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DOW Dow Inc

56.83
0.00 (0.00%)
Pre Market
Last Updated: 12:39:13
Delayed by 15 minutes
Share Name Share Symbol Market Type
Dow Inc NYSE:DOW NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 56.83 19 12:39:13

Nanoco Group Gets First Royalty Payment from Dow Chemical Company

29/04/2016 9:33am

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LONDON--Nanoco Group PLC (NANO.LN) Friday said it has received its first royalty payment from Dow Chemical Company (DOW) after Dow sold Nanoco's cadmium-free quantum dots from its plant in Cheonan, South Korea, during the first three months of 2016.

The developer and manufacturer of cadmium-free quantum dots and other nano-materials said that even though this first royalty income is modest it marks an important milestone the sale of its technology.

Shares at 0800 GMT up 1 pence, or 2.6%, at 39 pence valuing the company at 92 million pounds ($131 million).

 

Write to Olga Cotaga at olga.cotaga@wsj.com, Twitter @OlgaCotaga

 

(END) Dow Jones Newswires

April 29, 2016 04:18 ET (08:18 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.

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