NaturalNano Files Nanocomposite Patent for Wide Range of Uses in Polymers and Plastics Industries; Innovations Include Material and Process Advantages for Plastics Manufacturers by Use of Specially Treated Halloysite Nanotubes
"The patent application describes significant improvements for plastics and polymers used in the automotive, military, packaging, electronics, and aerospace industries. These applications require strong, ductile, and high-temperature materials," said Dr. Cathy A. Fleischer, NaturalNano's chief technology officer, a polymer chemist and former R&D Director at Eastman Kodak Company.
“By eliminating the expensive, time-intensive exfoliation process, these new nanocomposite technologies provide a tremendous benefit to manufacturers by enabling them to use existing processing equipment and processes, potentially reducing cost and cycle time”
Most notably, the specially treated halloysite nanotubes eliminate the need for exfoliation, an additional production step required with traditional nanoclay materials. Exfoliation involves separating layers of clay with chemicals and other processing steps. If incomplete, exfoliation may result in non-uniformity, or weak spots in the plastic, which can lead to brittle failure.
"By eliminating the expensive, time-intensive exfoliation process, these new nanocomposite technologies provide a tremendous benefit to manufacturers by enabling them to use existing processing equipment and processes, potentially reducing cost and cycle time," said Dr. Fleischer.
Key benefits of the specially treated halloysite nanotubes to the polymers and plastics industries include an increase in the nanocomposite material strength and modulus (resistance to fracture under stress) without sacrificing ductility (ability to flow without breaking), improved uniformity of finished materials, reduced component weight and improved performance at higher temperatures.
"Adding nano-enhanced materials, such as those being developed by NaturalNano, can reduce weight or increase performance properties of composite structures used in the transportation and construction equipment industries. This means that products with higher value or lower cost can be provided to the end-customer, which is of great interest to our member companies," said Jay Batten, Vice President, National Composite Center.
The patent-pending technologies also expand upon the Company's know-how and technologies for inserting active ingredients, such as fragrances, within the tubes for extended release as well as metallizing nanotubes for uses in electronics and other applications. Building upon research conducted at NaturalNano's laboratories, the patent filing follows on a provisional application filed by the Company one year ago and includes international coverage.
These innovations relate to the nanocomposite market within the estimated $300 billion North American plastics industry, as reported by the Society of the Plastics Industry. The global consumption of nanocomposites has an estimated annual growth rate in excess of 22% through 2010, according to forecasts from BCC Research.
About NaturalNano, Inc.
NaturalNano, Inc. (OTCBB:NNAN) (FWB:N3N) is a nanotechnology and materials science company developing proprietary technologies and processes for commercializing naturally occurring nanotubes and other nanomaterials that add competitive properties to a wide range of applications. These include industrial polymers, plastics and composites; and additives to cosmetics, personal care, and other products. NaturalNano possesses broad intellectual property rights and proprietary know-how for extraction and separation processes, compositions, and derivatives of halloysite and other nanotubes. For more information, please visit http://www.naturalnano.com/.
About the National Composite Center
Located in Kettering, Ohio, the NCC is recognized as a national center of excellence for the development and commercialization of cost-competitive composite materials and processes. NCC's ability to promote, develop, demonstrate and link composites to the appropriate markets is producing new business opportunities and sources of income that are helping to expand the industrial base. As a gatekeeper for the composite age, NCC is also committed to the exploration of advanced manufacturing technologies to provide industry and consumers alike with high-performance materials that last longer and cost less. By teaming with colleges, universities, and government, NCC is bridging the gap between science and practicality to strengthen commerce and contribute positively to the lives of communities across the nation. For more information, please visit www.compositecenter.org.
Cautionary Statement Regarding Forward-Looking Statements
Certain statements included in this press release may constitute forward-looking statements within the meaning of applicable securities laws. These statements reflect what NaturalNano anticipates, expects, or believes may happen in the future. NaturalNano's actual results could differ materially from the outcome or circumstance expressed or implied by such forward-looking statements as a result of a variety of factors including, but not limited to: NaturalNano's ability to develop its technologies; the approval of NaturalNano's patent applications; the successful implementation of NaturalNano's research and development programs; the ability of NaturalNano to demonstrate the effectiveness of its technology; the acceptance by the market of NaturalNano's technology and products incorporating such technology, the ability of NaturalNano to effectively negotiate and enter into contracts with third parties for the licensing of NaturalNano's technology; competition; the ability of NaturalNano to raise capital to fund its operating and research and development activities until it generates revenues sufficient to do so; and the timing of projects and trends in future operating performance, as well as other factors expressed from time to time in NaturalNano's periodic filings with the Securities and Exchange Commission (the "SEC"). As a result, this press release should be read in conjunction with NaturalNano's periodic filings with the SEC, which are incorporated herein by reference. The forward-looking statements contained herein are made only as of the date of this press release, and NaturalNano undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.