Coatings World - March 2010

Fresh Paint

BASF VENTURE CAPITAL INVESTS IN QUANTIAM TECHNOLOGIES BASF Venture Capital GmbH is investing in Quantiam Technologies Inc., Edmonton, Canada. The company develops and markets functional coatings for extreme operating environments such as petrochemicals industry applications. The heat-resistant products help prevent erosion and corrosion and are based on novel coatings, surfaces and catalysts. Quantiam has emerged from the current investment round with approximately € 4 million, with BASF Venture Capital contributing roughly €2 million. The second investor is Ursataur Capital Management L.P., a private investment fund with its head offices in Toronto, Canada, which contributed the same amount. Quantiam will use the additional capital to fund further growth. Plans include an expansion of a production plant to enable its capacity to be put to commercial use. A major focus of the investment will be catalytic surface coatings, in particular for steam cracker furnace tubes, known as catalyzed-assisted manufacture of olefins, or CAMOL. Applied on internal surfaces, the coatings reduce carbon formation and hence cut maintenance times, energy expenditure and CO2 emissions.

Hardide Coatings applies tungsten car-
bide-based precision coatings to a wide
range of engineering components made
from ferrous and nickel-based alloys. Its
patented technology provides wear
resistance against abrasion, erosion and
corrosion and is proven to offer cost sav-
ings through reduced downtime and
extended part life. The wear properties
of Hardide and the precise nature of the

HARDIDE COATINGS SECURES AS9100 AEROSPACE QUALITY STANDARD CERTIFICATION Hardide Coatings, which develops and applies tungsten carbide-based hard coatings, has secured AS9100 Aerospace Quality Standard Certification for its UK manufacturing facility in Bicester, Oxfordshire and is now recognized as a certified aerospace manufacturing supplier. AS9100 demonstrates the presence of a robust and consistent aerospace quality system. It includes and enhances the ISO9001 standard by focusing on the more rigorous requirements of the aerospace industry. Many aerospace OEMs will only work with suppliers who are registered to AS9100.

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