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Hydromer, Inc. Announces the Restructuring and Formation of World-Class Research and Development Division to Drive Innovation and New Product Development

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Hydromer, Inc. (OTC: HYDI), a leader in hydrophilic coating technologies, has announced the formation of a new Research and Development (R&D) division. This restructuring introduces a world-class science team focused on innovation and performance, adding two Ph.D. chemists and one M.S. chemist. Dr. Yonghua Zhou, Ph.D. in Polymer Science, will lead the team, bringing extensive experience in polymer science and new product development.

The company aims to enhance product offerings, improve operational efficiency, and drive future growth. Under new executive leadership, Hydromer has refocused on improving financial reporting, enhancing operational efficiencies, and advancing coating technologies. The R&D team will work on developing advanced coatings that are more durable and environmentally friendly, addressing growing regulatory restrictions on harmful solvents.

CEO Mike Torti stated that this strategic move is expected to reposition Hydromer as a leader in product development and innovation, opening new doors and markets for the company's growth.

Hydromer, Inc. (OTC: HYDI), un leader nelle tecnologie di rivestimento idrofili, ha annunciato la creazione di una nuova divisione di Ricerca e Sviluppo (R&S). Questa ristrutturazione introduce un team scientifico di livello mondiale concentrato su innovazione e prestazioni, aggiungendo due chimici con dottorato e un chimico con un master. Il Dr. Yonghua Zhou, dottore di ricerca in Scienza dei Polimeri, guiderà il team, portando una vasta esperienza nel campo della scienza dei polimeri e nello sviluppo di nuovi prodotti.

L'azienda mira a migliorare l'offerta dei prodotti, aumentare l'efficienza operativa e stimolare la crescita futura. Sotto una nuova leadership esecutiva, Hydromer si è riorientata per migliorare la rendicontazione finanziaria, ottimizzare le efficienze operative e far progredire le tecnologie di rivestimento. Il team di R&S lavorerà allo sviluppo di rivestimenti avanzati che siano più durevoli e ecologici, affrontando le crescenti restrizioni normative sugli solventi dannosi.

Il CEO Mike Torti ha dichiarato che questa mossa strategica è destinata a riposizionare Hydromer come leader nello sviluppo dei prodotti e nell'innovazione, aprendo nuove opportunità e mercati per la crescita dell'azienda.

Hydromer, Inc. (OTC: HYDI), un líder en tecnologías de recubrimientos hidrofílicos, ha anunciado la creación de una nueva división de Investigación y Desarrollo (I+D). Esta reestructuración presenta un equipo científico de clase mundial enfocado en la innovación y el rendimiento, sumando dos químicos con doctorado y un químico con maestría. El Dr. Yonghua Zhou, Ph.D. en Ciencia de Polímeros, liderará el equipo, aportando una amplia experiencia en ciencia de polímeros y desarrollo de nuevos productos.

La empresa tiene como objetivo mejorar la oferta de productos, aumentar la eficiencia operativa y impulsar el crecimiento futuro. Bajo un nuevo liderazgo ejecutivo, Hydromer ha reenfocado sus esfuerzos en mejorar los informes financieros, optimizar las eficiencias operativas y avanzar en las tecnologías de recubrimiento. El equipo de I+D trabajará en el desarrollo de recubrimientos avanzados que sean más duraderos y ecológicos, abordando las crecientes restricciones regulatorias sobre solventes dañinos.

El CEO Mike Torti declaró que este movimiento estratégico se espera que reposicione a Hydromer como un líder en desarrollo de productos e innovación, abriendo nuevas oportunidades y mercados para el crecimiento de la empresa.

Hydromer, Inc. (OTC: HYDI), 수분 친화적 코팅 기술의 선두주자가 새로운 연구 및 개발(R&D) 부서를 설립했다고 발표했습니다. 이 재구성은 혁신과 성과에 집중하는 세계적 수준의 과학 팀을 도입하며, 두 명의 박사 학위 화학자와 한 명의 석사 학위 화학자를 추가했습니다. 여홍화 박사는 폴리머 과학 박사로 팀을 이끌며, 폴리머 과학 및 신제품 개발에 대한 폭넓은 경험을 제공합니다.

