Raymor Industries, a major single-walled carbon nanotube (SWCNT) growth company, and NanoIntegris Technologies, a company specializing in carbon nanotube purification and separation, have concluded a business combination to advance the SWCNT industry.
In 2013, NanoIntegris and Raymor will combine their carbon nanotube supply chain, reduce production costs, expand separation process, and team up with strategic partners to develop new applications. Raymor Industries’ Chief Executive Officer, Jacques Mallette will also be the Chief Executive Officer of NanoIntegris, while NanoIntegris’ former Chief Executive Officer, Elliott Garlock will be designated as Director of Business Development. Dr. Nathan Yoder will continue to serve as NanoIntegris’ Chief Technology Officer.
The annual SWCNT production capacity of Raymor is nearing 1 ton. High purity grades and low cost intermediates will be introduced this fall. Moreover, NanoIntegris is expanding its separation process to unveil new metallic and semiconducting inks at a lower cost. The company recently shifted from Illinois to Silicon Valley for a closer cooperation with customers who use NanoIntegris’ metallic and semiconducting carbon nanotubes to develop applications such as thin film transistors, transparent conductors and electrical composites.
Mallette informed that the combination of NanoIntegris’ technological know-how in purification and separation and Raymor’s scalable, inexpensive, superior-quality SWCNT growth process will enable the group to provide better services to the market by synthesizing inexpensive products based on the specific requirements of customers. Once the integration is completed, the combined entity can produce a competitive semiconductor ink for use in the printed electronics industry and a suite of affordable, superior-quality raw and purified SWCNT grades as ingredients for conductive and mechanical composites and as ITO replacement.
Garlock commented once the vertical integration with Raymor is completed and new production processes are introduced, the company can offer high-purity metallic and semiconducting inks at a cost competitive with ITO materials, organic semiconductors, and other solution based electronic materials.
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