Home > Press > Advanced Nano announces first shipments
Advanced Nanotechnology Limited is pleased to announce that shipments of its newly developed ZinClear-IM™ product have been made to customers in the US and Australia, marking first commercial sales of the product. CEO Paul McCormick said that it is particularly gratifying to achieve first sales of ZinClear-IM™ so rapidly following the successful production scale-up trials in December, which confirmed manufacture of the product at full production scale.
Advanced Nano announces first shipments
Welshpool, Australia | Posted on January 29th, 2007
ZinClear-IM™ is Advanced Nano's first product to be manufactured using process technology incorporating improvements to the MCP™ technology that enable significantly higher throughputs and a substantial reduction in manufacturing cost. The Company expects that the lower cost of ZinClear-IM™ will enable Advanced Nano to enter the higher volume segments of the suncare market with a competitively priced product at attractive profit margins, whilst retaining the superior transparency performance of ZinClear-IM™.
ZinClear-IM™ uses Advanced Nano's new Index Match technology which achieves excellent transparency in larger micron-size zinc oxide particles used for broad spectrum UV protection in personal care, sunscreen and cosmetics applications. In addition to high transparency, ZinClear-IM™ also provides excellent soft focus and low photoactivity, increasingly required for enhanced cosmetic acceptability.
ZinClear-IM™ was introduced to the US market in May 2006 and lead customers are currently testing formulated products. The Company expects that the drive for increased UVA protection in sunscreens and the limited range of UVA blocking ingredients currently available in the US as a result of existing regulatory constraints, will significantly expand Advanced Nano's opportunities in the previously restricted A$200 million US market. As well as blocking UVB, zinc oxide is one of a very limited number of UVA absorbers approved for use in the US market by the US Food & Drug Administration.
Advanced Nano also expects to see new growth in the European and Asian markets where the product has also now been introduced. Consisting of only pure zinc oxide, a naturally occurring mineral, the Company believes ZinClear-IM™ is ideally positioned for the natural cosmetics segment which is currently showing growth rates of 20% per annum.
About Advanced Nano
The vision of Advanced Nano is to become a world-class leader in the manufacture of nanopowders and nanopowder products. To achieve this goal we:
* manufacture products and provide services that consistently meet the needs and requirements of our customers
* involve all employees and customers as appropriate in continually improving the value of our products
* build strong partnerships with our customers and distributors, to enhance the quality of our products and hence the long term profitability and growth of Advanced Nano
* ensure compliance with all relevant quality standards and regulations through a highly motivated Quality team
For more information, please click here
Paul McCormick, Chief Executive Officer
Tel: +61 (8) 9458 0800
Copyright © Advanced Nano
If you have a comment, please Contact
Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.
Toronto-based Environmental Technology Pioneer Green Earth Nano Science Expands in EU February 6th, 2015
DELSEY by Philippe Starck DELSEY Launches New Collection by Philippe Starck February 4th, 2015
NEI introduces NANOMYTE® SuperAi, a Durable Anti-ice Coating December 4th, 2014
Biosenta Inc. Updates New Household Disinfectant Testing Results; It Kills 100% of a Broad Range of Deadly Molds, Fungi, Bacteria, and Viruses, Including Ebola and Enterovirus D68 November 20th, 2014
Experiment and theory unite at last in debate over microbial nanowires: New model and experiments settle debate over metallic-like conductivity of microbial nanowires in bacterium March 4th, 2015
Magnetic vortices in nanodisks reveal information: Researchers from Dresden and Jülich use microwaves to read out information from smallest storage devices March 4th, 2015
CiQUS researchers obtain high-quality perovskites over large areas by a chemical method March 4th, 2015
Arrowhead to Present at 2015 Barclays Global Healthcare Conference March 4th, 2015
Sunblock poses potential hazard to sea life August 20th, 2014
AQUANOVA receives Technology Leadership Award 2014 FROST & SULLIVAN honors NovaSOL® Technology again August 12th, 2014
Nanotechnology used in sunscreens: a Mexican achievement May 14th, 2014
Production of Nanocapsule from Sea-Buckthorn Extract in Iran May 3rd, 2014
2015 Nanonics Image Contest January 29th, 2015
OCSiAl supports NanoART Imagery Contest January 23rd, 2015
EnvisioNano: An image contest hosted by the National Nanotechnology Initiative (NNI) January 22nd, 2015
Oxford Instruments Asylum Research Announces AFM Image Contest Winners January 11th, 2015