- About Us
- Career Center
- Nano-Social Network
- Nano Consulting
- My Account
Red Spot to manufacture and sell for use in applications in North America
Ecology Coatings Inc., a leading provider of
nano-engineered ultraviolet curable coatings, and Red Spot Paint & Varnish,
announced today that Ecology Coating granted Red Spot a license to
manufacture and sell a proprietary product for use in applications in North
America. Terms of the licensing agreement were not disclosed.
"From the beginning, we saw tremendous potential in collaborating with Ecology Coatings," said Tim Tanner, UV product manager, Red Spot. "With Ecology Coatings' breakthrough 100 percent liquid solids, UV curable technology and Red Spot's premier UV curable manufacturing and processing technology, this licensing agreement was a natural fit. As longtime leaders in the UV curable coating market, Red Spot already has the complete infrastructure in place to launch and supply the company's innovative coatings technology."
Ecology Coatings' proprietary coatings deliver superior performance and enable dramatic process efficiencies for manufacturers. The company's breakthrough 100 percent solids formulations contain no water, solvents or other liquid components that need to evaporate for the coating to set; a characteristic that reduces manufacturing line space by 80 percent, cuts energy consumption by 75 percent and dramatically decreases EPA reporting requirements. With a curing process that requires only a few seconds of ultraviolet light exposure, the durable coatings are particularly well suited for heat-sensitive applications that cannot withstand the high temperatures of the traditional finishing process.
"By licensing our technology to an industry leader like Red Spot, we're able to quickly and effectively deliver our high-performance, process efficient coatings to market," said Rich Stromback, CEO of Ecology Coatings. "Through the agreement, we're supplying manufacturers with a product that offers the durability of traditional coatings with substantial advantages in terms of the time and energy needed on the manufacturing line."
About Ecology Coatings:
Ecology Coatings is a world leader in the development of nano-engineered, ultraviolet curable coatings. Using a platform of integrated nano-material technologies, the company creates proprietary coatings with unique performance attributes. Ecology Coatings collaborates with industry leaders to develop revolutionary high-value, high-performance coatings for military, automotive, industrial, electronic and medical applications. Ecology Coatings is a privately held company based in Akron, Ohio.
For more information visit www.ecologycoatings.com
About Red Spot Paint & Varnish:
Red Spot provides advanced, high-performance coatings for plastics to automotive and consumer product markets around the world. Inventors of the first paint for plastics, Red Spot leverages over 100 years of innovation to continue bringing new coatings to market. Today Red Spot leads the industry in the development and commercialization of ultraviolet curable coating technology, available worldwide through its Global Alliance Partners supplying local R&D, Manufacturing, Sales, and Technical Support. A privately held company, Red Spot is based in Evansville, Indiana.
For more information please visit www.redspot.com
Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.
|Related News Press|
PEN Inc. Announces Strategy to Broaden Clarity Branded Products Business February 4th, 2016
Graphenea increases capacity, reduces prices January 25th, 2016
Corrosion-Fighter Tesla NanoCoatings Pioneers 2x1 Wet-on-Wet Process January 20th, 2016
Iranian Company Mass-Produces Self-Cleaning Nanopaints November 14th, 2015
PEN Inc. Announces 1-for-180 Reverse Stock Split January 27th, 2016
Chemical cages: New technique advances synthetic biology February 10th, 2016
Superconductivity: Footballs with no resistance - Indications of light-induced lossless electricity transmission in fullerenes contribute to the search for superconducting materials for practical applications February 9th, 2016
SUNY Poly and GLOBALFOUNDRIES Announce New $500M R&D Program in Albany To Accelerate Next Generation Chip Technology: Arrival of Second Cutting Edge EUV Lithography Tool Launches New Patterning Center That Will Generate Over 100 New High Tech Jobs at SUNY Poly February 9th, 2016
Herbal Extracts Applied to Synthesize Titanium Dioxide Nanoparticles January 28th, 2016
FLEXcon shares insights on developments and safety guidelines in nanotechnology: FLEXcon hosted New England Nanotechnology Association event, discussing latest industry activities and innovations January 25th, 2016
Highly efficient heavy metal ions filter January 25th, 2016
Canadian physicists discover new properties of superconductivity February 8th, 2016
Host-guest nanowires for efficient water splitting and solar energy storage February 7th, 2016