TRUE Green Poly™ is the first-ever modified hybrid polyurethane, currently used in coatings and paint.
Green Polyurethane™ - Zero Isocyanates
TRUE Green Polyurethane™ is the first-ever modified hybrid polyurethane, currently used in coatings and paint, manufactured without the use of toxic isocyanates throughout the entire production process, resulting in a substitute for conventional polyurethane and epoxies, which is hundreds of times less toxic, has superior properties and provides 30-60% in application costs. TRUE Green Polyurethane™ has been thoroughly reviewed and recommended by regulatory agencies as a substitute for conventional polyurethane.
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True Green Poly™
Hybrid Coating Technologies Inc
Year End Newsletter 2017
I hope you are enjoying the end-of-year holidays. 2017 has been a year of building for Hybrid Coating Technologies. In particular, we have spent a tremendous amount of effort in improving our product offering and strengthening our manufacturing, quality control and delivery process here in the United States. We have also established new toll manufacturing in Europe where we hope to begin producing in the first quarter of 2018.
In 2017, we also made great strides in increasing our sales in the U.S. Our distributor, Industrial Finishes has been selling our coatings products through multiple sales channels including directly through the contractor supply retail store, White Cap. This has helped to significantly increase our sales from approximately .5 tons per month at the beginning of the year to 7 tons per month in December. These increased sales figures will be reflected in HCT’s quarterly and annual financial filings with the SEC, which it will make its best effort to submit by the end of the first quarter of 2018.
HCT is now in discussions with multiple potential new clients who plan on using our hardeners to manufacture their own coatings in the US as well as in Europe. We hope to begin selling to the first of these potential clients in the first quarter of 2018.
In regards to the company’s foam development, HCT is now in the initial stages of a joint development agreement with a European company to jointly create a new zero isocyanate semi-rigid foam for global distribution.
Lastly, HCT will have a booth at the World of Concrete trade show in Las Vegas, Nevada at the Las Vegas Convention Center from January 23-26, 2018 (booth #O40718). We are excited about the launch of several new products (see the Sneak Preview below) and coating systems that will be on display at our booth. Attending will be our Director of Marketing and Sales, Darin Nellis; our Director of Operations, Cyril Jay-Rayon; and our Senior Technical Director, Scott Kummer as well as myself. I would like to encourage all investors to come to Las Vegas and stop by our booth to meet our team during the show.
Decorative Terrazzo - GREEN POLYURETHANE™ EPOXY CONCRETE (GPEC™)
Description: GPEC™ is a new monolithic epoxy-urethane concrete product developed by Hybrid Coating Technologies that has many times the strength of a standard concrete and also greater strength than a polymer (urethane) concrete. Polymer concretes have become very popular for their exceptional durability over standard concrete and their ability to dry quickly. GPEC™ improves the durability of polymer concrete. In addition, whereas polymer concrete looks synthetic, GPEC™ looks like a natural concrete and it can be polished.
Standard concrete is mixed with water, which evaporates during curing. This creates hydrolysis, which often causes micro fracturing in concrete after it has cured. Micro-fracturing, in turn, demands expensive concrete repair work over the life of the concrete. Instead, applicators can use GPEC™, which will not micro-fracture due to the epoxy and urethane properties built into the product, which also dramatically increases its water and chemical resistance. The product is also low impact on human health and the environment due to its zero VOC, zero isocyanates formulation.
Applications: GPEC™ is best used for resurfacing damaged concrete or for designer overlays.
GPEC™ can repair even the most damaged concrete in any commercial or industrial applications such as warehouses, super markets, stadiums, train/bus stations, etc. It can be used to fill cracks, spalls and other voids in damaged concrete. It cures to be harder and more durable than the concrete itself and also blends in with the natural color and texture of standard concrete.
GPEC™ can also be used as a designer finish on top of a concrete substrate for a polished concrete look or as a filled or terrazzo system with aggregate mixed in. This system is often used in decorative concrete applications such as hotel lobbies, airports and other hospitality venues.
Commercial Status: GPEC™ is now in its final stage of field and independent lab property testing. The product is projected to be commercialized in the first quarter of 2018
Hybrid Key Milestones Accomplished For 2017 And General Outlook for 2018
Hybrid Coating Technologies Newsletter 4th Qtr 2017 Issue No. 2
Dear shareholder: As we enter the final quarter of the year I would like to take some time to update you on the progress and challenges Hybrid Coating Technologies is currently facing. As many of you know, our zero isocyanate hybrid polyurethane technology can be used in many different applications. To date, we have concentrated on the applications of coatings and foam. And, of these two, we have made coatings a priority for the simple reason that the company depends on revenues from its finished coatings formulations and hardeners to support its ongoing operations. In this regard, I am happy to share with you that professional contractors and applicators can now purchase our finished indoor coating formulations through White Cap (Owned by HD Supply), one of the largest contractor supply retail stores in the US (see more details below). In addition, our coating hardeners (with patented polyurethane chemical structures that do not use isocyanates) are also being sold on a monthly basis in Mexico and soon in Italy and other parts of Europe. We have also had a tremendous response from our participation at the European Coatings show early in the year. One of the results is that we have a new distributor in Europe who is now working with 15 new coatings companies who are all lab and pilot testing our hardeners for use in the European market. Our biggest challenge with our finished formulations in the US has been reformulating our outdoor UV resistant coatings. The reason the company has had to re-formulate is due to the unavailability of a particular raw material we used to use in our outdoor products. However, we have now tested 5 new formulations and believe we are 2-4 months away from putting these outdoor products back on the market. The company is also moving forward with three joint developments in the creation of zero isocyanate PU foam applications together with two European companies and one US company, all with well-established markets and considerable resources. All of these companies are contributing financial and personnel resources toward the joint development of these projects. The foam projects have very large markets. We therefore project significant revenue streams from each of these joint ventures in the next 2-3 years.
Green Polyurethane at White Cap – HD Supply
Green Polyurethane under the private label name, "True Green Poly” or “TGP”, distributed by Industrial Finishes & Systems, can now be purchased at White Cap stores across the nation. The first store to demo the material is the first built White Cap, which is located in Santa Ana, California. White Cap sells to contractors in the concrete construction market and has revenues over $1 billion per year. White Cap is owned by HD Supply (which was previously owned by Home Depot) and has revenues of close to $6 billion per year. Below are pictures of a showroom quartz aggregate flooring system using TGP at White Cap in Santa Ana. This showpiece, created by HCT’s expert applicator, Scott Kummer (above right), is currently on display at White Cap and we encourage investors to stop by and take a look.
HD Supply sells to concrete contractors