Meraxis partners with AI start-up POLYMERIZE

POLYMERIZE’s platform assists research teams in handling data more effectively and developing new material formulations more efficiently. This in turn drives down development costs for polymer processing companies and expedites the "time to market" for new products. Dr. Stefan Girschik, CEO of Meraxis, highlights: "The partnership with POLYMERIZE strengthens our role as a one-stop shop and driver of digital transformation in the polymer industry. We are firmly convinced that digital solutions such as this one hold the key to increased competitiveness and sustainability. The AI-supported POLYMERIZE software allows polymer converters to considerably shorten their innovation cycles and accelerate the development of sustainable products. We have had very positive results when using the software ourselves."
 

POLYMERIZE's deep-tech solution simplifies the uploading and management of data from test series and analyzes it by means of artificial intelligence, automated workflows, and statistical evaluations. On this basis, the platform optimizes the approach to new material experiments and precisely predicts the test results. The software utilizes AI to propose new formulations or alternative ingredients to produce the required properties, such as a specific elasticity, hardness, or viscosity. In addition, POLYMERIZE minimizes the ecological footprint by helping researchers and formulation developers reduce resource consumption and create formulations with sustainable materials more quickly. Each user's data is stored in an isolated manner. POLYMERIZE deploys state-of-the-art security measures that are audited at regular intervals. This ensures compliance with the ISO 27001 and SOC2 TYPE II data protection standards and the GDPR conformity.

About POLYMERIZE

POLYMERIZE is an AI deep-tech startup founded in Singapore with offices in Japan, Korea, India, and China. They provide a cloud-based Software-as-a-Service material informatics platform, which helps researchers collaborate, generate valuable insights and develop sustainable formulations more effectively and efficiently while reducing toxic emissions. Founded in 2020, POLYMERIZE is backed by global VCs such as Elevation Capital, InfoEdge Ventures, and Entrepreneur First.

Over the past four years since its inception, POLYMERIZE customers globally have experienced highly accurate formulations predictions expediting their development cycles, reducing costs and seeing overall operational & collaboration efficiencies. Surveys have also reported development times accelerated by up to three times, alongside an estimated 30% cost savings.

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About the Meraxis Group

With over 2 billion euros sales, Meraxis is one of the world's leading plastics distributors. In addition to its headquarters in Muri near Bern (Switzerland), the trade group has around 30 locations worldwide. As a full-service provider, the Meraxis Group provides its customers with targeted support in the strategic procurement of polymers and polymer-related products: In the one-stop shop, plastics processors obtain standard plastics (e.g. PE, PP, PET, PVC), engineering plastics, masterbatches, recycled materials, and biopolymers. Meraxis also provides capital goods such as injection molding machines, systems, and tools as well as aids for upstream and downstream production processes.

Meraxis works together with a global network of established suppliers and partners. The company has many years of experience in the development and processing of high-quality polymers as well as in handling complex logistics processes. Meraxis offers comprehensive consulting services: Among other things, the company actively supports plastics processors in the selection and procurement of sustainable materials and the switch to recycled materials. Together with partners and customers, Meraxis is also developing digital solutions to promote the recycling economy and transparency in the value chain. For example, a CO2 footprint tool facilitates the selection of the lowest-emission material.

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