Nanotechnology Now

Our NanoNews Digest Sponsors





Heifer International

Wikipedia Affiliate Button


android tablet pc

Home > Press > MSU Spinoff XG Sciences Partners with Korean Steelmaker

Abstract:
Korean corporation POSCO, one of the world‚s largest steelmakers, purchased a 20 percent share of Michigan State University spinoff XG Sciences. This collaboration will advance manufacturing and product development.

MSU Spinoff XG Sciences Partners with Korean Steelmaker

East Lansing, MI | Posted on June 13th, 2011

Michigan State University spinoff XG Sciences has entered into a series of agreements with POSCO, a Korean corporation and one of the world's largest steel producers, to create a strategic partnership for the advancement of graphene manufacturing and product development based on XG Sciences' proprietary technologies.

XG Sciences, Inc., a private company headquartered in Lansing, Michigan, manufactures xGnP® Graphene Nanoplatelets, an inexpensive material that can be used to improve the strength and performance properties of materials ranging from plastics to electronic components and batteries.

Under the agreements, POSCO will purchase a 20 percent share of XG Sciences, Inc., and will obtain production licenses to manufacture and sell xGnP® Graphene Nanoplatelets. The two companies will also collaborate on product development for energy storage, advanced materials and electronics product applications.

"We are honored that POSCO chose XG Sciences as a partner to help expand their offerings in advanced materials," said Michael Knox, CEO of XG Sciences. "POSCO is one of the top materials companies in the world. Our partnership will benefit both companies; POSCO will obtain the best technology in our field and we will expand our worldwide capabilities. Together with our other strategic partner in Asia˜Hanwha Chemical˜our relationship with POSCO will enable us to work closely with some of the top electronics, automotive and manufacturing companies in the Asian region and will provide our customers with a source for locally manufactured graphene products in Asia."

When XG Sciences‚ products were first introduced in late 2007, they received a Nano 50 Award from NanoTech Briefs, an online magazine that explores engineering achievements in nanotechnology and microelectromechanical systems. The Nano 50 awards recognize the top 50 technologies, products and innovators that have made, or are expected to make, a significant impact in the nanotechnology industry. XG Sciences was also recognized by Frost & Sullivan, a growth partnership company, with a 2009 North American Product Innovation Award. For more information about XG Sciences visit: www.xgsciences.com

POSCO, in addition to being one of the world's largest steel producers, operates a worldwide network of subsidiaries in energy, construction, logistics, mining and materials markets. POSCO was recently named the most admired company in its category in the annual FORTUNE survey, and it recently announced a planned $30 billion capital investment program as part of an expansion in its overseas operations.

####

For more information, please click here

Contacts:
Laura Seeley
Phone: (517) 432-1303

Copyright © Michigan State University

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

JPK announces expansion of its global sales and service activities in China and USA April 15th, 2014

Nanobiotix Appoints Thierry Otin as Head of Manufacturing and Supply April 15th, 2014

PAM-XIAMEN Offers UV LED wafer April 15th, 2014

Engineers develop new materials for hydrogen storage April 15th, 2014

Graphene

Better solar cells, better LED light and vast optical possibilities April 12th, 2014

Graphene Supermarket to offer HDPlas™ by Haydale, a High-Performance Graphene Material April 10th, 2014

Nanotech Business Review 2013-2014 April 9th, 2014

VC/Funding/Angel financing/Loans/Leases/Crowdfunding

Premier Healthcare Pitch Competition comes to Atlanta this May April 12th, 2014

Harris & Harris Group Notes Mersana's Collaboration Agreement With Subsidiary of Takeda Pharmaceutical Co. April 8th, 2014

Investments/IPO's/Splits

Nanometrics to Announce First Quarter Financial Results on April 29, 2014 April 9th, 2014

Harris & Harris Group Notes Mersana's Collaboration Agreement With Subsidiary of Takeda Pharmaceutical Co. April 8th, 2014

Harris & Harris Group Continues Its Blog Series to Highlight Most Impactful Portfolio Companies With Metabolon, Inc. April 7th, 2014

Graphene industry takes further step towards commercialisation with Haydale IPO listing March 19th, 2014

Chip Technology

Scientists open door to better solar cells, superconductors and hard-drives: Research enhances understanding of materials interfaces April 14th, 2014

Obducat has launched a new generation of SINDRE® Nano Imprint production system April 11th, 2014

Scientists in Singapore develop novel ultra-fast electrical circuits using light-generated tunneling currents April 10th, 2014

Clean Shot at Manufacturing Course…For Less April 9th, 2014

Announcements

Tiny particles could help verify goods: Chemical engineers hope smartphone-readable microparticles could crack down on counterfeiting April 15th, 2014

A molecular approach to solar power: Switchable material could harness the power of the sun — even when it’s not shining April 15th, 2014

Targeting cancer with a triple threat: MIT chemists design nanoparticles that can deliver three cancer drugs at a time April 15th, 2014

Biologists Develop Nanosensors to Visualize Movements and Distribution of Plant Stress Hormone April 15th, 2014

Patents/IP/Tech Transfer/Licensing

Harris & Harris Group Notes Mersana's Collaboration Agreement With Subsidiary of Takeda Pharmaceutical Co. April 8th, 2014

Nanoparticles cause cancer cells to self-destruct April 3rd, 2014

A*STAR's Simtech collaboration agreements to accelerate the growth and development of the microfluidics industry April 1st, 2014

Dolomite releases novel droplet-on-demand sequencing and droplet generation microfluidic system April 1st, 2014

Automotive/Transportation

Tiny particles could help verify goods: Chemical engineers hope smartphone-readable microparticles could crack down on counterfeiting April 15th, 2014

Nanotech Business Review 2013-2014 April 9th, 2014

Heat-conducting polymer cools hot electronic devices at 200 degrees C March 31st, 2014

Nanovations Sets new Benchmark in Automotive Windscreen Coating Durability: Nanovations new automotive glass coating Vision Protect, sets new benchmark in glass coating durability March 23rd, 2014

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







© Copyright 1999-2014 7th Wave, Inc. All Rights Reserved PRIVACY POLICY :: CONTACT US :: STATS :: SITE MAP :: ADVERTISE