RELEASED ON 21/01/13 (DD/MM/YY)

Showa Denko has entered into a partnership with Mitsubishi
Corporation for fullerenes. It has taken a 50% stake in Frontier Carbon
Corporation (joint venture Mitsubishi Chemical and Mitsubishi Corporation).
Frontier specializes in the production and sale of nanocarbon products such
as fullerene. It will now be held 50:50 Showa Denko and Mitsubishi
Corporation. Showa Denko has marketed carbon nanotubes under the brand name
VGCF for 10 years. These are used in a number of applications including
lithium ion batteries. The joint venture will gain access to VGCF technology
for fullerene.

SOURCE Chimie Pharma Hebdo