Business
Welcomes RoHS Report
Welcomes RoHS Report.
About this update from Nanoco Group Plc
[{"type":"text","content":"\n \nRNS Number : 3804F Nanoco Group PLC 24 April 2014 \n \n\n\n\n\n\nFor immediate release \n\n\n24 April 2014\n\n\n\n\n \n \nNANOCO GROUP PLC\n(\"Nanoco\" or \"the Company\")\n \nWelcomes RoHS Report\n \nNanoco Group plc (AIM: NANO), a world leader in the development and manufacture of cadmium-free quantum dots and other nanomaterials, welcomes the publication of a report prepared for the European Commission in connection with exemptions to the Restriction of Hazardous Substances Directive. The report recommends only a temporary exemption for the use of cadmium-containing quantum dots in displays.\n \nThe exemption, which had been requested by companies involved in the production of cadmium-containing quantum dots, is recommended to run only to 1 July 2017. \n \nThe report states: \"This exemption is recommended for a shorter period than that applied for, in light of the understanding that applications resulting in reduction of cadmium quantities as well as cadmium-free substitutes are in final stages of research.\"\n \nIt is also recommended in the report that there should be no exemption at the current time for the use of cadmium-containing quantum dots in solid state lighting. \n \nThe report, entitled Assistance to the Commission on Technological Socio-Economic and Cost-Benefit Assessment Related to Exemptions from the Substance Restrictions in Electrical and Electronic Equipment (RoHS Directive), will now be considered by the European Commission.\n \nThe full text of the report is accessible at the following link: http://rohs.exemptions.oeko.info/fileadmin/user_upload/RoHS_IX/20140422_RoHS2_Evaluation_Ex_Requests_2013-1-5_final.pdf\n \n \nMichael Edelman, Nanoco's Chief Executive Officer, said: \"This recommendation to grant a temporary exemption for cadmium-containing quantum dots used in displays recognises that cadmium is a hazardous substance and that Nanoco has developed a cadmium-free alternative on the threshold of commercialisation. We welcome the recommendation and continue to believe that display makers will choose cadmium-free quantum dots as the preferred solution to meet their human health and environmental agendas.\"\n \nFor further information please contact:\n\n\n\n\nNanoco\n\n\n+ 44 (0) 161 603 7900\n\n\n\n\nMichael Edelman, Chief Executive...