Nanotechnology Now

Our NanoNews Digest Sponsors







Heifer International

Wikipedia Affiliate Button


Home > Press > Nalco and Keystone Nano Announce Joint Nanotechnology Development Venture

Abstract:
Nalco Company (NYSE:NLC), the leading global provider of integrated water treatment and process improvement services, chemicals and equipment programs for industrial and institutional applications, and Keystone Nano, a nanotechnology development company in State College, Pennsylvania, announced the formation of a joint venture company, NanoSpecialties, LLC. The new company will create new products with nano-features for industrial markets.

Nalco and Keystone Nano Announce Joint Nanotechnology Development Venture

NAPERVILLE, IL | Posted on July 25th, 2007

The venture will conduct research and development of nanotechnology that allows for more precise application of various Nalco water and process treatments.

Keystone Nano has licensed two Penn State University patent applications that protect the creation of NanoJackets(tm), particles with a diameter of about 40 nanometers. The technology was developed through collaborative efforts between Professor James Adair's research group in Penn State's Materials Research Institute and Passanati Distinguished Professor Mark Kester's research group at the Hershey Medical Center. The NanoJackets can be customized to contain specialty chemicals within an exceptionally small, effective, and safe delivery system.

These customized NanoJackets will allow:


* Improved time-release of the treatment agents
* Precise targeting of the treatments at the molecular level to focus
the effects, and
* More stable treatment agents within an engineered nanoscale package

"This effort with Keystone Nano will develop cutting-edge means to better deliver Nalco's world-class chemistries in a variety of applications. Using nanotechnology will further improve the effectiveness of our treatment programs while reducing the amount of chemical used to achieve those results," said Nalco Chairman and Chief Executive Officer Dr. William H. Joyce.

Jeff Davidson, Keystone Nano's CEO notes that, "Combining the development and marketing strengths of Nalco with Keystone's nanotechnology capabilities allows us to create some very exciting new products for industrial customers. We are looking forward to commercializing a range of NanoJacket applications with Nalco."

Nalco has a long history of work in nanotechnology dating to the 1950s and the development of colloidal silicas. Recent innovations such as Core Shell(r) polymers, modified at the molecular level for use in wastewater treatment and as process aids in papermaking, petroleum refining, mining and food and beverage processing, continue this commitment to innovation.

Keystone Nano is currently using NanoJackets to create new medical therapeutics with decreased toxicity and dosage levels. The company is also creating new research and diagnostic imaging applications featuring stable, versatile nano-imaging products.

Nanotechnology is the manipulation of materials at the molecular level to achieve specific results. The term derives from nanometer, a metric unit of measure equal to one billionth of a meter.

####

About Nalco Company
Nalco serves more than 70,000 customer locations representing a broad range of end markets. It has established a global presence with more than 11,000 employees operating in 130 countries supported by a comprehensive network of manufacturing facilities, sales offices and research centers. In 2006, Nalco achieved sales of more than $3.6 billion. For more information visit http://www.nalco.com .

About Keystone Nano

Keystone Nano is a development stage company based in State College, Pennsylvania working at the interface between nanotechnology and the life sciences. More information is available on the company at www.keystonenano.com or by calling 814-466-5080.

This news release includes forward-looking statements, reflecting current analysis and expectations, based on what are believed to be reasonable assumptions. Forward-looking statements may involve known and unknown risks, uncertainties and other factors, which may cause the actual results to differ materially from those projected, stated or implied, depending on many factors, including, without limitation: ability to generate cash, ability to raise capital, ability to refinance, the result of the pursuit of strategic alternatives, ability to execute work process redesign and reduce costs, ability to execute price increases, business climate, business performance, economic and competitive uncertainties, higher manufacturing costs, reduced level of customer orders, changes in strategies, risks in developing new products and technologies, environmental and safety regulations and clean-up costs, foreign exchange rates, the impact of changes in the regulation or value of pension fund assets and liabilities, changes in generally accepted accounting principles, adverse legal and regulatory developments, including increases in the number or financial exposures of claims, lawsuits, settlements or judgments, or the inability to eliminate or reduce such financial exposures by collecting indemnity payments from insurers, the impact of increased accruals and reserves for such exposures, weather-related factors, and adverse changes in economic and political climates around the world, including terrorism and international hostilities, and other risk factors identified by the Company. Accordingly, there can be no assurance that the Company will meet future results, performance or achievements expressed or implied by such forward-looking statements. This paragraph is included to provide safe harbor for forward-looking statements, which are not generally required to be publicly revised as circumstances change, and which the Company does not intend to update.

For more information, please click here

Contacts:
Nalco Company
Media Contact:
Charlie Pajor
630-305-1556

Investor Contact:
Mike Bushman
630-305-1025

Copyright © PrimeNewswire

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

Products

International survey supports need for built-in water protection on smartphones and tablets May 21st, 2013

Peratech designs the QTC Ultra Sensor - an ultra-sensitive touch sensor for domestic, commercial and industrial use: Pressure sensor so sensitive that it can be operated through glass or steel sheet May 13th, 2013

Industrial Nanotech Launches Nansulate(R) Vinyl Fresh: Clear Liquid Thermal Insulation and UV Protection Coating Rejuvenates Vinyl Siding on Homes April 18th, 2013

MouthWatchers Nano-Silver Tooth Brush Released for Sale April 12th, 2013

Nanomedicine

Nano-needles for cells May 25th, 2013

UofL scientists uncover how grapefruits provide a secret weapon in medical drug delivery May 22nd, 2013

Single-Cell Transfection Tool Enables Added Control for Biological Studies: McCormick researchers develop method of delivering molecules into targeted cells May 22nd, 2013

How Gold Nanoparticles Can Help Fight Ovarian Cancer May 21st, 2013

Announcements

Nano-needles for cells May 25th, 2013

How do cold ions slide May 24th, 2013

Gold nanocrystal vibration captured on billion-frames-per-second film May 23rd, 2013

Glowing Plant Releases Maker Kit, Enabling Anyone to Make a Glowing Plant at Home: Glowing Plant seeks funds via crowdfunding and raises almost $400,000 May 23rd, 2013

Alliances/Partnerships/Distributorships

Imec and GLOBALFOUNDRIES collaborate to advance high-density memory technology: STT-MRAM offers enhanced performance and scalability for embedded and standalone applications May 21st, 2013

NIA Public Briefing: Nanotechnology and the Council of Europe May 17th, 2013

Imec and Renesas collaborate on ultra-low power short range radios: Collaboration will develop robust wireless solutions for future electronics May 16th, 2013

HELIOS Program Develops Complete Supply Chain for Integrating Photonics with CMOS Circuit via IC Fabrication Processes May 14th, 2013

Research partnerships

Gold nanocrystal vibration captured on billion-frames-per-second film May 23rd, 2013

Weird science: Crystals melt when they're cooled May 22nd, 2013

Researchers Stitch Defects into the World’s Thinnest Semiconductor May 22nd, 2013

Whirlpools on the Nanoscale Could Multiply Magnetic Memory: At the Advanced Light Source, Berkeley Lab scientists join an international team to control spin orientation in magnetic nanodisks May 22nd, 2013

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








abbigliamento uomo
Computer Accessories
© Copyright 1999-2013 7th Wave, Inc. All Rights Reserved PRIVACY POLICY :: CONTACT US :: STATS :: SITE MAP :: ADVERTISE