Posted in | Carbon Nanotubes

OCSial Announces Deal with Korean Company Applied Carbon Nano Technology Co., Ltd.

Published on July 3, 2014 at 10:54 AM

At NANO KOREA 2014 OCSiAl announced an unprecedentedly large-scale deal with Korean company Applied Carbon Nano Technology Co., Ltd. – one of the key industry players.

OCSiAl, the dominating graphene tubes manufacturer, that successfully presented its products and technology in Europe and USA, now to enter Asian nanotech markets. At NANO KOREA 2014 the company introduced TUBALL, the universal nanomodifier of materials featuring >75% of single wall carbon nanotubes, and announced signing of supply agreement with Applied Carbon Nano Technology Co., Ltd. (hereinafter referred to as ACN), a recognized future-oriented innovative company.

Under this MoU ACN would buy 100 kg of TUBALL. The upcoming deal is the first of OCSiAl’s Korean contracts to be performed in 2015 and it turns up the largest throughout SWCNT market, which annual turnover recently hardly reached 500 kg.  The agreement is exceptionally significant as it opens fundamental opportunities for manufacturing of new nanomaterial-based product with the unique properties that were not even possible before.

“OCSiAl’s entry to Korean market required thorough preparation. We invested time and efforts to prove that our company, our technology and our products worth credibility, – says Viktor Kim, OCSiAl Vice President, – we urged major playmakers to take TUBALL for testing to verify the quality and effectiveness. We believe that ACN is more than an appropriate partner to start – they are experts at the market and they understand its future perspectives very clearly. We believe that mutually beneficial partnership with ACN will path the way for future contracts, since it will become indicative to other companies in Asia and all over the world”.

“It comes as no surprise that OCSiAl’s products here in Korea will be in a great demand soon. The country strives to become world’s leader in advanced technology, and we do realize the benefits of nanomaterial’s exploitation. TUBALL is a truly versatile additive which may be used across many market sectors, where adoption of new materials with top-class performance is essential”, – says Mr. Dae-Yeol Lee, CEO of ACN.

OCSiAl’s entering to Korean market will undoubtedly have a high-reaching impact on the industry. The recent merger with American Zyvex Technologies made OCSiAl the not only the world’s largest nanomaterial producer but a first-rate developer of modifiers of different materials based on carbon nanotubes. To its Korean partners OCSiAl offers TUBALL, the raw ‘as produced’ SWCNT material and masterbatches, which can be either custom-made or ready-to-use mixtures for different applications, including li-ion batteries, car tires, transparent conductive coatings and many others. “Since Korea is increasingly dynamic, our success here will build on continuous development of our product, – adds Viktor Kim, – And we are constantly working on new applications of graphene tubes to meet sophisticated demands of nanotech-savvy Korean consumers”.  

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