Hyperion Catalysis concludes a License Agreement with Showa Denko
Hyperion Catalysis International, Inc. (Hyperion) has concluded a patent license agreement and a supply agreement with Showa Denko K.K. (SDK) of Japan. In exchange for certain payments, royalties and other consideration, the patent license agreement provides that SDK will be able to sell carbon nanotube-based products for use within a defined field in plastics under Hyperion’s extensive patent portfolio. The supply agreement provides that SDK will purchase Hyperion’s FIBRILTM carbon nanotube-based products for resale along with its own line of carbon nanotube-based products. The two companies have also identified other areas of mutual interest and have initiated discussions regarding possible joint R&D projects.