DGAP-News: Nanostart AG: Nanoceramic coating of Nanostart-holding ItN Nanovation AG passes field trials at the world's largest aluminium smelter RUSAL
(firmenpresse) - DGAP-News: Nanostart AG / Key word(s): Miscellaneous
Nanostart AG: Nanoceramic coating of Nanostart-holding ItN Nanovation
AG passes field trials at the world's largest aluminium smelter RUSAL
21.12.2011 / 15:29
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Frankfurt / Saarbrücken - December 21, 2011 - Nanostart-holding ItN
Nanovation AG, (ISIN DE000A0JL461) announces that
RUSAL's IRKAZ, an aluminium smelter based in Irkutsk, and specialists from
RUSAL's Engineering and Technology Center, have successfully tested
Nanocomp Metcast, nanocoatings developed by ItN Nanovation AG (Germany).
Nanocomp Metcast are innovative nanocoatings tailored to casting machinery.
They extend the service life of molds and lengthen the intervals for
maintenance of casting conveyors. As a result, the casting process becomes
more efficient at a lower cost.
Presently specialists from ItN Nanovation AG and RUSAL are studying
large-scale introduction of Nanocomp Metcast at RUSAL's aluminium smelters.
RUSAL would become the first Russian company to use innovative coatings
from ItN Nanovation AG, joining a noteworthy list of global metallurgy
companies like Nordural (Iceland), Qatalum (Qatar), Hydro (Norway), Talum
(Slovenia), EMAL (United Arab Emirates), Konzelmann Metallschmelzwerke
(Germany), and AMAG Casting (Austria).
UC RUSAL is the world's largest producer of aluminium, accounting in 2010
for approximately 10% of global production of aluminium and 10% of alumina.
RUSAL employs 72,000 people in 19 countries, across 5 continents. RUSAL's
ordinary shares are listed on The Stock Exchange of Hong Kong Limited
(Stock code: 486). Global depositary shares representing UC RUSAL's
ordinary shares are listed at the NYSE Euronext Paris (RUSAL / RUAL).
Russian depositary receipts representing RUSAL's ordinary shares are listed
on MICEX (RUALR) and RTS (RUAL) stock exchanges in Moscow.
About Nanostart:
Nanostart AG headquartered in the German financial capital
of Frankfurt, is a leading nanotechnology investment company, with
portfolio companies spanning the globe from Silicon Valley to Singapore.
The company provides venture capital financing for nanotechnology companies
in various growth phases with a focus on innovation-driven industries of
the future such as cleantech, life sciences and IT/electronics. Through its
subsidiary Nanostart Asia and the venture capital fund in Singapore,
Nanostart is proud to be the investment partner of the Singaporean
government.
About ItN Nanovation:
ItN Nanovation AG (ISIN DE000A0JL461) is one of Germany's leading
nanotechnology companies. It develops innovative ceramic products such as
filter systems and coatings for major industrial customers. The company
manufactures the necessary nanoscale powder in-house. ItN Nanovation's
filter products can be used for drinking water treatment and wastewater
purification, as filters in the drinks industry and to separate oil and
water. Nanotechnology-based ceramic coatings are used as protective and
catalytic layers in a wide range of applications in various industries,
from ovens through aluminum foundries to coal-fired power stations. ItN
Nanovation was founded in 2000. The company's success is based on an
extensive patent portfolio combined with in-depth development and
application expertise. For more information on the company, please visit
www.itn-nanovation.de.
Disclaimer:
This notice constitutes neither an offer to sell nor a solicitation of
offers to purchase or subscribe to securities. There will be no public
offering of securities of Nanostart AG in conjunction with the existing
listing of its shares in the 'Entry Standard' segment of the regulated
unofficial market (Freiverkehr) on the Frankfurt Stock Exchange. This
notice does not constitute a securities prospectus. Neither this notice nor
the information contained within is intended for direct or indirect
distribution within Canada, Australia or Japan.
Media contact:
Nanostart AG
Dr. Hans Joachim Duerr
Head of Corporate Communications
Goethestrasse 26-28
D-60313 Frankfurt, Germany
phone: +49 (0)69-21 93 96 111
fax: +49 (0)69-21 93 96 150
e-mail: presse(at)nanostart.de
End of Corporate News
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Datum: 21.12.2011 - 15:29 Uhr
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