Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button

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

Graphene/ Graphite

UCLA chemists synthesize narrow ribbons of graphene using only light and heat: Tiny structures could be next-generation solution for smaller electronic devices December 8th, 2017

News and information

UCLA chemists synthesize narrow ribbons of graphene using only light and heat: Tiny structures could be next-generation solution for smaller electronic devices December 8th, 2017

Untangling DNA: Researchers filter the entropy out of nanopore measurements December 8th, 2017

Device makes power conversion more efficient: New design could dramatically cut energy waste in electric vehicles, data centers, and the power grid December 8th, 2017

JPK Instruments announce partnership with Swiss company, Cytosurge AG. The partnership makes Cytosurge’s FluidFM® technology available on the JPK NanoWizard® AFM platform December 8th, 2017

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

180 Degree Capital Corp. Leads Investment in TheStreet, Inc.; Investment Enables Removal of Capital Structure Overhang November 14th, 2017

180 Degree Capital Corp. Appoints Investment Banking Veteran Parker Weil to Its Board of Directors August 2nd, 2017

Forge Nano 2017: 1st Quarter Media Update April 20th, 2017

180 Degree Capital Corp. Announces the Start of Kevin Rendino as Chairman and Chief Executive Officer and Completion of its Transition to a Registered Closed-End Fund March 31st, 2017

Investments/IPO's/Splits

Nanometrics to Participate in the 6th Annual NYC Investor Summit 2017 November 16th, 2017

180 Degree Capital Corp. Leads Investment in TheStreet, Inc.; Investment Enables Removal of Capital Structure Overhang November 14th, 2017

Arrowhead Pharmaceuticals Reports Inducement Grants under NASDAQ Marketplace Rule 5635(c)(4) October 23rd, 2017

Arrowhead Hosts Investor & Analyst R&D Day to Introduce TRiM(TM) Platform and Lead RNAi-based Drug Candidates September 14th, 2017

Chip Technology

UCLA chemists synthesize narrow ribbons of graphene using only light and heat: Tiny structures could be next-generation solution for smaller electronic devices December 8th, 2017

Device makes power conversion more efficient: New design could dramatically cut energy waste in electric vehicles, data centers, and the power grid December 8th, 2017

Leti Integrates Hybrid III-V Silicon Lasers on 200mm Wafers with Standard CMOS Process December 6th, 2017

Leti Breakthroughs Point Way to Significant Improvements in SoC Memories December 6th, 2017

Announcements

UCLA chemists synthesize narrow ribbons of graphene using only light and heat: Tiny structures could be next-generation solution for smaller electronic devices December 8th, 2017

Untangling DNA: Researchers filter the entropy out of nanopore measurements December 8th, 2017

Device makes power conversion more efficient: New design could dramatically cut energy waste in electric vehicles, data centers, and the power grid December 8th, 2017

JPK Instruments announce partnership with Swiss company, Cytosurge AG. The partnership makes Cytosurge’s FluidFM® technology available on the JPK NanoWizard® AFM platform December 8th, 2017

Patents/IP/Tech Transfer/Licensing

Chinese market opens up for Carbodeon nanodiamonds: Carbodeon granted Chinese Patent for Nanodiamond-containing Thermoplastic Thermal Compounds December 4th, 2017

Picosun’s ALD nanolaminates improve lifetime and reliability of electronic circuit boards October 24th, 2017

Novel 'converter' heralds breakthrough in ultra-fast data processing at nanoscale: Invention bagged four patents and could potentially make microprocessor chips work 1,000 times faster October 20th, 2017

Nanoparticles limit damage in spinal cord injury: Injection after an injury reduces inflammation and scarring September 6th, 2017

Automotive/Transportation

Device makes power conversion more efficient: New design could dramatically cut energy waste in electric vehicles, data centers, and the power grid December 8th, 2017

Chinese market opens up for Carbodeon nanodiamonds: Carbodeon granted Chinese Patent for Nanodiamond-containing Thermoplastic Thermal Compounds December 4th, 2017

The next generation of power electronics? Gallium nitride doped with beryllium: How to cut down energy loss in power electronics? The right kind of doping November 9th, 2017

Leti Coordinating Project to Develop Innovative Drivetrains for 3rd-generation Electric Vehicles: CEA Tech’s Contribution Includes Liten’s Knowhow in Magnetic Materials and Simulation And Leti’s Expertise in Wide-bandgap Semiconductors October 20th, 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