HYBRID Coating Technologies (HCT) Inc has announced it is entering the global wood protection coatings market, which according to reports by the research group Freedonia is valued at $4.14 billion in the US alone.
The company’s new patent allows for a substantial increase in the product’s elongation characteristics of up to 300 per cent while maintaining the same high-quality mechanical and chemical resistant properties its products are known for. “We are very pleased to have yet another patent filed as we continue to increase our IP portfolio and broaden our reach by adding new verticals that we can service in the polyurethane industry,” said Joseph Kristul, president and CEO of Hybrid.
HCT is a San Francisco-based innovator focused on improving the quality and safety of coatings and paint for industrial and commercial customers around the world. The company is the exclusive licencee of trademarked Green Polyurethane coatings and paint- the world’s first-ever patent protected polyurethane-based coatings and paint products that eliminate toxic isocyanates from the entire production process (licensed by Nanotech Industries, Inc.).
Conventional polyurethane (PU) paint and coatings have many disadvantages: they are porous, permeable and maintain poor hydrolytic stability. This makes the material highly vulnerable to environmental degradation and ultimately leads to their chemical decomposition, especially when in contact with water. Strict and costly health and safety measures have to be implemented in the manufacture and application of conventional polyurethane due to the toxicity of isocyanates. This is why regulatory bodies around the world are now looking toward phasing out the use of isocyanates.
Green Polyurethane (also referred to as HNIPU – hybrid non-isocyanate polyurethane) is a “hybrid” material that combines the high chemical resistance properties of epoxy and advanced durability and wear resistance properties of polyurethane, making it the perfect application for sanitary, high-traffic and corrosive surface areas. As a hybrid material with superior properties, Green Polyurethane can be applied in one or two coatings, providing a welcome cost-saving substitute to currently used multi-layered flooring applications. Green Polyurethane also provides the first sound solution to the environmental and health hazards associated with isocyanates in polyurethane. Its safety features allow it to be applied without the interruption of business due to public exposure, creating an additional 30-60 per cent savings on application costs for customers.
