Bayer unit leaving carbon nanotube sector

Bayer MaterialScience has decided to exit the carbon nanotube sector. "We remain convinced that carbon nanotubes have huge potential. It has been found, however, that the potential areas of application that once seemed promising from a technical standpoint are currently either very fragmented or have few overlaps with the company's core products and their application spectrum," said Patrick Thomas, CEO of the Bayer unit.

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