회사는 제품 제공을 개선하고 운영 효율성을 높이며 미래 성장을 이끌 목표를 가지고 있습니다. 새로운 경영진 아래에서 Hydromer는 재무 보고 개선, 운영 효율성 향상 및 코팅 기술 발전에 재초점을 맞추었습니다. R&D 팀은 더 내구성이 높고 환경 친화적인 고급 코팅 개발에 주력할 것이며, 유해 용매에 대한 증가하는 규제 제한 사항을 다룰 것입니다.

CEO 마이크 토르티는 이 전략적 조치가 Hydromer를 제품 개발 및 혁신의 선두주자로 재편성할 것으로 기대되며, 회사의 성장을 위한 새로운 기회와 시장을 열 것이라고 밝혔습니다.

Hydromer, Inc. (OTC: HYDI), un leader dans les technologies de revêtements hydrophiles, a annoncé la création d'une nouvelle division de Recherche et Développement (R&D). Cette restructuration introduit une équipe scientifique de classe mondiale axée sur l'innovation et la performance, ajoutant deux chimistes titulaires d'un doctorat et un chimiste titulaire d'un master. Le Dr Yonghua Zhou, titulaire d'un doctorat en Science des Polymères, dirigera l'équipe, apportant une vaste expérience en science des polymères et en développement de nouveaux produits.

L'entreprise vise à améliorer son offre de produits, à accroître son efficacité opérationnelle et à stimuler sa croissance future. Sous une nouvelle direction exécutive, Hydromer s'est recentrée sur l'amélioration des rapports financiers, l'optimisation des efficacités opérationnelles et l'avancement des technologies de revêtement. L'équipe de R&D travaillera sur le développement de revêtements avancés qui sont plus durables et respectueux de l'environnement, s'attaquant aux restrictions réglementaires croissantes sur les solvants nocifs.

Le PDG Mike Torti a déclaré que ce mouvement stratégique devrait repositionner Hydromer en tant que leader dans le développement de produits et l'innovation, ouvrant ainsi de nouvelles opportunités et marchés pour la croissance de l'entreprise.

Hydromer, Inc. (OTC: HYDI), ein führendes Unternehmen in der Technologie hydrophiler Beschichtungen, hat die Gründung einer neuen Forschungs- und Entwicklungsabteilung (F&E) bekannt gegeben. Diese Umstrukturierung bringt ein weltklasse Wissenschaftsteam hervor, das sich auf Innovation und Leistung konzentriert und zwei Doktoranden- und einen Master-Chemiker hinzufügt. Dr. Yonghua Zhou, Doktor der Polymerwissenschaften, wird das Team leiten und bringt umfangreiche Erfahrung in der Polymerwissenschaft und der Entwicklung neuer Produkte mit.

Das Unternehmen hat das Ziel, sein Produktangebot zu verbessern, die Betriebseffizienz zu steigern und das zukünftige Wachstum voranzutreiben. Unter neuer exekutiver Führung hat sich Hydromer darauf konzentriert, die Finanzberichterstattung zu verbessern, operative Effizienzen zu steigern und die Beschichtungstechnologien voranzubringen. Das F&E-Team wird an der Entwicklung von fortschrittlichen Beschichtungen arbeiten, die langlebiger und umweltfreundlicher sind, um den wachsenden regulatorischen Einschränkungen schädlicher Lösungsmittel Rechnung zu tragen.

CEO Mike Torti erklärte, dass dieser strategische Schritt Hydromer als führendes Unternehmen in der Produktentwicklung und Innovation neu positionieren soll, wodurch neue Türen und Märkte für das Wachstum des Unternehmens geöffnet werden.

Positive
  • Formation of a new world-class Research and Development division with highly qualified chemists
  • Potential for improved product offerings and operational efficiency
  • Focus on developing advanced, environmentally friendly coatings
  • Aim to address growing regulatory restrictions on harmful solvents
  • Potential for opening new markets and driving company growth
Negative
  • None.


