CNI is a pioneer in carbon nanotechnology, the leading world player for single- wall carbon nanotubes - buckytubes - and related technology.
The company was founded in 2000 and has an exclusive, worldwide license from Rice University for a broad array of technology developed by Professor Richard E. Smalley, a 1996 Nobel Laureate. The founders were Dr. Smalley (who remains at Rice University), Bob Gower (former CEO of Lyondell Petrochemical), Dr. Ken Smith (former Executive Director of the Center for Nanoscale Science and Technology at Rice University and research collaborator with Dr. Smalley) and Dr. Dan Colbert (also former Executive Director of the Center for Nanoscale Science and Technology at Rice University and research collaborator with Dr. Smalley).
In 2001, the company received major new funding from Gordon Cain and William McMinn, known for a number of leveraged buyouts in the chemical industry during the 1980s and 1990s and, more recently, for key investments in the biomedical area.
CNI is capable of filling orders in quantities of 1-100 grams and has provided product to more than 100 different locations. The company is currently constructing a pilot plant which will both allow process optimization and increase product availability. The pilot plant is being built west of Houston in a Kellogg Brown and Root facility which was specifically designed for this type work. CNI also has an engineering services agreement with Kellogg Brown and Root under which Kellogg Brown and Root provides substantial engineering assistance.
The company expects to optimize its production process for buckytubes during 2001 and 2002 and to be ready to build a commercial production unit to come on stream by the end of 2004 or early 2005 – less–ZoomInfo