Business trend:
Showa Denko and
Mitsubishi Corp. ally to develop the technology for the next-generation nanotechnology-based
carbon materials. Showa Denko acquired 50% of Frontier Carbon jointly
established by Mitsubishi Corp. and Mitsubishi Chemical. Starting the
development of carbon nanotube more than 10 years ago, Showa Denko has been the
front runner in the production technology of carbon nanotube. It decided to
participate in developing technology involved in fullerene that is another
promising carbon material. Fullerene is expected to be used widely for the
material of highly efficient solar batteries.
Founded in 2001,
Frontier Carbon has been nearly monopolizing the word market of fullerene in
production with its self-developed technology that produces fullerene by burning
carbon hydride. The company started to operate the mass production facilities
of fullerene in 2003 for the first time in the world. It currently produces
about one ton of fullerene per year mostly for chemical companies. Frontier
Carbon already developed a negative-electrode material using fullerene and
achieved 11% in the efficiency to convert sunlight to electricity. It is now
trying to improve the conversion efficiency to 15-20%. In the field of carbon
nanotube, Zeon has already started mass production. (For details of Zeon, please
read No. 639.)
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