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Altec opens specialist coatings facility
F O C U S excluding non-recurring acquisition-related costs the deal will be immediately accretive to earnings, and that the firm anticipates acquisition-related synergies of 3-4% of acquired sales will be achieved over a two-year period. PPG reported $3.0 bn cash and short-term investments on hand as of 31 Mar 2014. On 17 Apr 2014, PPG’s board of directors approved a $2.0 bn share repurchase authorization and increased the quarterly dividend payable 12 Jun 2014, by 10% versus the previous quarterly dividend. Original Source: PPG, 2014. Found on SpecialChem Coatings and Inks Formulation, 2 Jul 2014 (Website: http://www.specialchem4coatings.com)
Altec opens specialist coatings facility Altec Engineering Limited has announced the launch of a new specialist coatings facility, located in Sedgefield, County Durham in the UK. This latest announcement follows other recent and major investments by the company in new machine tools and a £1.5 M extension to the Bowburn site that is currently under way and on schedule to open in autumn 2014. The new facility has been set up to support the continued growth of the CNC precision machining operations at the main Bowburn site, and meet the increasing demand for finished components from Altec’s aerospace, oil and gas and electronic sector customers. Surface coatings offered by Altec at the new Sedgefield site include Alocrom 1200, used for general industrial work, electrical components and domestic appliances. Alocrom 1200 is also approved to DEF STAN 03-18 Certificate number 03 1801 for use on aircraft components. This process is ideal for coating all types of aluminium and aluminium alloys including high silicone pressure AUGUST 2014
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die-castings and is often used on aluminium when maximum corrosion resistance is required. The company has invested in a wide range of equipment and processes including Vibratory Trough Finishing and Shot Blasting to perform preliminary operations and generate the key face to which the surface coatings will bond. In addition to the existing Alocrom1200 and SurTec 650 coating processes, Altec has also installed the equipment needed for zinc and manganese phosphate coating. Altec’s offering on specialist coatings will be further enhanced in future with the Xylan and Hard Anodizing processes. As an environmentally friendly alternative to Alocrom 1200, Altec also offers SurTec 650 that delivers excellent corrosion resistance and low electrical resistance. This non-toxic process provides excellent bare corrosion protection with or without paint, works extremely well on alloyed, cast and extruded aluminum and is suitable as pre-treatment prior to lacquering or powder coating. Original Source: Altec Engineering Limited, 2014. Found on SpecialChem Coatings and Inks Formulation, 20 Jun 2014 (Website: http://www.specialchem4coatings.com)
NEW PRODUCTS Verdezyne produces 1 tonne of bio-based DDDA Over 1 tonne of biobased dodecanedioic acid (DDDA) has been produced by biotechnology company Verdezyne Inc, after running its yeast-based technology at the 4000 litre scale in collaboration with the Michigan Biotechnology Institute (MBI) and the Michigan State University (MSU) Bioeconomy Institute (BEI). DDDA serves as raw material for adhesives, lubricants, moulding resins, nylon 6,12,
C O AT I N G S powder coatings, toothbrush bristles, fishing and fuel lines. Original Source: Coatings World, Jun 2014, 19 (6), 42 (Website: http://www.coatingsworld.com) © Rodman Publishing 2014
Zero PFOA PTFE coatings available in 6 colours Boyd Coatings Research Co Inc has utilized its new FDAcompliant Zero PFOA PTFE formula for its six new PTFE colours, available in blue, black, green, white, yellow and clear. Designed for use in medical devices like guidewires, hypotubes and mandrels, the custom-made colours offer benefits like proper adhesion and improved manufacturing efficiency for a cost effective option. Original Source: Coatings World, Jun 2014, 19 (6), 13-14 (Website: http://www.coatingsworld.com) © Rodman Publishing 2014
Abakan’s MesoCoat to increase production of PComP nanocomposite coating The Ohio Third Frontier Commission, under the Ohio Department of Development, has awarded Abakan Inc’s subsidiary MesoCoat Inc a $1.5 M loan for scaling up PComP production and expanding PComP coating services. The loan will enable the company to increase the scale up of PComP production from 18 tonnes/y to 160 tonnes/y. Over the next few years, projected powder sales revenues are expected to rise to $1.6 M/mo while thermal spray revenues are projected to be at $1 M/mo. The result will be average growth rate of about 75%/y over three years from fiscal year ending May 2015 to May 2018. The PComP product range of MesoCoat, with particle sizes that can be engineered to the nano-scale, caters to the thermal spray coating industry, which is a $10 bn global industry. Original Source: Coatings World, Mar 2014, 19 (3), 16,18 (Website: http://www.coatingsworld.com) © Rodman Publishing 2014
