ancatt conductive polymer nanodispersion and anti-corrosion coating technology investor deck
DESCRIPTION
Current coating technologies utilize anti-corrosion pigments in the primer to protect metals from corrosion. The most effective anti-corrosion pigment is the highly toxic and carcinogenic hexavalent chromium (Cr6+), which refers to chemical compounds containing the element chromium in the +6 oxidation state. The toxicity of Cr6+ became well-known to the general public through the 2000 Oscar- nominated film “Erin Brockovich.” The film presented the real-life story of hexavalent chromium leakage which contaminated both groundwater and drinking water in the small California desert town of Hinkley, leading to the largest legal settlement in the U.S. history. Hexavalent chromium is a carcinogen that can cause severe malfunctions of the human body, contaminate water, soil and air, and harm plants and animals alike. A 2010 study by the Environmental Working Group (EWG) discovered that the Erin Brockovich chemical, Cr6+, was present in the tap water of 31 of the 35 U.S. cities sampled, and 25 of them were at a level above the California-proposed safe maximum. Cr6+ has troubled the U.S. military for over several decades; hexavalent chromium has been named the No. 1 toxic enemy of the U.S. Military. In terms of protecting their mission-critical assets in the military and the aerospace industry, Cr6+ are still in wide usages without and effective alternative been identified. The regulations are tightening. Zinc and/or zinc oxide are current environmentally compliant industry standard chromium alternatives. However, zinc cannot protect aluminum (a major material for the aerospace industries) or galvanized steel and is less effective in severely corrosive environments. Zinc price is expecting to increase again, and according to figures from the United States Geological Survey (USGS), with the current levels of usage, the known zinc reserve will be depleted around 2020. Over 50% of zinc has been used to protect metals from corrosion either through the galvanization process or as the sacrificial anti-corrosion pigment in coatings. The world has long been diligently searching for an effective Cr6+ alternative pigment for corrosion protection. Conductive polymers have been regarded as an exciting environmentally friendly alternative to hexavalent chromium pigments since the discovery of the Polyaniline (PAn) anti-corrosion effect in the early1980s. That PAn can be used as a corrosion inhibitor was also stated in the 2000 Nobel Chemistry award publication. Many companies, organizations, and universities have invested significant resources into this research, and hundreds of research papers and patents have been published. Although many researchers have shown some positive results, the development of commercial products has been a long and arduous path in the past 30-plus years. To meet the demand for an environmentally friendly yet high-performance anti-corrosive, Ancatt Co. has successfully developed Conductive Polymer Nanodispersion (CPND).TRANSCRIPT
Imagine A World Without Corrosion
- Sue Wang, AnCatt
Corrosion has long been believed as a non-stoppable natural force: silent but powerful
The direct corrosion cost trillions of dollars annually, or 3-5% of a country’s GDP Worldwide
The direct corrosion cost is 16X of total annual major weather related disasters including: hurricanes, tornadoes, tropical storms, floods, fires, droughts, and freezes
~30% of accidents
disrupting production in the oil & gas industry are corrosion related
~800 corrosion related
water main breaks in the U.S. everyday
~$3 Billion associated
annual water lost
~$4.1 Billion in electricity
waste
Golden Gate Bridge
Using environmentally complaint zinc based low VOC paint: hire a 50
people crew to continuously paint the bridge everyday
Energy Production
Transportations
Energy Storages
Chemical Processing
Corrosion has been named the No. 1 enemy of the oil and gas industry
Marine Life
USS MISSOURI
Was the site of the surrender of the Empire of Japan which ended World War II
Cutty Shark
The conservation project was taking place to halt the corrosion of the famous ship's iron framework
Current Anti-Corrosion Coating Technologies
• Hexavalent Chromate (Cr6) = most effective-highly toxic and carcinogenic -regulations are tightening
• Zinc/zinc oxide = environmentally compliant -still a marine pollutant
• -less effective-limited sacrificial life-cannot protect aluminum, etc. -facing depletion after 2027
• Long been seeking an effective Cr6 Alternative
Current Anti-Corrosion Coating Technologies
Cr6 leakage led to the largest legal settlement in the U.S. history and Hollywood films
Regulations on Cr6
• 2016: EU REACH requires all Chromic acids to Sun Set (Authorization & Restriction)
• 2012: EPA lowered allowable Cr6 in coatings once again • 2011: DoD Defense Federal Acquisition Regulation
Supplement to minimize Cr6• 2007: EU End-of-Life Vehicle (ELV) prohibited Cr6• 2006: EU RoHS prohibited Cr6 in electric & electronic• 2006: OSHA reduce Cr6 ten-fold from 52 to 5
micrograms-per-cubic-meter
Aerospace Industry
Cr6 still widely used in aerospace, defense, & other high-end corrosion protections without an effective alternative
Dec. 2010 Washington Post
Cr6 Found in Tap Waterof Most U.S. Cities
31 of 35 surveyed cities
25 cities Cr6 content above safe maximum
zhu
What should we use to continue the corrosion
protections?