·       Company introduces a top-tier team of chemists to lead innovation in hydrophilic coatings and develop cutting-edge, environmentally friendly solutions

·       Restructured R&D division, under new leadership, aims to enhance product offerings, improve operational efficiency, and drive future growth

CONCORD, N.C. , Oct. 21, 2024 (GLOBE NEWSWIRE) -- Hydromer, Inc. (OTC: HYDI), a leader in hydrophilic coating technologies for medical and industrial applications for over 44 years, is excited to announce the formation of a new Research and Development (R&D) division. This restructuring introduces a world-class science team focused on innovation and performance, adding two Ph.D. chemists and one M.S. chemist. Leading the team is Dr. Yonghua Zhou, Ph.D. in Polymer Science from the University of Massachusetts at Lowell. Dr. Zhou brings an impressive background in polymer science, having led new product development activities at InnoPoly Biotech, Kraton Polymers, and Innovia LLC.

Joining Dr. Zhou in forming the company’s new research and development team are Mr. Ashutosh Upadhyay and Ms. Mengxue Zhang. Mr. Upadhyay brings over 30 years of polymer science experience, including serving for more than 15 years as Senior Material Development Chemist at Dana Corporation. He holds an M.S. degree in Chemistry from Agra University (India). Ms. Zhang, a Ph.D. in Chemistry from the University of South Carolina, and M.S. in Polymer Engineering from the University of Akron, focused her studies on controlling nanoparticle distribution within polymer coatings. These new team members solidify the company’s commitment to innovation and advanced product development.

Hydromer’s Enhanced Focus on Innovation and Efficiency

Under its new executive leadership, Hydromer has refocused its efforts on improving financial reporting and record-keeping, enhancing operational efficiencies, and advancing the science behind its current and future coating technologies. Recognizing the need for both product improvement and innovation to meet customer demands, the company has assembled this highly credentialed team to revitalize legacy products and create new solutions for evolving market needs. With Dr. Zhou's experience and leadership, the R&D team aims to develop advanced coatings that are both more durable and environmentally friendly, addressing the growing regulatory restrictions surrounding harmful solvents.

“We are excited to introduce this new science team, which will reposition Hydromer as a leader in both product development and innovation,” said CEO Mike Torti. “While our hydrophilic coatings have provided a strong foundation, it’s time to elevate our offerings - improving existing products and creating new technologies that meet today’s industry demands. We anticipate that these developments will open new doors and markets for the company’s growth.”

Hydromer’s revitalized focus on R&D is expected to drive the creation of cutting-edge coating systems designed to improve lubricity and durability across a range of medical and industrial applications. With this strategic step, Hydromer not only aims to stay competitive but also to lead in developing solutions for the future.

About Hydromer

Hydromer, Inc. is an ISO 9001:2015 global business-to-business (B2B) surface modification and coating solutions provider offering polymer R&D and manufacturing services capabilities for a wide variety of applications. We are domiciled in Concord, NC. Our customers are located across the United States, Europe and Asia-Pacific. Our facilities are U.S. Food and Drug Administration (FDA), Good Manufacturing Practice (GMP), International Organization for Standardization (ISO) 13485, and International Organization for Standardization (ISO) 9001 compliant. For over four decades, the Company has developed value-added solutions to serve businesses in domestic and international markets in a wide range of industries. We manage numerous global B2B services such as coating services, research and development, analytical testing, technology transfer, and dedicated machinery building, installation, and support. We have successfully developed numerous proprietary formulations and hold patents worldwide.

Contact:  Info@hydromer.com

Forward-Looking Statements

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FAQ

What is the purpose of Hydromer's new Research and Development division?

Hydromer's new R&D division aims to drive innovation, improve existing products, and develop new cutting-edge, environmentally friendly coating solutions to meet industry demands and regulatory requirements.

Who is leading Hydromer's new Research and Development team?

Dr. Yonghua Zhou, Ph.D. in Polymer Science from the University of Massachusetts at Lowell, is leading Hydromer's new R&D team. He brings extensive experience in polymer science and new product development.

How does Hydromer (HYDI) plan to improve its competitive position in the market?

Hydromer plans to improve its competitive position by enhancing product offerings, improving operational efficiency, and developing advanced coatings that are more durable and environmentally friendly, potentially opening new markets for growth.

What are the key focus areas for Hydromer's new Research and Development team?

The key focus areas for Hydromer's new R&D team include revitalizing legacy products, creating new solutions for evolving market needs, and developing advanced coatings that are more durable and environmentally friendly while addressing regulatory restrictions on harmful solvents.

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