More Bad News For Nanomaterials Companies

As I mentioned a couple of weeks ago, I expect to see a number of nanomaterials companies finally go under in 2009. The first to hit trouble has been carbon nanotube producer Raymor who have been served notice under the Canadian Bankruptcy act and are desperately attempting to restructure the company.

Of course the fact that they have been involved in litigation over their production technology doesn’t make things any easier.

I don’t have anything against nanomaterials companies, but I can’t think of a single one that hasn’t been a resounding flop as far as investors are concerned – that’s nanomaterials companies as opposed to materials companies whose product lineup includes nanomaterials, such as BASF, Dow, etc

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