Bayer MaterialScience strengthens position in carbon nanotubes
License agreement with U.S.-based company Hyperion concluded
Bayer MaterialScience is strengthening its position in developing new areas of application for carbon nanotubes (CNT). The company concluded a patent license agreement for the use of these materials with U.S. based company Hyperion Catalysis International, Inc. The agreement will help to solidify the leading positions of both companies in research and development as well as production technology for high-quality CNT-based products. Financial terms were not disclosed.
“We see high demand for materials with extraordinary material properties,” said Dr. Joachim Wolff, Member of the Executive Committee at Bayer MaterialScience. “Developments using Baytubes® carbon nanotubes represent a key technology of the future for such requirements profile, and we are optimistic that we can offer our customers innovative and long-term solutions in these areas.”
Baytubes® carbon nanotubes can be used as additives in established materials such as plastics and metal. They are versatile due to their unique property profile - from enhanced electrical and thermal conductivity to exceptional mechanical load bearing capacity. Among other things, Baytubes® CNT can help to increase endurance and efficiency of lithium-ion batteries, which in turn opens up their strong potential for use in energy-efficient electro-mobility concepts.
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