Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button

Home > Press > NaturalNano Signs Joint Development Agreement with Nylon Corporation of America, Inc. for the Development of Nylon PleximerTM

Abstract:
Agreement Solidifies Company's Plans for a Commercial Product in 2007

NaturalNano Signs Joint Development Agreement with Nylon Corporation of America, Inc. for the Development of Nylon PleximerTM

ROCHESTER, NY | Posted on April 26th, 2007

NaturalNano, Inc. (OTCBB: NNAN) (FWB: N3N) ( http://www.naturalnano.com ), a materials science company, today announced the signing of a Joint Development Agreement with Nylon Corporation of America, Inc. (NYCOA), a leader in the nylon polymerization and compounding industry. The partners will work to commercialize NaturalNano's nylon Pleximer products for the enhancement of the mechanical properties of nylon nanocomposites. Pleximer is a turn-key nanocomposite additive enabling stronger, lighter materials for the $40 billion dollar polymer composite industry.

The NYCOA and NaturalNano development program is expected to identify specific product applications in the third quarter of 2007. Peter Shepard, President and CEO of NYCOA, said, "We see tremendous market opportunities in a variety of performance driven applications for lightweight, tough nylon nanocomposites. Working closely with NaturalNano will accelerate the development of novel, high-value materials for these emerging markets."

"This agreement creates a natural synergy between our halloysite nanotube surface functionalization technology and NYCOA's expertise in the multiple facets of nylon manufacturing," stated Cathy Fleischer, PhD, President and CTO of NaturalNano. The combined capabilities of NYCOA and NaturalNano are expected to produce materials of improved characteristics and high value for the polymer composites industry. "Our partnership with NYCOA is a critical step in our path to Pleximer commercialization and introduction in 2007," Fleischer said.

Next steps under the agreement will address jointly developed accreditation testing, application definitions, and formula optimization that will be used in the pilot and manufacturing processes to produce Pleximer based nanocomposites.

The NYCOA collaboration establishes an important benchmark in the product's steady and successful development timeline. In January, the Company first demonstrated the production of nylon Pleximer on a manufacturing scale. This was followed in February by the announcement of superior dispersion of halloysite nanotubes in excess of 30% in nylon using standard polymer processing equipment. This high dispersion led to improved strength and modulus properties in the resulting nanocomposite without sacrificing the natural elongation of nylon. The highly concentrated nylon Pleximer product can be added to pure nylon in the final molding process by the manufacturer to obtain nanocomposite materials with improved properties for a wide range of applications, including automotive, aerospace, sporting equipment, and electronics.

####

About NaturalNano, Inc.
NaturalNano, Inc. (OTCBB:NNAN) (FWB:N3N) is a nanotechnology and materials science company developing proprietary technologies and processes for adding competitive properties to a wide range of applications. These include industrial polymers, plastics and composites; and additives to cosmetics, personal care, and other products. NaturalNano holds and licenses over twenty patents and applications, as well as proprietary know-how for extraction and separation processes, compositions, and derivatives of halloysite and other nanotubes. For more information, please visit http://www.naturalnano.com

About NYCOA

NYCOA (Nylon Corporation of America, Inc.) is a privately held specialty polymerizer and compounder of nylon located in Manchester, NH. NYCOA produces custom nylon 6 polymers, co-polymers, multi-polymers, nanocomposites, nylon alloys, and compounds for a wide variety of applications including sporting goods, industrial hose and tubing, lawn and garden, electrical/electronic, automotive, and wire and cable. For more information, please visit http://www.nycoa.com

Cautionary Statement Regarding Forward-Looking Statements

This press release may contain forward-looking statements regarding future events and future performance of NaturalNano that involve risks and uncertainties that could materially affect actual results. This information is qualified in its entirety by cautionary statements and risk factors disclosure contained in certain of NaturalNano's filings with the Securities and Exchange Commission. The most recent annual reports on Form 10-KSB and quarterly reports on Form 10-QSB filed by NaturalNano provide information about these factors, which may be revised or supplemented in future reports to the SEC on those forms or on Form 8-K. We caution investors not to place undue reliance on forward-looking statements, and we do not undertake any obligation to update or otherwise revise any forward-looking statements, whether as a result of new information, future events, or other such factors that affect the subject of these statements, except where expressly required by law.

For more information, please click here

Contacts:
NaturalNano, Inc.
Ginny Brandreth, 585-267-4810

Copyright © Business Wire 2007

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.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

Materials/Metamaterials

Atomic imperfections move quantum communication network closer to reality June 25th, 2017

Rice U. chemists create 3-D printed graphene foam June 22nd, 2017

Alloying materials of different structures offers new tool for controlling properties June 19th, 2017

Smart materials used in ultrasound behave similar to water, Penn chemists report June 16th, 2017

Announcements

Bosch announces high-performance MEMS acceleration sensors for wearables June 27th, 2017

Nanometrics to Participate in the 9th Annual CEO Investor Summit 2017: Accredited investor and publishing research analyst event held concurrently with SEMICON West and Intersolar 2017 in San Francisco June 27th, 2017

NMRC, University of Nottingham chooses the Quorum Q150 coater for its reliable and reproducible film thickness when coating samples with iridium June 27th, 2017

Picosunís ALD solutions enable novel high-speed memories June 27th, 2017

Alliances/Trade associations/Partnerships/Distributorships

U.S. Air Force Research Lab Taps IBM to Build Brain-Inspired AI Supercomputing System: Equal to 64 million neurons, new neurosynaptic supercomputing system will power complex AI tasks at unprecedented speed and energy efficiency June 23rd, 2017

Cambridge Nanotherm partners with Inabata for global sales and distribution June 20th, 2017

Thought Leaders and Experts Join National Graphene Association Advisory Board June 16th, 2017

Microsoft, Purdue collaborate to advance quantum computing May 30th, 2017

NanoNews-Digest
The latest news from around the world, FREE



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











ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project