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Nanoco reports steady progress at AGM

 Dow partnership on target for mass production of quantum dots in 2015

Nanoco Group plc, a UK firm that develops and manufactures cadmium-free quantum dots and other nanomaterials, held its Annual General Meeting today.

"We continue to be pleased by the progress being made in our partnership with The Dow Chemical Company for the manufacture and marketing of Nanoco quantum dots for the display market, ", said Anthony Clinch, Nanoco's chairman.

"We are particularly excited about 2015 when, as previously announced, we expect Dow to begin mass production of our quantum dots in Cheonan, South Korea, by mid-year, " he added.

The company is currently producing quantum dots from its own production facility in Runcorn to satisfy demand from customers and potential customers ahead of Dow's mass production facility in Choenan coming on line.

Clinch added: "We look forward with confidence to the year ahead, during which time we expect to deliver further substantial progress in the commercialisation of our technology across our key target markets including display, LED general lighting, solar and bio-imaging."

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