(MoneyNewsWire.Net, November 27, 2013 ) Stockholm, Sweden -- Corallium Investments AB revealed its decision to launch a new investment plan that will presuppose investing €25 mln in development of a new type of nanoclay. All development works will be carried out in a nanotechnology laboratory located in Berlin, Germany.
Nanoclay is a polymeric material that is becoming more and more used in production of fabrics, construction materials, and chemicals. It substantially enhances properties of a wide array of solid materials, gases, and liquids by imparting them with better clarity, stiffness, thermal stability, and so on.
Currently nanotechnology is one of the world’s most promising fields for investments, both foreign and national. According to the statistics, the total amount of funds invested in nanotechnology as of 2008 is more than €10 bln.
"While nanotechnology is becoming one of the most attractive and challenging investment sectors that can both contribute to the development of science and standard of living, Germany is an advanced state that has ample resources to put these developments into practice," said Mikael Ingemar, CEO of Corallium Investments AB.
An estimate of €25 mln is planned to be invested in development of a new type of nanoclay that will have enhanced stability, interlayer space, hydration level, and swelling capacity in order to widen the scope of its application and ensure its increased use.
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Corallium Investments AB