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Bayer Breaks Ground on Carbon Nanotube Facility

9:07 AM MST | February 9, 2009

Bayer MaterialScience says it has broken ground on a previously announced project to build a carbon nanotube (CNT) plant at Leverkusen (CW, Dec. 22/29, 2008, p. 13). It will be the world’s biggest CNT plant with capacity for 200 m.t./year and cost about €22 million ($28 million), Bayer says. The plant is scheduled to be completed this year. Bayer operates a CNT pilot plant at Laufenburg, Germany. The company forecasts annual demand growth of 25% for CNTs and says that the market will be worth about $2 billion/year in 10 years. CNTs are used to...

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