Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button


Home > Press > Nano Chemical Systems in Place Manufacturing Capacity Exceeds $150,000,000 Per Year

Nano Chemical Systems Holdings, Inc. (NanoChem or "The Company") (OTC Bulletin Board: NCSH)
announced today that it has completed a full operational assessment in conjunction with Pangea Ultima, which is the principal privately held investment firm supporting NanoChem. As a result, it was concluded that the current NanoChem manufacturing assets allow the Company to produce and ship
product with a revenue value that can exceed $150,000,000 per year.

Nano Chemical Systems in Place Manufacturing Capacity Exceeds $150,000,000 Per Year

SEAFORD, Del. | Posted on January 17th, 2007

In the categories that NanoChem competes, plant manufacturing usages average 84 percent of capacity. For calendar year 2006, NanoChem operated their plant at less than 5 percent of their existing capacity. Dr. Mathew Zuckerman, NanoChem's CEO and President stated, "Our near term goal is to augment the existing NanoChem organization with sufficient marketing and sales resources that will allow the Company to ship product with at an annualized sales rate value of $45,000,000 in 2007. That objective is meaningful in that it is a through put level of 35 percent, which in turn increases NanoChem's gross margins to over 55 percent."

The remaining plant capacity will be used for value added opportunity sales that exceed the $45,000,000 objective and to further develop the company's proprietary Nano-enhanced products that include but are not limited to; oils, waxes and photochemical products.

Dr. Zuckerman when on to say that he expects that in 2007, NanoChem will realize value well beyond that of a profitable consumer products company, as various licensing agreements and joint ventures are concluded to begin the roll out of new, intellectually protected products.

"Given the dynamic manufacturing, intellectual and patent protected assets that exist at NanoChem, we are rapidly becoming a new age consumer products company that combines traditional manufacturing techniques with in-demand, highly technical and revolutionary products," stated Dr. Zuckerman.


About Nano Chemical Systems Holdings, Inc.
Nano Chemical Systems Holdings, Inc. has a wholly owned subsidiary, SeaSpray Aerosol, Inc. that produces aerosol products for its own formula and does private labeling for various customers. SeaSpray operates out of a 36,000 square foot facility that contains offices, research, warehouse and manufacturing operations. The Company is also engaged in enhancing the effectiveness of its product line using nanotechnology where applicable.

Forward Looking Statements

Certain statements in this release and other written or oral statements made by or on behalf of the Company are "forward looking statements" within the meaning of the federal securities laws. Statements regarding future events and developments and our future performance, as well as management's expectations, beliefs, plans, estimates or projections relating to the future are forward-looking statements within the meaning of these laws. The forward looking statements are subject to a number of risks and uncertainties including market acceptance of the Company's services and projects and the Company's continued access to capital and other risks and uncertainties outlined in its filings with the Securities and Exchange Commission, which are incorporated herein by reference. The actual results the Company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. These statements are based on our current expectations and speak only as of the date of such statements. The Company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of future events, new information or otherwise.

For more information, please click here

INVESTOR CONTACT: Redwood Consultants, LLC 415-884-0348

Copyright © PR Newswire Association LLC.

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press


Nanometrics Announces Upcoming Investor Events November 18th, 2015

Harris & Harris Group Portfolio Company, D-Wave Systems, Announces Multi-Year Agreement With Lockheed Martin November 16th, 2015

Arrowhead Late-Breaking Clinical Data Shows that ARC-520 Can Produce Deep and Durable Reductions of Hepatitis B Viral Antigens and DNA November 16th, 2015

Harris & Harris Group Portfolio Company, D-Wave Systems, Announces the Sale of Its Latest Quantum Computer to Los Alamos National Laboratory November 11th, 2015


Graphene microphone outperforms traditional nickel and offers ultrasonic reach November 29th, 2015

Coming to a monitor near you: A defect-free, molecule-thick film November 29th, 2015

Overtaking science fiction with physics: 33-year-old physicist at the University of Kaiserslautern receives 1.5 million euros of EU funding November 29th, 2015

RAMAN Spectrometry Makes Characterization of Various Nanostructures Possible November 28th, 2015

Financial Reports

Haydale Announce Year End Results November 3rd, 2015

Harris & Harris Group to Host Conference Call on Third-Quarter 2015 Financial Results on November 12, 2015 October 23rd, 2015

Small but heading for the big time: Nanobiotix half year results for the six months ended 30 June 2015, in line with expectations: Major clinical achievements and corporate developments August 28th, 2015

Nanostart AG: First-half figures 2015 published and new supervisory board elected : Publication of first-half figures 2015 - Shareholders' meeting elected new supervisory board August 22nd, 2015

Human Interest/Art

Bionic liver micro-organs explain off-target toxicity of acetaminophen (Tylenol): Israeli-German partnership aims to replace animal experiments with advanced liver-on-chip devices August 17th, 2015

Omni Nano and Time Warner Cable Partner to Provide Nanotechnology Education to the Boys & Girls Clubs of Los Angeles: A $10,000 Donation to Benefit Youth of Los Angeles County's Boys & Girls Clubs August 4th, 2015

Kalam: versatility personified August 1st, 2015

Pakistani Students Who Survived Terror Attack to Attend Weeklong “NanoDiscovery Institute” at SUNY Poly CNSE in Albany July 29th, 2015

The latest news from around the world, FREE

  Premium Products
Only the news you want to read!
 Learn More
University Technology Transfer & Patents
 Learn More
Full-service, expert consulting
 Learn More

Nanotechnology Now Featured Books


The Hunger Project

Car Brands
Buy website traffic