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Home > News > ALTANA Chemie Acquires Stake in Nanophase Technologies

March 25th, 2004

ALTANA Chemie Acquires Stake in Nanophase Technologies

Abstract:
ALTANA Chemie AG announced today that it has formed an exclusive global partnership with Nanophase Technologies Corporation. The companies intend to start product co-development in a defined field of application comprising paints, coatings and plastics and expect initial market introductions of developed products in the course of 2004. In addition, ALTANA Chemie has invested US $10 million in Nanophase common stock, trading of which will be restricted for a period of two years.

Source:
Businesswire

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