More news
- New Managing Director of BASF’s Coatings division
- Global New Material International (GNMI) to acquire Merck’s Surface Solutions busine...
- Delta Coatings unveils plans for global eco-friendly HQ and plant
- PPG recognised for sustainability progress by FTSE4Good for sixth consecutive year
- ChemQuest expands Business Development team, names four VPs
Tesla NanoCoatings, a leading producer of corrosion-resistant protective coatings using carbon nanotechnology, has announced a strategic partnership with SK Global Chemical, a Korean company headquartered in Seoul. The deal calls for an initial investment by SK Global Chemical of up to US$5M in the first year and up to US$50M over the next five to seven years.
SK Global Chemical is a subsidiary of SK Innovation, Korea’s first oil refiner.
Tesla NanoCoatings produces Teslan, a highly effective paint-like corrosion control coating for structural steel utilising carbon nanotubes, which self-assemble into rope structures, making them highly conductive, tough and flexible.