Chemical additives manufacturer American Nano Silicon Technologies Inc. says it does not currently have the money to pay $13.5 million in loans due in 2014.

The Sichuan, China-based company manufactures nano-technology chemicals. American Nano’s main product is micro nano silicon, an ultra-fine crystal that can be used as an additive for different purposes in detergents, cement, rubber, plastics and paint. The product is meant to replace more expensive and less environmentally-friendly additives in those products, the company says.

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