Zinc is Running Out
In the near future, Zinc has been depleted
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CORROSION HAS LONG BEEN BELIEVED AS A NON-STOPPABLE NATURAL FORCE: SILENT BUT POWERFUL
THE DIRECT CORROSION COST TRILLIONS OF DOLLARS ANNUALLY, 3-5% OF A COUNTRY’S GDP WORLDWIDE
IN THE NEAR FUTURE, ZINC HAS BEEN DEPLETED
WHAT SHOULD WE USE TO CONTINUE TH CORROSION PROJECTIONS?
28
HUMANITY IS
IN A WAR
WITH CORROSION
23
An Award-Winning Solution (Patent Pending)
24
Inherently Conductive Polymers (ICP) , The HOLY GRAIL
Have Been Regarded as an Exciting Alternative to Cr6, After 35 years of Worldwide Research EffortsThere had no successful product
25
ICP Nano VS. Micro=
Lower Cost
+
Higher Effective
Wet Adhesion Test After 8,372 hrs of Salt Fog
-ASTM D 3359 (Tape Adhesion): 5A (Best possible score)
-ASTM D 4541 (Pull-Off Adhesion): 564 psi (Very Good According to SSPC Good Paint Practice)
Front and back comparison of steel panels
Accelerated Corrosion Tests
1,000 hrs Front 5,000 hrs Front 8,372 hrs Front
1,000 hrs Back 5,000 hrs Back 8,372 hrs Back
CPND coating on the Front with scribe line
vs.
Acrylic coating on the back without scribe line
Provided by KTA, an
independent corrosion test
lab in the U.S.; 5,000 hrs is
maximum test hour according
to ASTM standards
Corrosion Test – Salt Fog (ASTM B 117)
• Corrosion Test Results：
Hours Metal Blistering RustingUndercutting (mm)
Continue
P1 13,740 CRS* 10 10- 2-7 Yes
P2 13,740 CRS* 10 10- 1-9 Yes
P3 12,740 CRS* 10 10- 1-5 Yes
P4 12,740 CRS* 10 10- 1-4 Yes
P5 8,372 CRS* 10 10- 2 (Avg.) Yes+
P5 12,740 CRS* 10 10- 2 (Avg.) Yes
P6 8,372 CRS* 10 10- 3 (Avg.) Yes+
P6 12,740 CRS* 10 10- 3 (Avg.) Yes
P9 10,740 Aluminum 10 10- 0 Yes
* CRS: Cold Roll Steel+ This Panels where scratched off the surface corrosion product at 8,372 hrs then been put back to the salt fog chamber for continue testing- Discoloration was founded on this panel
World Record
13,740 hrs (2+ years) accelerated corrosion tests, still
No rusting or blistering
Industry Recognitions
AnCatt's environmentally friendly anti- corrosion coating platform can provide unprecedented corrosion protection for all sorts of metals
The Magazine of the National Society of Corrosion Engineers (NACE), July, 2013
Industry Recognitions
Independent corrosion tests have shown this is a successful conductive polymer-based anti-corrosion coating technology and the firstnon-chromate coating that has out-performed hexavalent chromate coatings. It is also the first heavy-metal-free heavy-duty anti-corrosion coating technology.
