| | 2008-6-12 http://www.specialchem4coatings.com | | | | NaturalNano, Inc., a developer of advanced nanomaterials and extended release nanotechnologies, has announced a partnership with Philadelphia-based Rohm and Haas Company, a leader in specialty materials, to explore the development of polymers with enhanced properties. Rohm and Haas (NYSE:ROH - News) is funding two research projects using NaturalNano's patented processes with halloysite natural tubes (HNT™) to enable the manufacture of stronger, lighter and more flexible products. Terms of the projects were not disclosed. NaturalNano said these projects will expand the applicability of its Pleximer™ product by enhancing the properties of new polymer systems for use in a wide variety of end markets, including adhesives, coatings, electronics, and packaging. Adding HNT to these polymers could enable NaturalNano and Rohm and Haas to supply the market with advanced materials that could improve the performance of products used in the packaging and building materials industries. Experts estimate the size of the global market for packaging and building materials to be in excess of $100 billion.
"This is a great opportunity for us to continue building on our Pleximer product line, and to do it alongside a world-class materials sciences company," said Cathy Fleischer, President of NaturalNano. "These funded projects, combined with the real-world customer and commercial applications offered by Rohm and Haas, represent another major milestone in our drive toward sustained revenue and validating our investments and patents in HNT-enabled materials."
Fleischer concluded: "Our technology for creating stronger, lighter and less expensive products continues to gain traction with both OEMs and the material sciences industry. We look forward to growing our partnership with Rohm and Haas Company and developing the next generation of advanced materials." |
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