15 May 2009 15:45 [Source: ICIS news]
TORONTO (ICIS news)--Bayer MaterialScience and US-based nano technology firm Nano Terra have formed an alliance to cooperate on developing and testing new films product solutions and manufacturing options, they said on Friday.
Under their pact, Nano Terra would apply its surface engineering expertise to Bayer's materials to create new surface functionalities, they said.
“We are committed to delivering improved films product solutions to our customers through the judicious application of new technologies such as Nano Terra’s,” Bernd Steinhilber, senior vice president and head of functional films at Bayer MaterialScience, said.
Nano Terra president Ueli Morant said: “Bayer MaterialScience’s leading global position in the polymer and coatings raw material market makes them an ideal partner for Nano Terra.”
Financial or other terms were not disclosed.
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections