Showa Denko K.K. (SDK) and Prof. Endo to Form Carbon Nanofiber Joint Venture
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Showa Denko K.K. (SDK) and Prof. Endo to Form Carbon Nanofiber Joint Venture - JCN Newswire
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Showa Denko K.K. (SDK) and Prof. Endo to Form Carbon Nanofiber Joint Venture

Tokyo, Sept 30, 2003 - (JCN Newswire) - Prof. Morinobu Endo, Faculty of Engineering, Shinshu University, and Showa Denko K.K. (SDK; TSE: 4004) have agreed to establish a joint venture for research of advanced carbon materials and their application to energy devices. The new company, MEFS Co., Ltd., will focus on R&D of carbon nanofiber in the category of "multi-walled carbon nanotube" (MWCNT) that has great potential for wide-ranging applications.

Prof. Endo discovered carbon nanotube while he was a researcher at the University of Orleans, France (in around 1975). Since then, he has been engaged in the study of the basic science of a wide variety of advanced carbon materials, including carbon fiber and carbon cluster, as well as application of these materials to high-performance batteries for portable electronic equipment and electric vehicles, and power source systems.

In 1982, Prof. Endo and SDK started joint researches into VGCF (vapor-grown carbon fiber), a typical MWCNT. While promoting application of VGCF as high-performance additive in lithium-ion secondary batteries, the two parties established the world's first volume production technology of very fine VGCF products.

Based on this achievement, SDK has become the sole producer/marketer of carbon nanofiber in Japan, operating a 40-ton-per-year commercial plant.

In addition to carbon nanofiber, MEFS Co., Ltd. will promote R&D of advanced carbon materials for use in fuel cells and capacitors. Through speedy and strategic R&D efforts, the company will acquire intellectual property for its achievements.

Under the ongoing medium-term consolidated business plan (the Sprout Project), SDK is expanding the fine carbon business as one of its "strategic growth businesses" and developing battery materials based on the "strategic market unit" (SMU) concept. From now on, SDK will step up expansions in this field by commercializing R&D accomplishments of MEFS Co., Ltd.

Profile of the New Joint Venture
Company name: MEFS Co., Ltd. Capital: JPY 10 million Establishment: November 2003 Head office: Nagano City, Nagano Prefecture Chief Executive Officer: Toyoharu Fujii (Director & Executive Officer, Inorganic Materials Sector, Showa Denko K.K.) Chief Technology Officer: Prof. Morinobu Endo Scope of business: R&D as entrusted by SDK and its related companies regarding carbon materials and energy devices; provision of consulting services; all relevant activities

About Showa Denko

Showa Denko K.K. ('SDK'; TSE: 4004, US: SHWDF) is a major manufacturer and marketer of chemical products serving a wide range of fields ranging from heavy industry to the electronic and computer industries. SDK makes petrochemicals (ethylene, propylene), aluminum products (ingots, rods), electronic equipment (hard disks for computers) and inorganic materials (ceramics, carbons). The company has overseas operations and a joint venture with Netherlands-based Montell and Nippon Petrochemicals to make and market polypropylenes. In March 2001, SDK merged with Showa Denko Aluminum Corporation to strengthen the high-value-added fabricated aluminum products operations, and is today developing next-generation optical communications-use wafers. For more information, please visit www.sdk.co.jp .

Contact:

Showa Denko K.K.
Nobuhiro Kato
nobuhiro_kato@sdk.co.jp
+81 3 5470 3233

Professor Endo's Office
+81 26 269 5201

 


Sept 30, 2003
Source: Showa Denko

Showa Denko (TSE: 4004) (U.S: SHWDF)

From the Japan Corporate News Network
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Topic: Research and development
View more news from these Sectors: Chemicals, Chemicals, Chemicals, Chemicals, Chemicals, Chemicals


 
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