China Nanotech opens new factory in Shaanxi

China Nanotech, Inc., a leading nano precipitated calcium carbonate (NPCC) and coal-based chemical products manufacturer in China, today announced the opening of its new advanced NPCC factory in Xianyang City, Shaanxi province, said the company in a statement. The new factory will employ China Nanotech's proprietary technology, co-developed with Tsinghua University, which significantly reduces the cost of producing NPCC, while enhancing the product quality and range of applications for which this versatile nano-scale material can be used. "China Nanotech's new Shaanxi factory is the first industrial application of the breakthrough Membrane Diffusion method for NPCC production in the world," said Mr. Xiangzhi Chen, President, CEO and Director of China Nanotech. "By adopting this technology, we expect to realize a significant competitive advantage in the burgeoning global market for NPCC.