Nanogate AG increases presence and opens up new markets in Asia
Subsidiary HOLMENKOL sets up Asian branch in Japan – reappearance at “nano tech 2008” in Tokyo – first tribology products based on metallic nanocomposites presented
Tokyo/Saarbrücken, 13 February 2008. Following on from its success last year, Nanogate AG (ISIN DE000A0JKHC9) is presenting itself for the second time at the world’s most important nanotechnology fair, “nano tech 2008” in Tokyo (13 to 15 February 2008). One of the fair’s focal points concerns new tribology products for improving energy efficiency in automobile manufacturing and mechanical engineering. As part of its growth strategy, Nanogate is looking to provide a general and sustained boost to its market cultivation in Asia. Its subsidiary HOLMENKOL has, for example, announced the establishment of its own branch in Japan.
One focal point of Nanogate’s presence at the “nano tech 2008” was the announcement of the foundation of its own HOLMENKOL subsidiary to cater to the Asian market. It is expected that the new company will generate sales well into six figures (in euro terms) as early as the financial year 2008. HOLMENKOL, a long-established company, focuses on surfaces for the sport and leisure segment and recently substantially broadened its technological competence and its strategic interlocking with Nanogate AG.
In addition, current innovations and applications will be presented to the Asian market with the “Saarland empowering nano” initiative. At its fair stand, Nanogate will be presenting its latest solutions for car manufacturing and mechanical engineering, the new product series NanoGuard® for application in buildings, and the possibilities for applying Dotfarm® optics in displays. Special emphasis will be given to the first tribological products to be based on metallic nanocomposites (MMC), which the new Nanogate technology Nanoplating® has made possible. These products are particularly suitable for reducing the friction between moving parts and thereby improving energy efficiency, for example in engines. At the end of last year, Nanogate had successfully completed the transition of this technology from laboratory to industrial standard and, in connection with this, officially opened a new application centre.
Nanogate will also be taking advantage of the opportunity to enhance its existing commercial contacts and make preparations for specific projects. In renewing its presence at the “nano tech” in the Japanese capital, Nanogate AG is intensifying its commitment to the financially powerful Asian market. At this, the world’s largest nanotechnology fair, more than 180 exhibitors will reach approximately 45,000 visitors from all over the world.
“With the ongoing intensification of our market cultivation activities, not to mention the new HOLMENKOL branch, we are increasing our presence on the high-volume Asian market. We expect this to generate positive momentum for all Nanogate AG business segments and to enable us to expand our existing networks. In the medium term, Nanogate wants to achieve a strong presence on the Asian market, one that is strategically significant for our growth strategy”, explains Michael Jung, a member of the Nanogate Management Board. “Asian, and especially Japanese, industry is traditionally strongly focused on the use of high-performance materials. In this area, the growing use of nanotechnology is increasingly coming to occupy a key role. With our comprehensive system competence in the field of multifunctional surface enhancements, we offer interesting new approaches for the innovation process and a broad range of products that are already successful”, explains Michael Jung. Nanogate therefore sees itself in an advantageous starting position for the upcoming development of the Asian market.