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Altec opens specialist coatings facility Altec Engineering Limited has announced the launch of a new specialist coatings facility, located in Sedgefield, County Durham in the UK. This latest announcement follows other recent and major investments by the company in new machine tools and a £1.5 M extension to the Bowburn site that is currently under way and on schedule to open in autumn 2014. The new facility has been set up to support the continued growth of the CNC precision machining operations at the main Bowburn site, and meet the increasing demand for finished components from Altec’s aerospace, oil and gas and electronic sector customers. Surface coatings offered by Altec at the new Sedgefield site include Alocrom 1200, used for general industrial work, electrical components and domestic appliances. Alocrom 1200 is also approved to DEF STAN 03-18 Certificate number 03 1801 for use on aircraft components. This process is ideal for coating all types of aluminium and aluminium alloys including high silicone pressure AUGUST 2014
O N
POWDER
die-castings and is often used on aluminium when maximum corrosion resistance is required. The company has invested in a wide range of equipment and processes including Vibratory Trough Finishing and Shot Blasting to perform preliminary operations and generate the key face to which the surface coatings will bond. In addition to the existing Alocrom1200 and SurTec 650 coating processes, Altec has also installed the equipment needed for zinc and manganese phosphate coating. Altec’s offering on specialist coatings will be further enhanced in future with the Xylan and Hard Anodizing processes. As an environmentally friendly alternative to Alocrom 1200, Altec also offers SurTec 650 that delivers excellent corrosion resistance and low electrical resistance. This non-toxic process provides excellent bare corrosion protection with or without paint, works extremely well on alloyed, cast and extruded aluminum and is suitable as pre-treatment prior to lacquering or powder coating. Original Source: Altec Engineering Limited, 2014. Found on SpecialChem Coatings and Inks Formulation, 20 Jun 2014 (Website: http://www.specialchem4coatings.com)
NEW PRODUCTS Verdezyne produces 1 tonne of bio-based DDDA Over 1 tonne of biobased dodecanedioic acid (DDDA) has been produced by biotechnology company Verdezyne Inc, after running its yeast-based technology at the 4000 litre scale in collaboration with the Michigan Biotechnology Institute (MBI) and the Michigan State University (MSU) Bioeconomy Institute (BEI). DDDA serves as raw material for adhesives, lubricants, moulding resins, nylon 6,12,
C O AT I N G S powder coatings, toothbrush bristles, fishing and fuel lines. Original Source: Coatings World, Jun 2014, 19 (6), 42 (Website: http://www.coatingsworld.com) © Rodman Publishing 2014
Zero PFOA PTFE coatings available in 6 colours Boyd Coatings Research Co Inc has utilized its new FDAcompliant Zero PFOA PTFE formula for its six new PTFE colours, available in blue, black, green, white, yellow and clear. Designed for use in medical devices like guidewires, hypotubes and mandrels, the custom-made colours offer benefits like proper adhesion and improved manufacturing efficiency for a cost effective option. Original Source: Coatings World, Jun 2014, 19 (6), 13-14 (Website: http://www.coatingsworld.com) © Rodman Publishing 2014
Abakan’s MesoCoat to increase production of PComP nanocomposite coating The Ohio Third Frontier Commission, under the Ohio Department of Development, has awarded Abakan Inc’s subsidiary MesoCoat Inc a $1.5 M loan for scaling up PComP production and expanding PComP coating services. The loan will enable the company to increase the scale up of PComP production from 18 tonnes/y to 160 tonnes/y. Over the next few years, projected powder sales revenues are expected to rise to $1.6 M/mo while thermal spray revenues are projected to be at $1 M/mo. The result will be average growth rate of about 75%/y over three years from fiscal year ending May 2015 to May 2018. The PComP product range of MesoCoat, with particle sizes that can be engineered to the nano-scale, caters to the thermal spray coating industry, which is a $10 bn global industry. Original Source: Coatings World, Mar 2014, 19 (3), 16,18 (Website: http://www.coatingsworld.com) © Rodman Publishing 2014
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