The Ministry of the Economy and the Ministry of Finance of the Grand Duchy of Luxembourg and materials manufacturer OCSiAl, a manufacturer of advanced materials, have signed a Memorandum of Understanding to build a plant for single wall carbon nanotubes.
The facility is planned to have an annual capacity up to 250 tonnes and a center for applied nanotechnology. According to its developers, the manufacturing and R&D complex will be the world’s largest center for the synthesis and industrial application of single wall carbon nanotubes. The first stage of the facility is scheduled for launch in 2020.
OCSiAl’s investment will total about €80 to 100 million and the project is expected to generate up to 200 jobs.
‘Our choice for the location of the world’s largest facility was determined by the fact that Luxembourg is a highly industry-friendly environment and it is known for its strong commitment to assisting the development of the most innovative technologies,’ said Konstantin Notman, CEO OCSiAl Europe.
In addition to the synthesis facility, OCSiAl plans to construct a center focused on industrial solutions for composite, elastomer and thermoplastic materials.
This story is reprinted from material from OCSiAl, with editorial changes made by Materials Today. The views expressed in this article do not necessarily represent those of Elsevier.
