Nanoco Welcomes Members of the European Parliament’s Rejection of Cadmium in Quantum Dots
21 May 2015 - 2:36AM
Business Wire
Nanoco Group plc (LSE: NANO), a world leader in the development
and manufacture of cadmium-free quantum dots and other
nanomaterials, confirms that Members of the European Parliament
(“MEPs”) have overwhelming voted against a proposed extension of an
exemption to the Restriction of Hazardous Substances Directive
(RoHS) which would have allowed the use of cadmium-containing
quantum dots in Europe.
Nanoco welcomes this decision by MEPs owing to the threat posed
by cadmium to human health and to the environment.
“We are very pleased by this decision by the European Parliament
and we would like to thank MEPs for the time they have taken to
understand the detail and implications of the proposed exemption,
said Michael Edelman, CEO, Nanoco. “Cadmium-free quantum dots are
without question the preferred choice for human and environmental
health. Such quantum dots have significant technological benefits
and they are available today. We look forward to their increasingly
widespread use throughout Europe, and worldwide, in multiple
applications including enhanced LCD displays.”
ABOUT NANOCONanoco (LSE:
NANO) is a world leader in the development and production of
cadmium-free quantum dots and other nano-materials for use in
multiple applications including lighting, LCD displays, solar cells
and bio-imaging. In the display market, it has an exclusive
manufacturing and marketing licensing agreement with The Dow
Chemical Company.
Nanoco was founded in 2001 and is headquartered in Manchester,
UK. It has production facilities in Runcorn, UK, and a US
subsidiary, Nanoco Inc, based in Concord, MA. Nanoco also has
business development offices in Japan, Korea and Taiwan. Its
technology is protected worldwide by a large and growing patent
estate. For further information please
visit: www.nanocogroup.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20150520006202/en/
Tier One PartnersColleen Irish,
617-842-1511cirish@tieronepr.com
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