Home > Press > Advanced Nano announces first shipments
Abstract:
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
Contacts:
Paul McCormick, Chief Executive Officer
Tel: +61 (8) 9458 0800
Copyright © Advanced Nano
If 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.
Bookmark:
Products
International survey supports need for built-in water protection on smartphones and tablets May 21st, 2013
Peratech designs the QTC Ultra Sensor - an ultra-sensitive touch sensor for domestic, commercial and industrial use: Pressure sensor so sensitive that it can be operated through glass or steel sheet May 13th, 2013
Industrial Nanotech Launches Nansulate(R) Vinyl Fresh: Clear Liquid Thermal Insulation and UV Protection Coating Rejuvenates Vinyl Siding on Homes April 18th, 2013
MouthWatchers Nano-Silver Tooth Brush Released for Sale April 12th, 2013
Announcements
How do cold ions slide May 24th, 2013
Heinrich Rohrer dies at 79; a father of nanotechnology: With IBM colleague Gerd Binnig, Rohrer invented the scanning tunneling microscope, which can show individual atoms on a surface and move them around May 23rd, 2013
Gold nanocrystal vibration captured on billion-frames-per-second film May 23rd, 2013
Glowing Plant Releases Maker Kit, Enabling Anyone to Make a Glowing Plant at Home: Glowing Plant seeks funds via crowdfunding and raises almost $400,000 May 23rd, 2013
Personal Care
New synthesis method produces nanoparticles in high quantities February 25th, 2013
Harris & Harris Group Notes Solazyme and Mitsui Multi-Year Agreement February 7th, 2013
X-rays reveal uptake of nanoparticles by soya bean crops: Metals contained in nanoparticles can enter into the food chain February 6th, 2013
Nature: super gel stiffens when heated January 23rd, 2013
Human Interest/Art
Heinrich Rohrer dies at 79; a father of nanotechnology: With IBM colleague Gerd Binnig, Rohrer invented the scanning tunneling microscope, which can show individual atoms on a surface and move them around May 23rd, 2013
Oh, Christmas tree, oh Christmas tree: A nano end for Christmas tree needles January 2nd, 2013
INIC Inks MoU to Apply Nanotechnology in Iran's Carpet Industry December 18th, 2012
IBN Welcomes Its First 9-Year-Old ‘Scientist’: IBN and Make-A-Wish Foundation Singapore Make Kidney Patient’s Dream Come True December 10th, 2012