LONDON--Nanoco Group PLC (NANO.LN), a U.K. developer of tiny semiconductor particles called quantum dots, Wednesday said it appointed Keith Wiggins, a former Dow Chemical Co. (DOW) executive, in the new role of Chief Operating Officer.

Mr. Wiggins joined Dow in 1989 as a sales manager and served as managing director for the U.K., Ireland and Nordic region until 2013.

Nanoco and Dow are jointly progressing a plan to sell quantum dots for use in screen displays. Shares in Nanoco soared last week after it said a new plant in South Korea will begin commercial production in the first half of next year.

Based at Nanoco's Manchester headquarters, Mr. Wiggins will take charge of important customer relationships and advancing Nanoco's early-stage businesses in LED lighting, solar power and bio-imaging, Nanoco said.

At 0705 GMT, shares were up two pence or 1% at 152 pence.

Write to Ed Ballard at ed.ballard@wsj.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Nanoco (LSE:NANO)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Nanoco Charts.
Nanoco (LSE:NANO)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Nanoco Charts.