Bayer MaterialScience opens carbon nanotube pilot facility

Bayer MaterialScience announced last week that he has opened the world’s larger pilot facility for manufacture of carbon nanotubes at CHEMPARK Leverkusen in Germany.

“Current forecasts predict an annual growth rate of 25% for carbon nanotubes. Within ten years, the market is expected to be worth $2 billion,” says Dr. Joachim Wolff, head of Coatings, Adhesives, Specialties for Bayer MaterialScience. “‘We are also expecting nanotechnology to create a total of 100,000 new jobs in the German industry in the medium term,” he adds.

[Industry Week]