Posco acquires 20% of XG Sciences, plans to build a graphene fab in 2012
Korea's Posco (the world's third-largest steel maker) acquired a 20% in XG Sciences, a Michigan State University spinoff working on Graphene Nanoplatelets. Posco is now the largest share holder and they secured a license for graphene production.
Posco plans to build a graphene manufacturing facility in 2012. We don't have any more details currently...
Hanwha to fund XG Sciences Graphene-Nanoplatelets research with 1$ million
Korean-based Hanwha group has agreed to give 1$ million in funding to XG Sciences, a Michigan State University spinoff working on Graphene Nanoplatelets. The key to the material's capabilities is a fast and inexpensive process for separating layers of graphene into stacks less than 10 nanometers in thickness but with lateral dimensions anywhere from 100 nm to several microns, coupled with the ability to tailor the particle surface chemistry to make it compatible with water, resin or plastic systems.
Adding xGnP® graphene nanoplatelets to polymers at low concentrations results in nanocomposites that are multifunctional in that they possess an array of enhanced properties—including improved strength and significantly increased electrical and thermal conductivity—leading to new and expanded applications.
