In some cases, a company has a product and knows immediately where it should go. GVD Corp. was not one of those cases. The MIT spinoff had developed a new approach to making polymer coatings, which had substantial industry interest. The problem was finding the specific market.
Latest figures from the British Coatings Federation (BCF) show that for the second consecutive year, paint sales have outperformed GDP, with an increase of 5% in volume during 2014, against economic growth of 3%.
Hardide Coatings, provider of advanced surface coating technology, has announced investment in a new Virginia manufacturing plant worth approximately $7 million.
Green Biologics (GBL) announced the closing of an internal follow-on equity round of $42 million co-led by Swire Pacific Limited and Sofinnova Partners.
The JEC Group, an organization recognizing excellence in composite innovations, has named AkzoNobel’s Polymer Chemistry business the winner of its 2015 Innovation Award in its Resins category for AkzoNobel’s patented cure system for bio fiber reinforced composites.