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SABIC takes majority stake in nanotech firm Black Diamond Structures

Mon, 01/28/2019 - 00:00 -- Hugh Finzel

Chemicals group SABIC has taken a majority stake in nanotechnology company Black Diamond Structures (BDS).

BDS produces Molecular Rebar, “a proprietary technology of modified carbon nanotubes” reported to boost the performance of both lithium-ion and lead-acid batteries.

Molecular Rebar delivers “clean and discrete carbon nanotubes of uniform aspect ratio”, reducing their tendency— in comparison to conventional carbon nanotubes— to get entangled, cake, and hold high residual impurities, BDS said. 

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