About DowAksa
Aksa Akrilik Kimya Sanayii A.S. and The Dow Chemical Company affiliate Dow Europe Holdings B.V. signed a preliminary agreement in 2011 for the manufacture and worldwide marketing of carbon fiber and carbon fiber based products. Following the preliminary agreement Dow Europe Holdings B.V., which is a 100 per cent The Dow Chemical Company (NYSE: Dow) owned company and the world's leading company in acrylic fiber industry Aksa Akrilik Kimya Sanayii A.S. (ISE: AKSA) signed the final agreement for a joint venture of DowAksa Advanced Composites Holdings BV. Aksa and Dow have 50 per cent ownership in DowAksa Advanced Composites Holdings BV.
The strategy presupposes potential investments in Prepreg-ACM and Nanotechnology Center of Composite, two Russian companies with co-investment from RUSNANO. The parties have agreed to explore #
RUSNANO was founded in March 2011 as an open joint stock company through reorganization of state corporation Russian Corporation of Nanotechnologies. RUSNANO's mission is to develop the Russian nanotechnology industry through co-investment in nanotechnology projects with substantial economic potential or social benefit. The Government of the Russian Federation owns 100 percent of the shares in RUSNANO. Anatoly Chubais is CEO and chairman of the Executive Board of RUSNANO.
Work to establish nanotechnology infrastructure and training for nanotechnology specialists, formerly conducted by the Russian Corporation of Nanotechnologies, has been entrusted to the Fund for Infrastructure and Educational Programs, a non-commercial fund also established through reorganization of the Russian Corporation of Nanotechnologies.
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