, PA -- PChem Associates
announced today that Ben Franklin Technology Partners
of Southeastern Pennsylvan ia has invested $100,000
in the company for the further development of a
process for manufacturing metallic nanoparticles.
In the past five months, PChem has raised $500,000
in investments to fund the continued commercialization
of its unique nanoparticles.
“This investment by Ben Franklin represents a commitment
by the Commonwealth of Pennsylvania to support the
adoption and growth of nanotechnology within the
state. The Philadelphia area has a tremendous pool
of talent including advanced technology companies
and universities that we feel we can utilize and
partner with to help us to achieve commercial success,” said
Dr. Greg Jablonski, President of PChem Associates.
deGrandpre, Ph.D., BFTP/SEP's Director for Physical
Sciences, said “ Ben Franklin Technology
Partners is pleased to provide PChem with funding
to complete the commercialization of the company's
silver nanoparticle conductive inks that are used
for high speed, roll-to-roll printing of electronics.
P Chem has a very good potential for future growth
and adding jobs in the greater southeastern Pennsylvania
said, “Initially PChem's inks will be
used to reduce the overall cost of current printed
electronics by utilizing the unique size and processing
characteristics of our nanoparticles. Less silver
is used more efficiently at an increased processing
rate. In the foreseeable future, our nanoparticle
inks will enable innovative printers to print an
entire device including the chip in a high speed,
added: “This revolution in electronic
manufacturing will speed the adoption and expansion
of inexpensive devices such as micro sensors for
food packaging, security monitoring, low cost consumer
electronics, and any area where an inexpensive feedback
device can be used to monitor conditions.”
is also taking its “better silver” nanoparticles
into areas beyond printed electronics. Silver has
been used for centuries to limit bacteria growth.
Working with partners who have expertise in particular
industry segments, PChem has begun to create silver
nanoparticle formulations to support the development
of antimicrobial coatings for use in plastics, textiles,
and medical devices.
“There are a number of companies working to develop
silver products for these marketplaces,” Jablonski
said. “PChem has adopted a different strategy than
many of them by actively seeking well established
industry leaders who can best guide the development
of these new nanosilver products and support the
accelerated adoption of these products by their existing
PChem's recently created Coating Division is an
outgrowth of this focus on partnerships to develop
antimicrobial applications and products.
For additional information on silver nanoparticle
applications, contact Jack Kerins or visit
About PChem Associates
PChem Associates, loc ated in Bensalem, Bucks County
, PA has developed a uniqu e nanoparticle technology
for a broad range of applications with the initial
focus on printed electronics and antimicrobial plastics
and textiles. For electronic applications, PChem's
technology delivers superior conductivity at a lower
cost, with shorter processing times at lower temperatures.
The unique silver nanopowder has a clear and distinct
advantage when compared to existing alternatives.
For antimicrobial applications, the simple nanoparticle
manufacturing process allows the water-based silver
nanoparticles to be manufactured simply and inexpensively,
providing a competitive cost advantage.
About Ben Franklin Technology Partners of
Since 1982, Ben Franklin Technology Partners of
Southeastern Pennsylvania (BFTP/SEP) ( www.sep.benfranklin.org )
has served as a catalyst for stimulating entrepreneurial
potential with the integration of scientific discovery
and technology development and through initiatives
that accelerate commercialization. Part of a statewide
network in Pennsylvania , BFTP/SEP provides entrepreneurs
and established businesses the capital, talent, and
expertise they need to compete in the global marketplace.
BFTP/SEP has provided more than $110 million to over
1,400 regional enterprises through various funding
means. BFTP/SEP is a founding partner of the Nanotechnology
Institute™ (NTI) and the Mid-Atlantic Nanotechnology
Alliance (MANA®) and is funded by Pennsylvania
's Department of Community and Economic Development.
Jack Kerins, COO
PChem Associates, Inc