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Novolyte Technologies and Foosung Form JV for Li-ion Electrolytes

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The US-based new joint venture entity will retain the Novolyte Technologies name and will be managed by Novolyte’s current management team from its existing Cleveland headquarters. —John Televantos, a Partner at Arsenal Capital, an investor in Novolyte since 2008. Novolyte received in 2009 a $20.6-million

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DOE announces more than $65M in public and private funding to commercialize promising energy technologies

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Northern Illinois University (DeKalb, Illinois). Development of Rechargeable Energy Dense Long Cycle-life Zinc/Copper Oxide Batteries, $250,000. Johnson-Matthey (Cleveland, United Kingdom). Framatome Inc. Lynchburg, Virginia). Highly Efficient Electrocatalysts for Direct Conversion Of CO2 To Chemicals, $250,000.