| Carbon Nanotechnologies, Incorporated (CNI) and DSM Venturing & Business Development (DSM V&BD), today announced that they will form a strategic alliance to develop new and improved performance materials by incorporating CNI’s breakthrough single wall carbon nanotubes into DSM’s performance materials. Single wall carbon nanotubes (SWNTs), also known as Buckytubes, are cylindrical carbon molecules that are one billionth of a meter in diameter. At 100 times the strength of steel, this polymer of pure carbon is the strongest, toughest, stiffest material known. SWNTs also can conduct electricity and heat better than currently available materials. DSM’s performance materials include polymer fibres and films based on ultra-high molecular weight polyethylene (Stamylan UH®). The cooperation with CNI aims to further optimize mechanical properties such as strength, stiffness, energy absorption, abrasion and wear. Bob Gower, CEO of CNI said “This relationship with DSM marks another important step on our path towards fully commercializing single wall carbon nanotubes. DSM is clearly a world leader in high performance fibers and films. We believe that single wall carbon nanotubes will lead to a new generation of DSM products.” Robert Kirschbaum, Vice President Innovation at DSM Venturing & Business Development adds “Our expertise in performance materials combined with CNI’s expertise in single wall carbon nanotubes will result in materials that will grow our existing markets and may create new markets that are beyond our imagination.” |