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

News and information

Chains of nanogold – forged with atomic precision September 23rd, 2016

Tattoo therapy could ease chronic disease: Rice-made nanoparticles tested at Baylor College of Medicine may help control autoimmune diseases September 23rd, 2016

Nanotech Grants Options September 22nd, 2016

Coffee-infused foam removes lead from contaminated water September 21st, 2016

Graphene/ Graphite

Graphene nanoribbons show promise for healing spinal injuries: Rice University scientists develop Texas-PEG to help knit severed, damaged spinal cords September 19th, 2016

Semiconducting inorganic double helix: New flexible semiconductor for electronics, solar technology and photo catalysis September 15th, 2016

Bringing graphene speakers to the mobile market (video) September 12th, 2016

Atomic scale pipes available on demand and by design September 9th, 2016

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

Carbodeon Ltd Oy Closes EUR 1.5 million Funding Round From Straightforward Capital: Carbodeon will accelerate its nanodiamonds business and expand manufacturing capacity August 21st, 2016

Leading Advanced Materials Manufacturer Pixelligent Closes $10.4 Million in Funding: Capital Will Boost Capacity for North American Manufacturing, Drive Asian Expansion, and Continue Innovation in Solid State Lighting and OLED Display Applications August 16th, 2016

Harris & Harris Group to Host a Shareholder Update Call, Including a Presentation by One of Its Precision Health and Medicine Portfolio Companies, Muses Labs, Inc., on August 23, 2016 August 16th, 2016

NanoLabNL boosts quality of research facilities as Dutch Toekomstfonds invests firmly June 10th, 2016

Investments/IPO's/Splits

Nanotech Grants Options September 22nd, 2016

Arrowhead Pharmaceuticals to Present at Upcoming September Conferences September 1st, 2016

Industrial Nanotech, Inc. Provides Shareholder Update August 22nd, 2016

Carbodeon Ltd Oy Closes EUR 1.5 million Funding Round From Straightforward Capital: Carbodeon will accelerate its nanodiamonds business and expand manufacturing capacity August 21st, 2016

Chip Technology

Mexican scientist in the Netherlands seeks to achieve data transmission ... speed of light September 20th, 2016

Towards Stable Propagation of Light in Nano-Photonic Fibers September 20th, 2016

PHENOMEN is a FET-Open Research Project aiming to lay the foundations a new information technology September 19th, 2016

NIST Patents Single-Photon Detector for Potential Encryption and Sensing Apps September 16th, 2016

Announcements

Chains of nanogold – forged with atomic precision September 23rd, 2016

Tattoo therapy could ease chronic disease: Rice-made nanoparticles tested at Baylor College of Medicine may help control autoimmune diseases September 23rd, 2016

Nanotech Grants Options September 22nd, 2016

Coffee-infused foam removes lead from contaminated water September 21st, 2016

Patents/IP/Tech Transfer/Licensing

NIST Patents Single-Photon Detector for Potential Encryption and Sensing Apps September 16th, 2016

For first time, carbon nanotube transistors outperform silicon September 8th, 2016

Industrial Nanotech, Inc. Provides Shareholder Update August 22nd, 2016

Starpharma initiates new DEP™ drug delivery program with AstraZeneca July 27th, 2016

Automotive/Transportation

Carbon-coated iron catalyst structure could lead to more-active fuel cells September 15th, 2016

GLOBALFOUNDRIES Launches Embedded MRAM on 22FDX® Platform: High-performance embedded non-volatile memory solution is ideally suited for emerging applications in advanced IoT and automotive September 15th, 2016

GLOBALFOUNDRIES Extends FDX™ Roadmap with 12nm FD-SOI Technology: 12FDXTM delivers full-node scaling, ultra-low power, and software-controlled performance on demand September 8th, 2016

Imperial College use Kleindiek micromanipulators in their research into electrochemical energy devices September 6th, 2016

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







Car Brands
Buy website traffic