Posted: April 29, 2007

The End For The UK's Leading Nanotechnology Company?

(Nanowerk News) In our news on April 9 we reported that the future of Oxonica, Britain's was in doubt ("Future of UK's leading nanotechnology company is in doubt").
Yesterday, the Financial Times reported that shares in Oxonica were suspended after the nanotechnology company lost its biggest customer.
Last month Oxonica warned that trials of its Envirox diesel catalyst with Petrol Ofisi, Turkey's biggest diesel supplier, were proving inconclusive. Petrol Ofisi has now formally notified the company of the termination from July 10 of the contract to supply Envirox.
Source: Financial Times
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