NaturalNano Expects Positive Cash Flow

2006-11-15 | 11:11

Sure, everybody's talking about nanotechnology...but is any company making any money? NaturalNano insists it has everything in place to report first-time revenue in 2007 and positive cash flow in 2008 from sales of its halloysite polymer additives.

Nanocomposites are the fastest growing segment in the forty billion dollar polymer composite market. This segment is estimated to more than double in size in the next four years. Analysts predict that nanoclays will be the largest component of the nanocomposite market in 2010. NaturalNano is confident that its unique clay nanotube technology is well positioned to capture a significant portion of this marketplace. "We believe we have an exceptional product that will enjoy rapid market acceptance by enabling the plastics manufacturer to produce lighter, stronger composites at lower cost," said Cathy Fleischer, Ph.D., President and Chief Technical Officer of NaturalNano.

Plastics manufacturers currently use nanoclay additives to produce stronger, lighter composites but these improvements come at a high cost. The increased costs result from the complex chemistry and multi-step exfoliation process required to separate the clay layers to obtain good dispersion and uniform properties.

NaturalNano's materials do not require exfoliation, and can be run on standard equipment, reducing production costs and increasing the number of manufacturers capable of participating in the fast growing nanocomposite market. NaturalNano's product can also be mixed with a broader range of polymers, enabling these materials to be utilized in more market segments.