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PPG Acquires NanoProducts Corporation
February 12, 2008
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By aftermarketNews staff

PITTSBURGH -- PPG Industries has acquired the assets and intellectual property of NanoProducts Corp., a Longmont, CO, producer of nanoproduct materials and a developer of nanoproduct technology. Terms were not disclosed.

NanoProducts Corp. has an extensive patent estate and operates pilot facilities for the development and manufacture of unique nanoparticles.

This acquisition significantly strengthens PPG‘s nanotechnology patent portfolio, according to James Trainham, PPG vice president, science and technology. “With these new materials, PPG can offer its customers and development partners unique, high-value solutions. PPG will also license nanotechnology solutions, particularly in areas outside its existing businesses,” Trainham said.

PPG’s nanotechnology solutions include a number of patented innovations such as thin-film, optically clear nanocomposites for scratch and mar protection as well as the reflection of infrared and ultraviolet light from glass.

For more information about PPG, visit: www.ppg.com.