Published On: Tue, Mar 7th, 2017

Hybrid Coating Technologies Inc (OTCMKTS:HCTI) Gets Follow On Order from Key Partner

PPG-Comex has given a follow-on order to Hybrid Coating Technologies Inc (OTCMKTS:HCTI) of non-isocyanate binder for its erasable coating item. Joseph Kristul, the President and CEO, stated that they are extremely delighted to get this follow-on order as they continue to expand their presence in the Mexican industry. This shows the market’s interest in their technology as they continue to penetrate distinct divisions of the market across numerous geographic territories.

The buzz

Earlier in November, Hybrid Coating reported that its lead scientist, Dr. Oleg Figovsky, has received two gold medals from the IFIA for two of company’s non-isocyanate polyurethane base technology patents. As per the update, the IFIA comes in the list of non-profit organization set in 1968 with associates in 95 nations.

Over the past numerous years Hybrid’s technology has received numerous awards comprising the Nano 50 Technology Award from NASA, a qualifier reference at the Polyurethane Innovation Competition in 2010 and also the ‘2015 EPA Presidential Green Chemistry’ Award. They are extremely delighted to witness the growing and continued interest for their technology by varied corporations, governmental bodies and organizations and they consider that they are extremely well placed to address the increasing urgency for non-isocyanate built polyurethane products.

Also, Hybrid Coating announced about mentioning of its Green Polyurethane technology in an article published in the European Polymer Journal. The established Journal was released in 1960s and is one of the prominent journals in Europe.

Hybrid’s Director of Research and Development, Dr. Oleg Figovsky, was one of the writers of the article. The CEO added that they are extremely delighted to have their technology featured in this admired journal. This development is significant especially at a time when the company is moving towards exceling in the European market through different distributors they have been working with. Note that Hybrid is associated with several distributors in Europe.

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