyx is shaking up the stodgy chemicals industry.
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