- About Us
- Nano-Social Network
- Nano Consulting
- My Account
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.
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 NanoIf you have a comment, please Contact us.
Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.
|Related News Press|
Cutting-edge nanotechnologies are breaking into industries November 18th, 2016
STMicroelectronics’ Semiconductor Chips Contribute to Connected Toothbrush from Oral-B That Sees What You Don’t: Microcontroller and Accelerometer help brushers clean their teeth more effectively October 4th, 2016
Particle Works launches range of high quality magnetic nanoparticles August 31st, 2016
Programmable materials find strength in molecular repetition May 23rd, 2016
NRL reveals novel uniform coating process of p-ALD April 21st, 2016
New ORNL method could unleash solar power potential March 16th, 2016
Call for NanoArt and Art-Science-Technology Papers June 9th, 2016
Are humans the new supercomputer?Today, people of all backgrounds can contribute to solving serious scientific problems by playing computer games. A Danish research group has extended the limits of quantum physics calculations and simultaneously blurred the boundaries between mac April 14th, 2016