Posted On: 06/13/2016 11:23:28 PM
Post# of 791
Hybrid Fortune 500 Partner Launches Green Polyurethane™ Based Coating Product
SAN FRANCISCO, May 05, 2016 (GLOBE NEWSWIRE) -- Hybrid Coating Technologies Inc. (OTC Pink:HCTI) is pleased to announce that one of its Fortune 500 Partners has recently launched a coating product based on Hybrid’s proprietary zero isocyanate Green Polyurethane™ Hardener through its corporate retail distribution network. As previously announced in Hybrid’s December 17, 2015 Significant Milestone press release, Hybrid had been working with this Fortune 500 Partner on the development of several coating products and expected the launch of this first product to occur sometime this year. “We are very pleased to have executed on this significant milestone for our coatings division,” said Joseph Kristul, President and CEO, “and we look forward to the launch of other coating products with our Fortune 500 Partner.” Hybrid’s Fortune 500 partner, which has thousands of retail locations, has been working on several other products based on Hybrid’s Green Polyurethane™ Hardener and an additional product launch for a second coating product is expected later this year. This product launch demonstrates the strong desire and ability for companies to develop their own products using Hybrid’s zero isocyanate Green Polyurethane™ Hardener as a raw material. It also demonstrates a strong market demand for Green Polyurethane™ by some of the largest coatings companies in the world. Hybrid’s end goal is for numerous companies to develop multiple products based on Hybrid’s zero isocyanate Green Polyurethane™ Hardener as legislation for isocyanates eventually becomes more restrictive, thereby allowing Hybrid to deeply and broadly penetrate the coatings market not only as a finished goods supplier, but also as a raw materials supplier. Hybrid is and continues to be the only supplier in the world of zero isocyanate polyurethane hardener and zero isocyanate polyurethane based finished goods. Hybrid is not at liberty to divulge the identity of its Fortune 500 Partner at this time due to confidentiality.
Hybrid’s patented technology is the only formulation in the world today that produces polyurethane without the use of any isocyanates in the entire production process.
SAN FRANCISCO, May 05, 2016 (GLOBE NEWSWIRE) -- Hybrid Coating Technologies Inc. (OTC Pink:HCTI) is pleased to announce that one of its Fortune 500 Partners has recently launched a coating product based on Hybrid’s proprietary zero isocyanate Green Polyurethane™ Hardener through its corporate retail distribution network. As previously announced in Hybrid’s December 17, 2015 Significant Milestone press release, Hybrid had been working with this Fortune 500 Partner on the development of several coating products and expected the launch of this first product to occur sometime this year. “We are very pleased to have executed on this significant milestone for our coatings division,” said Joseph Kristul, President and CEO, “and we look forward to the launch of other coating products with our Fortune 500 Partner.” Hybrid’s Fortune 500 partner, which has thousands of retail locations, has been working on several other products based on Hybrid’s Green Polyurethane™ Hardener and an additional product launch for a second coating product is expected later this year. This product launch demonstrates the strong desire and ability for companies to develop their own products using Hybrid’s zero isocyanate Green Polyurethane™ Hardener as a raw material. It also demonstrates a strong market demand for Green Polyurethane™ by some of the largest coatings companies in the world. Hybrid’s end goal is for numerous companies to develop multiple products based on Hybrid’s zero isocyanate Green Polyurethane™ Hardener as legislation for isocyanates eventually becomes more restrictive, thereby allowing Hybrid to deeply and broadly penetrate the coatings market not only as a finished goods supplier, but also as a raw materials supplier. Hybrid is and continues to be the only supplier in the world of zero isocyanate polyurethane hardener and zero isocyanate polyurethane based finished goods. Hybrid is not at liberty to divulge the identity of its Fortune 500 Partner at this time due to confidentiality.
Hybrid’s patented technology is the only formulation in the world today that produces polyurethane without the use of any isocyanates in the entire production process.
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