BRIGHTON, Mass. — (BUSINESS WIRE) — July 18, 2012 — Infineum, one of the world leaders in the formulation, manufacturing and marketing of petroleum additives for lubricants and fuel, and Nano Terra, a Boston nanotechnology company founded by Professor George Whitesides of Harvard University, announced today the continuation of a product research and development collaboration started in 2011. The extended co-development program will produce a new class of materials for Infineum that will enhance its product offering for its customers, OEMs and end-users.
“This program is an example of the continued focus Infineum has on developing innovative solutions for the most critical challenges facing our industry – from creating the first pour-point depressants in the 1930s, to developing novel additives for today’s challenging engine environments,” said Rick Finn, Global Product Manager for Infineum USA. “We’re confident that this ongoing collaboration effort with Nano Terra will lead to new products and improved performance for our customers.”
Eric Keller, Nano Terra’s President, said, “We are excited to continue our close collaboration with an industry leader like Infineum on a product that leverages our expertise in materials development, chemistry and surface engineering. We look forward to working with Infineum to complete this co-development program and bring this innovation to market.”
About Nano Terra
Founded in 2005 with Professor George Whitesides of Harvard University, Nano Terra works with companies that commit to longer-term product development partnerships in a wide variety of industries, including electronics, aerospace, energy, industrial products, and consumer goods, as well as government agencies. Key components of Nano Terra’s technology platforms include Surface Engineering techniques (such as Soft Lithography, Self-Assembly, and Surface Chemistry), and the manipulation of novel nanomaterials. Customers include predominantly Fortune 1000 companies. The company is privately held and has its labs in Brighton, MA.
The Infineum Group of Companies is a world-class petroleum additives enterprise. With headquarters in Milton Hill, UK, Infineum is a developer, manufacturer and marketer of lubricant additives used primarily in automotive, heavy-duty diesel and marine engines, and additives for gasoline and diesel fuels. Its customers are oil companies and other lubricant and fuel marketers. The Infineum product line also includes specialty additives for automotive transmission fluids, and gear and industrial oils. For more information visit the Infineum Web site at http://www.infineum.com.
Peter Howe, 617-621-8500 X8519
CFO & EVP, Vertical Development