Dyesol Ltd. and Umicore AG & Co. KG have signed a letter of intent (LOI) and entered negotiations to establish a business alliance covering the development, production and marketing of industrial-scale ruthenium-based dyes, as well as other potentially relevant metal-based chemicals, for the global dye solar cell (DSC) market.
This is the next step in Dyesol's strategy to partner with global corporations for commercialization of DSC technology, the companies explain. This is also complementary to Umicore's focus on providing metal-based materials and solutions for production of green energy.
The scope of the collaboration will cover joint marketing, research and development, commercial-scale production and metal supply and recovery. The LOI targets signing a definitive agreement by the end of the year.
SOURCE: Dyesol Ltd.