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December 11th, 2003
Big corporates target nano firms to prepare for fuel cell market
Almost without notice, a number of innovative, advanced material firms in the emerging fuel cell market have been acquired by larger firms. Two recent examples of the trend are Cabot Corp’s acquisition of Superior MicroPowders for $16 million in the United States and Belgium-based Timcal’s takeover of Erachem Comilog’s carbon black business unit in Europe. Both of the acquired businesses are poised to supply materials to fuel cell makers. Things like nanopowders, nanostructured coatings and the like will play an important role in next generation fuel cell systems.
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