A company, backed by Rusnano, the Russian state-owned nanotechnology corporation, has launched the production of polymer nanocomposites using nanosilicates for applications including packaging, cable insulation and steel pipeline coating, as per European Plastics News. The 48 mln euro (US$64.4 mln) project will produce both nanosilicates and polymer nanocomposites. Metaclay of Karachev in Russia’s Bryansk region plans to raise annual plant capacity from 14,860 tons to 50,000 tons by 2014.
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