3rd Feb 2014 11:11
LONDON (Alliance News) - Oxford Advanced Surfaces Group (OAS) PLC it is working in partnership with Sun Chemical Limited on Onto cross-linker based formulations for radiation curable coatings supported by a total grant of GBP179,000 from the UK's innovation agency, the Technology Strategy Board.
Sun Chemical, located in New Jersey, is a producer of printing inks and pigments.
AIM-listed technology developer OAS said the project aims to create a novel radcure coating platform that can bring differentiation to ink-jet printable inks for the graphic signage and packaging market areas.
Combining Sun's sustainable materials in conjunction with OAS's proprietary Onto chemistry, the firm plans to develop ink formulations that bond to surfaces without pre-treatments using low power radiation sources for curing.
The elimination of harmful solvents in these formulations combined with the improved processing conditions will all contribute to products with lower environmental impact, OAS added.
Oxford Advanced Surfaces said the radcure coating market is an area of significant growth and continues to gain popularity due to the fast cure times and environmentally friendly credentials the products offer.
Success in the inkjet market will lead to further exploitation in the graphic arts market and more broadly in other UV-curable coating markets, OAS said.
The stock was trading at 5.00 pence Monday morning, up 0.50 pence or 11.1%.
By Anthony Tshibangu; [email protected]; @AnthonyAllNews
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