World's largest carbon nanotube pilot facility

Bayer MaterialScience has opened a new pilot facility for the manufacture of carbon nanotubes (CNTs) at Chempark Leverkusen. The company has invested some €22 million in the planning, development and construction of the facility, which is the largest of its kind in the world and has an annual capacity of 200 metric tonnes. By investing in one of the key technologies of the future, Bayer MaterialScience is looking to gain a head start in supplying the demand for a whole host of applications for multi-wall carbon nanotubes, which the company is marketing under the trade name Baytubes®. Current forecasts predict an annual growth rate of 25% for carbon nanotubes. Within ten years, the market is expected to be worth $2 billion, according to Dr. Joachim Wolff, a member of Bayer MaterialScience's Executive Committee and head of the Coatings, Adhesives, Specialties segment. North Rhine- Westphalia is one of the world's leading nanotechnology locations. By opening the new facility, Bayer MaterialScience is once again demonstrating its commitment to Leverkusen and the industrial location of North Rhine-Westphalia. www.bayermaterialscience.comNike Air Max