Dow, Nanoco JV cadmium-free quantum dot technology

Dow, Nanoco JV for cadmium-free quantum dot technology

6:42 AM, 24th January 2013
Dow, Nanoco JV for cadmium-free quantum dot technology

PHILADELPHIA, US/MANCHESTER, UK: Dow Electronic Materials, a business unit of The Dow Chemical Company, and Nanoco Group plc have entered into a global licensing agreement for Nanoco’s cadmium-free quantum dot technology. Dow Electronic Materials will have exclusive worldwide rights for the sale, marketing and manufacture of Nanoco’s cadmium-free quantum dots for use in electronic displays.

The agreement brings together Nanoco’s world-leading technology with Dow’s large-scale manufacturing capability and well-established sales, marketing and distribution network. Dow Electronic Materials is already a major supplier of critical electronic materials to the global display industry.

The financial details of the agreement are not being disclosed though Nanoco will receive royalty payments related to Dow’s sales of cadmium-free quantum dots. Nanoco will continue to provide any technology advances to its cadmium-free quantum dot technology throughout the lifetime of the agreement and participate with Dow in the marketing and technical support of these materials.

Dow intends to build production capacity in Asia where it has extensive manufacturing capabilities to supply high-performance materials to its customers in the display and semiconductor-related segments. Full commercial production is expected to begin in the first half of 2014.

“We believe that Nanoco’s cadmium-free quantum dots will become a new standard in the display industry owing to their ability to significantly improve the colour performance of LCD displays both cost-effectively and by avoiding the use of heavy metals. When coupled with Nanoco’s technology, Dow’s deep technical, engineering and industry knowledge in films, LCD, LED, and OLED display segments brings our customers an unmatched portfolio of materials solutions,” said CG Park, Global Business Director, Dow Electronic Materials.

© WOC News 

0 Comments

Login

Your Comments (Up to 2000 characters)
Please respect our community and the integrity of its participants. WOC reserves the right to moderate and approve your comment.

Related News


BASF, Nufarm end distribution agreement

MELBOURNE, AUSTRALIA: Following the expiry of the distribution agreement between BASF and Nufarm Australia, BASF will directly distribute its range ...

Read more
Evonik, Petronas JV for specialty chemicals facility in Malaysia

ESSEN, GERMANY: Petronas and Evonik Industries AG signed a Letter of Intent (LOI) to jointly embark on the development of production facilities of spe ...

Read more
Ineos, Evergas JV for ethane transportation from the US to Europe

ROLLE, SWITZERLAND: Ineos Europe has entered into 15-years shipping agreements with Evergas for the transportation of ethane into Europe from the US M ...

Read more
Black carbon contributes twice to global warming than previously estimated, finds study

  WASHINGTON, US: In addition to causing smoggy skies and chronic coughs, soot (black carbon) turns out to be the number two contributor to glob ...

Read more
OM Group to sell advanced materials business for $435 million

CLEVELAND, US: OM Group Inc announced a major step in its strategic evolution with the signing of definitive agreements to exit its advanced materials ...

Read more
Jorg Reinhardt quits as Chairman of Bayer HealthCare

LEVERKUSEN, GERMANY: Dr Jorg Reinhardt, Chairman of the Board of Management of Bayer HealthCare AG and a member of the Bayer AG Executive Council, wil ...

Read more