OCSiAl’s investment will total about 80 to 100 million EUR and the project is expected to generate up to 200 highly qualified jobs in R&D, manufacturing, sales and marketing, maintenance and support services.
The Luxembourg government intends to grant OCSiAl a surface right on industrial land for the construction of the synthesis facility and an R&D centre for the development of nanotube industrial applications. Indeed, OCSiAl has already chosen a plot of land in Differdange proposed by the Luxembourg Ministry of the Economy, as the site where this ambitious project will be realised.
“Our choice for the location of the world’s largest facility was determined by the fact that Luxembourg is a highly industry-friendly environment and it is known for its strong commitment to assisting the development of the most innovative technologies. As OCSiAl’s corporate headquarters has been based in Luxembourg, the company is well aware of the high working standards and fast processing speeds when collaborating with both national government and municipality administrations. This kind of approach accelerates the development of new technologies”, said Konstantin Notman, CEO OCSiAl Europe.
Etienne Schneider, the Deputy Prime Minister and Minister of the Economy, said “The implementation of the new OCSiAl production and R&D facilities in Luxembourg confirms that the Grand Duchy is a destination of choice for investment by international hi-tech companies and for R&D activities. This project is in line with our economic diversification policy, which focuses on the sector of innovative materials and on research-intensive activities, and I am confident that the new OCSiAl operations in Luxembourg will be a great opportunity to further enhance the recognition of our composite materials competence centre.”
So far, OCSiAl is the only company that is allowed to produce and commercialise single wall carbon nanotubes in industrial volumes in Europe. In September 2016, its core product, TUBALL single wall carbon nanotubes, became the first in that category to be registered under the EU’s Registration, Evaluation, Authorisation and Restriction of Chemicals (REACH) regulations, thus taking the lead in raising the transparency of nanotube management worldwide and boosting their application in a wide range of industries.
In addition to the synthesis facility, OCSiAl intends to construct a centre for applied nanotechnology focused on industrial solutions for composite, elastomer and thermoplastic materials that will be based on the most cutting-edge nanotechnology achievements. The company is continuing to contribute to applied science and is in close cooperation with more than 20 scientific centres in many countries, including the Luxembourg Institute of Science and Technology (LIST) in Luxembourg, the Fraunhofer Society, Leibniz Institute of Polymer Research Dresden, German Institute of Rubber Technology (DIK) and Hamburg University of Technology (TUHH) in Germany, the Samsung Advanced Institute of Technology (SAIT) in Korea, the Moscow State University in Russia, Bar-Ilan University and Ariel University in Israel, and Rice University in the USA.
OCSiAl shares the commitment of the Grand Duchy of Luxembourg to developing innovative technologies and new materials of the future. The company is thus delighted to announce that The Future of Materials Summit: a New Age for Manufacturing, organised by The Economist Events and supported by OCSiAl, will be held in Luxembourg on 13–14 November 2017. The Summit will bring together leading manufacturers, scientists, technologists and policymakers for a discussion intended to illuminate the role of novel materials in the manufacturing industries of the future.