Aug. 17, 2006 – Nanophase Technologies, a Romeoville, Ill., maker of nanomaterials and advanced nanoengineered products, announced the initial order for a new textile application. Details of the customer and application were not disclosed.
“This order represents the culmination of more than two years of application development with a leading global supplier to the textile industry,” stated Ian Roberts, vice president of U.S. and international sales, in a prepared statement. “As we have stated, nanomaterial applications for textiles is one of several target markets for Nanophase.
The company said the order represents its first product to be introduced for textile applications. While Nanophase does not expect material revenue from the application during 2006 in the initial launch process, company representatives said it is optimistic about continuing revenue growth from the textile market over the next few years.