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Comment Business & Economics

Rahu and OMG ink global coatings and composites agreement                                 

By Gerald Ondrey |

OM Group, Inc. (OMG; Cleveland, Ohio; www.omgi.com) and Rahu Catalytics Ltd. (Nottingham, U.K.; www.rahucat.com) have agreed to develop a long-term global license and supply agreement for novel technology in the field of additives for coatings, inks and composites. According to the agreement, OMG will acquire the rights to use Rahu’s new iron based FeONIX oxidation catalysts as driers in coatings and inks, and polymerization additives for composites. Designed to meet future legislation relating to the use of transition-metal-based soaps in these markets, FeONIX complexes offer ultra low dosage to generate high performance in use. Extensive testing has demonstrated a range of major technical and commercial benefits for users in addition to an improved environmental profile. Rahu CEO, Paul Smith, welcomed the deal, which confirmed commercialization of a second major catalyst platform for Rahu, after recent successes with its manganese based Dragon complexes in the field of textiles, chemical synthesis and waste water treatment. Rahu Catalytics sells catalyst-based solutions for reducing energy, water and waste costs in a range of industrial processes. Its technology is based on three families of oxidation catalysts acquired from…
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