Release Tuesday, January 14, 2003
EXCLUSIVE MANUFACTURING PARTNERSHIP WITH TAIWAN SURFACTANT CORPORATION
YORK, PA, USA and
TAIPEI, TAIWAN, ROC - Industrial Science & Technology Network, Inc.
("ISTN") and Taiwan Surfactant Corporation ("Taiwan Surfactant")
have agreed to a strategic partnership that will integrate ISTN's innovative
nanotechnology research and Taiwan Surfactant's high-quality, scalable
Under the terms
of the agreement, Taiwan Surfactant will serve as the exclusive manufacturer
for ISTN's chemically-surface modified gel (CSMG) products, which are
designed to selectively adsorb toxic heavy metal ions from waste water
using a novel nanopore structure that has extremely high surface area
and customized functional groups which optimize adsorption. Taiwan Surfactant
has also agreed to re-invest a percentage of its manufacturing profits
into ISTN's continued product development efforts.
"We feel that
Taiwan Surfactant is an ideal long-term manufacturing partner for our
CSMG product line," said Dr. Arthur J. Yang, ISTN's President.
"Because of their manufacturing expertise in the surfactants field,
they have an exceptional understanding of how to stabilize the surface
properties of extremely small particles during the manufacturing process,
an area of expertise which is very valuable for nanoscale applications.
We are also excited because the deal further establishes our global
ISTN received Phase
I and and Phase II Small Business Innovation Research (SBIR) grants
from the Department of Energy to develop CSMG and has conducted customer
trials in the United States. It expects to begin manufacturing the product
in the first half of 2003. Unlike many existing methods of waste stream
remediation, CSMG can effectively reduce ion concentrations to the parts
per billion level, meeting even the strictest municipal discharge standards.
"We are extremely
excited that our product fulfills a clear societal need- a cleaner environment,"
said Dr. Yang.
Founded in 1977,
Taiwan Surfactant is a leading manufacturer of surface active agents,
textile auxiliaries, personal care ingredients and other specialty chemicals.
The Company presently operates two plants in Taiwan, including one located
in the Kwang-Inn Industrial Area. The Kwang-Inn plant is equipped with
efficient, large-scale, high-temperature/pressure glass-lining reactors
and other modern equipment required in such unit processes as quaternization,
amidation, phosphation, esterification, sulfonation and polymerization.
The Company also retains an R&D staff that is dedicated to understanding
the changing technological requirements of the industries it serves.
ISTN is a materials
research company specializing in the development and commercialization
of nanotechnology products for industrial applications in three primary
focus areas: traditional products, optical electronics and biotechnology.
ISTN's Founder and President, Dr. Arthur J. Yang, has a wealth of nanotechnology-related
research experience dating back to 1992, when he won an Advanced Technology
Program (ATP) grant from the Department of Commerce to develop nanopore
thermal insulation for Armstrong World Industries. Since its founding
in 1996, ISTN has been dedicated to staying on the cutting edge of nanomaterials
research. ISTN's R&D Center is currently located in York, PA; it
is also pursuing expansion plans in both the U.S. and Asia. For more
information on ISTN, please visit our web site at www.istninc.com.
For more information,
Director of Business Development & Strategic Planning