Nanotechnology Now





Heifer International

Wikipedia Affiliate Button


DHgate

Home > Press > Samsung Agrees to Market and Sell Aspen Aerogels Insulation to the Solar Thermal Industry and Selected Petrochemical Plant Applications

Abstract:
Aspen Aerogels Inc. and Samsung America Inc. have signed a cooperative sales agreement under which Samsung will market and sell Aspen Aerogels' thermal insulation products to the concentrated solar thermal industry in the U.S. and Europe. Samsung also will market Aspen products to other energy related areas as well as petrochemical applications in selected geographies.

Samsung Agrees to Market and Sell Aspen Aerogels Insulation to the Solar Thermal Industry and Selected Petrochemical Plant Applications

Northborough, MA | Posted on January 12th, 2009

Samsung will sell Aspen Aerogels-branded, high-performance insulation, primarily Cryogel and Pyrogel, building on the growing sales of those products in energy markets. This strategic alliance will facilitate solid growth for both organizations and enable Samsung to expand its current development efforts in alternative energy markets such as concentrated solar power.

Aspen Aerogels' nano-based insulation will allow Samsung's concentrated solar thermal power customers to achieve improved levels of thermal performance, enabling this sustainable and innovative source of energy to become more efficient and affordable. The efforts that Aspen Aerogels and Samsung are making in the concentrated solar thermal power area are an important move in the battle to reduce greenhouse gases and provide a positive influence on climate change.

Cryogel is used for cryogenic and below-ambient applications in the LNG, gas processing and petrochemical markets; while Pyrogel is used for hot applications in the refining, petrochemical, power and solar markets.

"This association leverages the strengths of both companies to increase sales," said Aspen Aerogels' President and CEO Mr. Don Young. "Our energy-saving, space-saving insulation products are increasingly sought and specified in hydrocarbon processing and energy industries. Samsung brings extensive name recognition and marketing reach to help penetrate those markets further."

"The collaboration Samsung America has established with Aspen Aerogels will bring value to both companies, as well as energy saving benefits to the planet," said Samsung America's President and CEO Mr. K.D. Kim. "We are pleased to join Aspen Aerogels in developing this business and look forward to expanding our relationship through Samsung's marketing expertise and global presence."

####

About Aspen Aerogels Inc.
Aspen Aerogels (www.aerogel.com) supplies reinforced, nanoporous aerogel insulation products that are up to eight times more effective than other insulation materials. Aspen's insulation solutions deliver thermal and other benefits that enable customers to conserve energy and save money in a variety of industries including: oil and gas production and processing, LNG shipping and storage, outdoor apparel, building and construction, appliance, transportation, military and aerospace. Aspen manufactures three lines of products (Spaceloft, Cryogel and Pyrogel) at two state-of-the-art, high-capacity plants in East Providence, R.I., and Northborough, Mass.

About Samsung America Inc.

Samsung America Inc., a wholly owned subsidiary of Samsung C&T Corporation of Seoul, South Korea, is headquartered in Ridgefield Park, N.J., and maintains offices throughout North and South America. Samsung America's diversified businesses include the marketing of products to the chemical, steel, machinery, textile, energy, advanced materials and consumer brand areas.

For more information, please click here

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.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

News and information

TCL Unveils First 65” TV Featuring QD Vision’s Color IQ™ Quantum Dot Technology: Emerging industry leader introduces expanded quantum dot TV lineup May 30th, 2015

Nanotech Secures Additional Patents in Advanced Security Features: New patented features gain attention from the banknote industry May 30th, 2015

New 'designer carbon' from Stanford boosts battery performance May 30th, 2015

Two UCSB Professors Receive Early Career Research Awards: The Department of Energy’s award for young scientists acknowledges UC Santa Barbara’s standing as a top tier research institution May 29th, 2015

Announcements

TCL Unveils First 65” TV Featuring QD Vision’s Color IQ™ Quantum Dot Technology: Emerging industry leader introduces expanded quantum dot TV lineup May 30th, 2015

Nanotech Secures Additional Patents in Advanced Security Features: New patented features gain attention from the banknote industry May 30th, 2015

New 'designer carbon' from Stanford boosts battery performance May 30th, 2015

Two UCSB Professors Receive Early Career Research Awards: The Department of Energy’s award for young scientists acknowledges UC Santa Barbara’s standing as a top tier research institution May 29th, 2015

Energy

Technology for Tomorrow’s Market Opportunities and Challenges: LetiDays Grenoble Presents the Possibilities: June 24-25 Event Includes Focus on IoT-Augmented Mobility and Leti’s Latest Results on Silicon Technologies, Sensors, Health Applications and Smart Cities May 27th, 2015

Physicists solve quantum tunneling mystery: ANU media release: An international team of scientists studying ultrafast physics have solved a mystery of quantum mechanics, and found that quantum tunneling is an instantaneous process May 27th, 2015

Fine-tuned molecular orientation is key to more efficient solar cells May 26th, 2015

DNA Double Helix Does Double Duty in Assembling Arrays of Nanoparticles: Synthetic pieces of biological molecule form framework and glue for making nanoparticle clusters and arrays May 25th, 2015

Alliances/Partnerships/Distributorships

Samtec, Global Provider of Interconnect Systems, Joins IRT Nanoelec Silicon Photonics Program May 21st, 2015

SUNY Poly CNSE and NIOSH Launch Federal Nano Health and Safety Consortium: May 20th, 2015

Industrial Nanotech, Inc. Announces Official Launch of the Eagle Platinum Tile™ May 19th, 2015

DiATOME enables surface preparation for AFM and FIB May 19th, 2015

Solar/Photovoltaic

Fine-tuned molecular orientation is key to more efficient solar cells May 26th, 2015

Efficiency record for black silicon solar cells jumps to 22.1 percent: Aalto University's researchers improved their previous record by over 3 absolute percents in cooperation with Universitat Politècnica de Catalunya May 18th, 2015

Wearables may get boost from boron-infused graphene: Rice U. researchers flex muscle of laser-written microsupercapacitors May 18th, 2015

Random nanowire configurations increase conductivity over heavily ordered configurations May 16th, 2015

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