Quantum Materials Corp. (fka QTMM)

[drugmanrx]

Seems to be a industry trend

Nanoco Group plc (AIM: NANO), a world leader in the development and manufacture of cadmium-free quantum dots and other nanomaterials, notes today’s announcement from The Dow Chemical Company (“Dow”), Nanoco’s global licensing partner, stating that Dow will begin construction of the world’s first large-scale, cadmium-free quantum dot manufacturing plant capable of supporting the manufacture of “millions of cadmium-free quantum dot televisions and other display applications”.

The start of construction reflects customer demand for Nanoco quantum dots, triggering a milestone payment from Dow to Nanoco. Preparatory work for construction of the plant, at an existing Dow site in Cheonan, South Korea, is well advanced.

Commercial production of Nanoco quantum dots at the plant is expected to begin in the first half of 2015. The quantum dots will be marketed by Dow under the brand name TREVISTA™ Quantum Dots.