Nanox is an advanced materials company developing innovative nanocrystalline perovskite-based catalysts for environmental emission control, with a focus on the automotive stationary engine markets.
The emission control market is over $10 billion and growing steadily, especially with the expansion in Asia. The platinum group metals (PGM) remain the catalysts of choice but this situation is complicated by the requirement for higher performance at lower costs while the PGM are experiencing escalating prices. Nanox now offers an attractive solution to this problem with these perovskite-based Nanoxite™ catalysts engineered with unique structural features and high surface areas that enable higher catalytic efficiency at lower temperatures without sacrificing durability performance.
The Nanoxite products are readily incorporated into existing manufacturing processes used in the catalyst industry allowing easy market entry. Nanox has commissioned a pilot plant to produce commercial levels of the various catalyst formulations aimed at the autocatalyst, stationary and the CO/VOC oxidation markets. The Company aims to ramp up production and complete a larger scale production plant in late 2006.