WHAT'S NEW
I-Tech AB signed a license agreement to provide antifouling agents to Paints Korea I-Tech AB has recently announced that it has signed a license
around 33% of the global newbuilding market of all ships.
agreement with International Paints Korea Ltd, the South Korean
“The agreement once again proves the very strong position of
subsidiary of the Protective Coatings division of the international
Selektope in the global antifouling industry. That we deliver our
paints and coatings manufacturer AkzoNobel. The company
substance to so many of the paint manufacturers active in the
now passed the technical hurdles for a future commercial use of
South Korean market is a very good testament to our product
Selektope in IPK products.
and something that benefits our continued global expansion.
I-Tech is a biotechnology company that has developed the
Selektope has proven to be very successful in combating marine
product Selektope®, an active agent that prevents barnacle
fouling of barnacles on ships. Earlier this year, we show that the
attachment on submerged surfaces such as ships and boat hulls,
hospital ship Global Mercy, whose hull was treated with Selektope,
but also other marine installations. By increasing the resistance
remained free from barnacle growth even after being laid idling for
to barnacle growth in marine paint systems, fuel and maintenance
extensive periods over a 22 month operational timeframe in warm
costs are reduced. With the new partnership, the company has
waters” has stated Philip Chaabane, the CEO of I-Tech AB.
now a deal with all the six major paint and coatings producers operating in the South Korean market, which alone accounts for
https://www.i-tech.se