Carbon Nanotubes Specialist Nanocyl Expands Into North America

European carbon nanotubes leader Nanocyl recently extended its presence to the North American market with a sales office based in Boston, Massachusetts. This extension is the result of a partnership between Nanocyl and the specialty polymers company Vantage Resin Systems.
Because of the importance of the North American market for the commercialization of carbon nanotubes, European carbon nanotubes specialist Nanocyl opened a Boston-based US sales office earlier this year. In order to make this happen, Nanocyl signed a collaboration agreement with Vantage Resin Systems, a specialty polymers company led by Andrew Rich. The launch of Nanocyl’s US office represents a new important stage in the further development of Nanocyl as one of the key players in the production of carbon nanotubes on a worldwide level.
The first target end-use for NC7000 carbon nanotubes is to impart electrical conductivity to thermoplastics. The key responsibilities of Rich and Vantage Resin Systems are to grow Nanocyl's US business by working closely with US-based companies in the key end-user markets such as automotive, industrial, semicon, aerospace, sports equipment and refining industries.
Andy Rich and Vantage Resin Systems will also make a strong push into the area of composites where carbon nanotubes potentially can act as mechanical reinforcement. The unique properties of carbon nanotubes will also open the door to other applications – such as long-life batteries and mobile fuel cells – where research is rapidly moving to commercially viable products.
“The opening of a US office is crucial for the further development of Nanocyl as a worldwide player in the commercialization of carbon nanotubes”, says Francis Massin, Managing Director of Nanocyl. “We strongly believe that there is a large market opportunity for Nanocyl in the US and that Andy Rich and Vantage Resin Systems are the right partner to not only seize these market opportunities for Nanocyl, but also to ensure our long-term market development in the US.”
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