According to the company’s website, it "has the largest number of privately owned guayule strains in the world. By combining the bio-sciences of genetics and selective breeding, PanAridus has unlocked the key to growing a higher yield of domestic guayule per acre than from imported hevea rubber, and grown more inexpensively than synthetic rubber—which is made from petroleum."
In its mission statement PanAridus states that its goal is "to use the scientific expertise borne from our extensive research to make the guayule plant profitable for farmers to grow in arid regions around the globe, using previously unusable farmland for a drought tolerant plant that gets turned into one of the most important commodities on the planet."
The company’s CEO Michael Fraley spoke at the recently concluded International Tire Exhibition & Conference (ITEC) in Cleveland.
"While the first century of exploring domestic alternatives to hevea rubber from Asia and petroleum-based synthetic rubber has been marked by uncertainty," he said, "we’ve been able to unlock the Rosetta Stone through genetics, agronomics and sustained research."
Mr. Fraley credited the company’s success with the quiet way it acquired the world’s largest privately owned guayule germ-plasm bank; its team of world renowned experts developing patented genetic strains in their Casa Grande facility over the last four years; and the firm's patentt-pending extraction process.