Back to top

Analyst Blog

This page is temporarily not available.  Please check later as it should be available shortly. If you have any questions, please email customer support at support@zacks.com or call 800-767-3771 ext.  9339.

Dow Electronic Materials, a unit of The Dow Chemical Company (DOW - Analyst Report), has entered into a global licensing agreement with Nanoco Group PLC for Nanoco’s cadmium-free quantum dot technology. The companies did not disclose the financial terms of the agreement. However, Nanoco will be entitled to receive royalty payments from the sale of cadmium-free quantum dots.

According to the deal, Dow Electronic materials will hold exclusive worldwide rights for sale, marketing and manufacture of Nanoco’s cadmium-free quantum dots for use in electronic displays. Nanoco will also offer any technology advances to its cadmium-free quantum dot technology as long as the deal is in place. Nanoco will also provide technical and marketing assistance to Dow. The collaboration will provide advanced materials solutions to customers.

Under the agreement, Nanoco’s leading technology will be combined with Dow’s large-scale manufacturing capability along with its strong sales, marketing and distribution network. Dow also has plans of building production capacity in Asia and intends to supply high-performance materials to its customers in the display and semiconductor-related segments. Commercial production is expected to begin in the first half of 2014.

Dow believes that Nanoco’s cadmium-free quantum dots will set a new standard in the display industry as it can improve the color display of LCD in a cost effective manner as well as by avoiding the use of heavy metals.
Dow Electronic Materials is a global supplier of materials and technologies to the electronics industry. The unit comprises of teams of talented Dow research scientists and application experts who work closely with customers, providing solutions, products and technical service necessary for next-generation electronics.

Dow currently retains a short-tem Zacks Rank #3 (Hold).

Other companies in the chemical industry with a favorable Zacks Rank are Arkem S.A. (ARKAY), BASF SE (BASFY) and Air Products and Chemicals (APD - Analyst Report). While Arkem is carrying a Zacks Rank #1 (Strong Buy), both BASF and Air Products hold a Zacks Rank #2 (Buy).

Please login to Zacks.com or register to post a comment.

New to Zacks?

Start Here

Zacks Investment Research

Close

Are you a new Zacks Member or a visitor to Zacks.com?

Top Zacks Features

Learn more

Start for as little as $4.50 per trade.

My Portfolio Tracker

Is it Time to Sell?

One of the most important steps you can take today is to set up your portfolio tracker on Zacks.com. Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts.

More Zacks Resources

Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.

Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.

Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.

My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.

Zacks #1 Rank Top Movers for Zacks #1 Rank Top Movers

Company Symbol Price %Chg
DIXIE GROUP DXYN 15.84 +7.90%
BOFL HOLDING BOFI 85.30 +4.97%
RAMBUS INC RMBS 12.31 +4.41%
VIPSHOP HOLD VIPS 148.73 +4.35%
NETFLIX INC NFLX 345.74 +4.32%