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Home > News > Sumitomo and Carbon Nanotechnologies Finalize Strategic Alliance

January 27th, 2004

Sumitomo and Carbon Nanotechnologies Finalize Strategic Alliance

Sumitomo Corporation and Carbon Nanotechnologies Inc. today announced the signing of two significant agreements that cement their relationship in developing the carbon nanotechnology business in Japan and S. Korea. These two world-class organizations have agreed to combine their efforts (1) by completing an exclusive marketing and distribution arrangement for CNI's buckytubes in Japan and S. Korea and (2) through an arrangement that includes an immediate financial investment, with the opportunity for additional investments, by Sumitomo Corporation in CNI.


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