Firm to grow manufacturing base with H2020
A nanomaterials firm has announced it is receiving €1.2m of funding from Horizon 2020 to expand their UK manufacturing centre and scale up production of clean technology enabling nanomaterials.
The funding is part of the ProDIA project, which itself has received total funding of €7.6m from Horizon 2020. The venture focuses on the production of nanoporous materials for clean technology applications in the fields of gas storage, air purification and heat pumps. MOF Technologies is the largest recipient of the funding within the project, a consortium which also includes Johnson Matthey and GDF Suez.
Through the project, MOF Technologies will scale up its proprietary manufacturing process to enable them to supply industrial scale applications. Bucking the current trend of offshoring, the firm will grow its manufacturing base in Belfast, Northern Ireland, with new facilities scheduled to open in the first three months of 2016.
Dr Paschal McCloskey, CEO of MOF Technologies, said “MOF Technologies view this success in securing funding from Horizon 2020 as verification of our plans to scale up our innovative production process. This ensures the ongoing growth of our company to deliver the full commercial potential of MOFs in the clean tech and other industry sectors”.
The funding success builds on MOF Technologies’ recently announced collaborations with IBM and General Motors in the commercialisation of Metal-Organic Frameworks to transform a range of clean tech applications, including gas storage and filtration, heat transformation and the use of natural gas for vehicular transport.
