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July 17th, 2007
Nano products could top $1 trillion by 2015
Ratner told Earth & Sky about the two biggest processes using nanotechnology right now, from an economic point of view. One is that nanotechnology is now used to make the hard drives of most new computers. And the other major use, he said…
Mark Ratner: ... has to do with the way gasoline is made, and about something called catalytic cracking, where you basically take the oil, separate it, and then break the big oil molecules down to the smaller molecules that your car actually uses, like octane.
In other words, oil refineries are using nanotechnology to produce gasoline and other products from heavier crude oil.
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