SK Global Chemical will invest up to $55 Million US into Tesla NanoCoatings over the next eight years.
Tesla’s NanoCoatings, Inc. is a US company which has developed Teslan(R). According to the company, Teslan(R) is a highly effective paint-like corrosion control coating for structural steel utilizing carbon nanotubes, which self-assemble into rope structures, making them highly conductive, tough and flexible. Tesla was first focused on the oil and gas industries, but has recently expanded into other industrial applications. SK Chemical is a subsidiary of SK Innovation, Korea’s first oil refinery company.
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