Siberia | Industry, manufacturing | Finance, business

Siberian scientists all set to supply Europe with nanomaterials

4 Aug '17
OCSiAl, a seven-year-old Novosibirsk-based company in Siberia, has plans for 2020 to launch production of single-wall carbon nanotubes (SWCNTs) and a research center for nanomaterial applications in Luxembourg, 7info.ru reported.

The source quoted the economic authorities of the Grand Duchy of Luxembourg as saying that the Russian company is shooting for an SWCNT production capacity of 250 tons a year and expected to ante up 100m in investment to get the project with 200 new jobs off the ground.

SWCNTs, for which OCSiAl was reported to have developed special industrial synthesis technology, pass on a range of unique properties to parts and components made from the nanotubesfor example, such products are 250 times lighter than their steel analogs while showing quite comparable strength. Using SWCNTs in automobile tire manufacture will help reduce weight, boost wear resistance and improve traction on a wet road; in electrochemical sources of electrical current, the nanotubes will help step up battery capacity considerably and also substantially increase the number of a batterys charge-discharge cycles.

OCSiAl CEO Yuri Koropachinsky was quoted as saying that Luxembourg is an ideal place to set up shop in the European Union as the Duchys economic regulations are optimal in terms of IP protection.
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Locations: Novosibirsk; Luxembourg

Latest News: Siberia
4 Aug '17 | Industry, manufacturing | Finance, business
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