Formulation Network Created by Evonik, Others
In a press release issued last week, specialty chemicals company Evonik announced the launch of an industry-wide network that users will be able to utilize when conducting joint product searches for coating formulations.
Joined by Lanxess and Synthomer, Evonik reports that the unique product search for the coatings industry, dubbed COATINO, aims to transparently bundle all the information needed to formulate the optimum coating easily in one single space.
COATINO is reported to offer specialty additives from Evonik, polymer resin binders and dispersions from Synthomer, and iron oxide pigments from Lanxess, with products from other suppliers to follow. In addition to additives, binders and pigments, in the future other materials like fillers for example will also be included in the network.
According to the Evonik, a total of 15 companies already belong to the formulation network. The partners do not only include raw material producers, but also hardware and equipment manufacturers, as well as technology and media companies.
“COATINO is not just a material database, but a comprehensive platform providing detailed information and helpful advice about formulations for coatings and inks,” explained Gaetano Blanda, head of the Coating Additives business line at Evonik.
“This is precisely the unique selling point of our formulation network: users should be able to filter, select, and integrate all the relevant products into their desired formulation, tailored to their specific requirements.”
When in the system, the company reports that users can choose between different raw material classes and manufacturers, but also set filters to search for the essential product properties they require. From there, the user will get access to detailed product information such as technical, regulatory or safety data sheets. There is also the option of easily ordering free samples or contacting the manufacturer directly.
After a desired product has been found, COATINO provides guiding formulations or can even calculate completely new formulations.
“The industry is challenged to map all the different classes of raw materials to bring about successful formulations. COATINO is the first online platform to do this in a meaningful way and then to link suppliers together with each other,” said Raymond Somich, Global Marketing Director from Synthomer.
“In addition to the common regulatory challenges, we are already working on other topics such as assessing the sustainability of products and providing transparent classification. We are thinking about how we can improve the customer experience to simplify formulating design work and help our customers find solutions faster.”
Evonik adds that the company’s new sustainability strategy is already contributing to this endeavor. Evonik Coating Additives is already in talks with numerous other companies worldwide to add further products, data and expertise to the network and will continue to evaluate the environmental footprint of its specialty additive and their environmental impact.
COATINO is scheduled to be presented at the American Coatings Show from April 5-7.