International Magazine For the Painting & Coating Industry, PCI,
October, 2013
Market Analysis
×Toxic heavy-metals = phasing out by regulations
×Zinc = less effective + facing depletion (2027)
×Other heavy-metal free technologies = too weak
AnCatt coating holds the promises to revolutionized the anti-corrosion
coating markets.
- Chemical Informer
iBarrierTM Is The Futurefor All Metal Structures
Verrazano Narrows Bridge NY/NJ
- High performance lead based paint- Repaint every 9-10 years- Last repaint job estimated $40MN for five year (1998-2003)- Require lane closures- Using airtight enclosures work area and vacuum hazardous lead-based paint chips- A follow up 3-year clean and repaint job cost $32 million, total $72MN- complete in 2008, total 10 years-Next repaint job received lowest bid of $235,728,000 on June 28, 2012- How much can 6X longevity Save?
Verrazano Narrows Bridge NY/NJ
- High performance lead based paint- Repaint every 9-10 years- Last repaint job estimated $40MN for five year (1998-2003)- Require lane closures- Using airtight enclosures work area and vacuum hazardous lead-based paint chips- A follow up 3-year clean and repaint job cost $32 million, total $72MN- complete in 2008, total 10 years-Next repaint job received lowest bid of $235,728,000 on June 28, 2012- How much can a coating that last 6X longer Save?
Interest Rate 0% 3.2% (inflation)
60 Year Savings $1.4 Billion $4.5 Billion
Annual Savings $23 Million $75 Million
- Federal Highway Trust Fund Went Bankrupted in 2014- Still 61,000 structurally deficit dangerous bridge need to be repaired- The U.S. Infrastructure funding gap expects to grow into $3.6 trillion by 2020
Infrastructure Funding Crisis
Photo: The Arlington Memorial Bridge, Washington, D.C.
June 2015
A Traditional 2 to 3 Layer System
Manufactured and Applied in the Traditional Ways: Spray, Brush, Roller, etc.
Value Proposition
Protective coating reaching new heights in sustainability
and performance
- Industrialcoatingworld.com
6X Longevity
Less than ½ thickness
Heavy-Metal Free
Self-Healing
Surface Tolerant
Green . Reliability . Fuel Efficiency . Cost Reduction
Market Size - $30B
Target Markets: Oil/Gas/Energy/Power, Aerospace, Automobile, Industrial/machinaries, Marine, Infrastructures, DefenseMarket Growth Rate: 4.5%Competition: None (No current technology is capable to compete)
Award to move high impact breakthrough beyond incremental change & make an impact at a system-wide level
AnCatt founder having breakfast with Astronaut Cady Coleman at the Kennedy Space Center while receiving the LAUNCH Award,
January, 2015
Globally, 1 Ton of SteelTurning into Rust, Every 90 Second
The Energy Used to Make 1 Ton of SteelCan Power Avg. U.S. HouseholdFor 3 Months
To Produce One Ton of Steel
Will Emit 1.8 Ton of CO2, Therefore
To Produce Replacement for Corroded Steels
Emit 748 Million Ton of CO2 Annually
Painting Bridges Caused Traffic Congestions,
Emit 80.3 Million Tone of CO2, Annually
Concrete Production is the No. 1 Source for
CO2 Emission, Steel Rebar Corrosion is the
No. 1 Cause for Concrete Failures
Imagine a World without Corrosion- A much safer place where everything last much longer
With the Miracle of iBarrierTM TechnologyThe best anti-corrosion coating ever been made
With the Miracle of iBarrierTM TechnologyThe best anti-corrosion coating ever been made
Thank You!
2000 Nobel Chemistry Award-Winning Material
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Conductive Polymers Applications
- Anti-Corrosion Coating / Sealant
- Conductive Ink / Toner / Adhesives
- Conductive Fiber / Cloth
- Electromagnetic Interference Shielding
- Electrostatic Dissipation Coating
- Sensors / Bio Sensors
- Batteries
- Etc.
?AnCatt Inc.Web: www.ancatt.comEmail: [email protected]: （302）533-6533Newark, DE, 19711
The future of Anti-Corrosion Coatings