Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button

Home > Press > Number Of Finnish Companies Using Nanotechnology More Than Doubles in Two Years

The number of companies using nanotechnology increased 111% from 2004 to 2006. In 2004, there were 61 companies in Finland that had commercial nanotechnology-based products or nanotechnology research projects. The number had increased to 129 by the end of 2006.

Number Of Finnish Companies Using Nanotechnology More Than Doubles in Two Years

HELSINKI, Finland | Posted on February 16th, 2007

These figures are from Spinverse Consulting's "Nanotechnology in Finnish Industry" report. According to the report, which is published at two-year intervals, roughly thirty Finnish companies have commercial products based on nanotechnology. They include both industrial processes and consumer products. 23 companies are involved in developing products or processes that utilise nanotechnology and are expected to be on the market within two years' time.

Working through their financing and program services organisation, FinNano, Tekes and the Academy of Finland have played a major role in the nanotechnology breakthrough. With the help of the FinNano program, the most important industry branches that are adopting nanotechnology have been able to formulate common visions and guidelines for the development of nanotechnology.

In the short term, nanotechnology has had its greatest impact in the chemical and material industries. 13 Finnish companies in these industries already have finished commercial nanoproducts. The commercial products are often based on utilising nanoscale particles and materials, although in some cases, e.g. the areas of paints and cosmetics, companies have also added nanotechnology components to improve the properties of already-finished products.

The use of nanotechnology is also increasing in the forest products industry, where major companies are ramping up their research efforts and have already created commercial nanoproducts. Packaging materials and, in particular, smart packaging, in which indicators are incorporated into the packaging material to monitor product freshness, comprise one key area of application. Ties to applications in the chemical and biotechnology industries are growing, as nanotechnology is also being applied extensively in the development of the chemicals and enzymes used in paper industry processes.

The combining of biotechnology and nanotechology methods has yielded promising results. Interesting potential applications are to be found in, for instance, the diagnostics field, particularly with respect to miniaturized bioanalysers ("lab on a chip"), biomaterials, and new methods for releasing drugs. Potential biotechnology applications are to be found not only in healthcare, but in the area of food production as well.

The electronics industry is generally considered to be the foremost user of advances in nanotechnology. It will still take some time before any major advantages are obtained, but Finnish electronics companies have already progressed from the research stage to the first phase of commercialisation. Nokia has, for instance, expanded its nanotechnology research efforts, and there are a number of nanotechnology firms in the photonics field.

The "Nanotechnology in Finnish Industry" report is to be published on 27 February 2007 at FinNano's annual seminar.


For more information, please click here

Pekka Koponen, +358 40 545 0008
CEO, Spinverse Consulting
Markku Lämsä, +358 50 557 7793
FinNano Program Director, Tekes

Copyright © Business Wire

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


New nanomedicine approach aims to improve HIV drug therapies October 24th, 2016

Nanosciences: Genes on the rack October 21st, 2016

Nanoparticle vaccinates mice against dengue fever October 21st, 2016

Tiny gold particles could be the key to developing a treatment for pancreatic cancer October 19th, 2016


Scientists find technique to improve carbon superlattices for quantum electronic devices: In a paradigm shift from conventional electronic devices, exploiting the quantum properties of superlattices holds the promise of developing new technologies October 20th, 2016

Metamaterial uses light to control its motion October 10th, 2016

Core technology springs from nanoscale rods: Rice University lab turns nanorods into multistate switches with an electron beam October 10th, 2016

Electrons in graphene behave like light, only better: Researchers discover that electrons mimic light in graphene, confirming a 2007 prediction – their finding may enable new low power electronics and lead to new experimental probes October 5th, 2016


KaSAM-2016: International Conference on Material Sciences has successfully concluded in Pokhara of Western Nepal October 24th, 2016

Move over, solar: The next big renewable energy source could be at our feet October 20th, 2016

Smashing metallic cubes toughens them up: Rice University scientists fire micro-cubes at target to change their nanoscale structures October 20th, 2016

Study explains strength gap between graphene, carbon fiber: Rice University researchers simulate defects in popular fiber, suggest ways to improve it October 19th, 2016

Interviews/Book Reviews/Essays/Reports/Podcasts/Journals/White papers

The quantum sniffer dog: A laser and detector in 1: A microscopic sensor has been developed at TU Wien, which can be used to identify different gases simultaneously October 25th, 2016

Hybrid nanostructures hold hydrogen well: Rice University scientists say boron nitride-graphene hybrid may be right for next-gen green cars October 25th, 2016

Nanoantenna lighting-rod effect produces fast optical switches October 24th, 2016

New nanomedicine approach aims to improve HIV drug therapies October 24th, 2016


New Agricultural Research Center Debuts at UCF October 12th, 2016

UNAM develops successful nano edible coating which increases life food September 27th, 2016

Speedy bacteria detector could help prevent foodborne illnesses September 21st, 2016

Lab team spins ginger into nanoparticles to heal inflammatory bowel disease August 19th, 2016

Human Interest/Art

Weizmann Institute of Science Presents: Weizmann Wonder Wander - 4G - is Online June 21st, 2016

Call for NanoArt and Art-Science-Technology Papers June 9th, 2016

Scientists propose non-animal tools for assessing the toxicity of nanomaterials: Particle and Fibre Toxicology publishes recommendations from expert group meeting April 26th, 2016

Are humans the new supercomputer?Today, people of all backgrounds can contribute to solving serious scientific problems by playing computer games. A Danish research group has extended the limits of quantum physics calculations and simultaneously blurred the boundaries between mac April 14th, 2016

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