BASF Signs R&D Agreement with NanoMaterials Technology

    SINGAPORE, Aug. 10 /Xinhua-PRNewswire/ -- BASF has signed a one-year
 R&D agreement with Singapore-based NanoMaterials Technology Pte Ltd
 ("NMT"), a company that develops and commercializes production technologies
 for nanomaterials. The collaboration will focus on nanoparticle synthesis
 and application development.
     In this collaboration, BASF will use NMT's technology for producing
 stabilized and agglomerate-free Zinc Oxide nanosuspensions, with particle
 sizes well below 20 nanometers (the millionth part of a millimeter). These
 small particles are used for further treatment to obtain tailor-made
 functionalities for a broad range of technical applications (catalysts,
 polymers, pigments, etc).
     "We are honoured to be working with BASF, the world's leading chemical
 company. By leveraging the strength of our High Gravity Controlled
 Precipitation (HGCP) technology platform in nanoparticle synthesis and
 BASF's strength in application development, we hope to be able to bring
 products to market in a shorter period of time," says Dr. Jimmy Yun, Chief
 Executive Officer of NMT.
     NMT will be working with BASF's Competence Center for Nanostructured
 Surfaces, which was set up in Singapore in April 2006 to concentrate on
 nanostructured surface modification.
     "Our R&D efforts are not just within our labs, but deliberately
 incorporate external partners, such as industrial partners, universities
 and research institutes," says Dr. Andreas Fechtenkoetter, head of BASF's
 Competence Center for Nanostructured Surfaces. "BASF is currently involved
 in about 1,300 R&D partnerships worldwide, which provide our research
 activities around the world with impulses on market needs and technology
 trends. We thus create extended communities, through which, people within
 and beyond BASF, exchange capabilities across disciplines, functions and
 time-zones to achieve objectives faster and more effectively."
     About BASF
     BASF is the world's leading chemical company: The Chemical Company. Its
 portfolio ranges from chemicals, plastics, performance products,
 agricultural products and fine chemicals to crude oil and natural gas. As a
 reliable partner to virtually all industries, BASF's intelligent system
 solutions and high-value products help its customers to be more successful.
 BASF develops new technologies and uses them to open up additional market
 opportunities. It combines economic success with environmental protection
 and social responsibility, thus contributing to a better future. BASF has
 approximately 94,000 employees and posted sales of more than euro 42.7
 billion (approximately $50.4 billion) in 2005. Further information on BASF
 is available on the Internet at .
     About NanoMaterials Technology Pte Ltd ("NMT")
     Founded in April 2000, NanoMaterials Technology (NMT) is a Singapore
 company that specialises in the development and commercialisation of the
 production technologies of nanomaterials.
     NMT has a proprietary technology called the High Gravity Controlled
 Precipitation (HGCP). The result of this breakthrough is a nanomaterial
 production technology that is simple, easy to scale up and extremely cost
 effective. NMT places great significance in the research and development in
     BASF media contact:
      Ian deSouza
      BASF South East Asia Pte Ltd.
      Phone: +65-6432-3684
      Fax:   +65-6432-3675
     NanoMaterials Technology media contact:
      Ms Joyce Chan
      Tel:   +65-6873-5410
     Cogent Communications Pte Ltd
      Ms Celine Ooi
      Tel:   +65-6323-3060

SOURCE NanoMaterials Technology Pte Ltd; BASF

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