Central regions | Technology & innovation

Rusnano to buy 49% in Metaclay for $15.4m

19 Jan '10
The Federal Antimonopoly Service (FAS) has approved a request by state corporation Rusnano to purchase 49% shares in innovation project company Metaclay to manufacture nano-composite materials for $15.4m, FAS reports.

As Marchmont wrote earlier, $72 production of polymer nano-composites is to be located at Metallist plant in the town of Karachev, Bryansk region (see news of November 11, 2009).

The project initiator Metallist is to invest into the project its intellectual property, land, real estate, and equipment, with estimated value of $16m. Rusnano is to invest $15.4m into the project companys authorized capital and to loan another $23m. The remaining $17.6m is to be loaned by an as-yet-unnamed financial co-investor.
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Tags: FAS (65) / Rusnano (426) / Federal Antimonopoly Service (35) / Metallist (1) / polymer nano composite (0) / Metacley (0) /

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