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Hybrid Coating Technologies Inc files for new US patent, replacing petroleum based resin with carbonized soybean oil.

M2 EQUITYBITES-October 20, 2011-Hybrid Coating Technologies Inc files for new US patent, replacing petroleum based resin with carbonized soybean oil(C)2011 M2 COMMUNICATIONS http://www.m2.com

Coatings & paint company Hybrid Coating Technologies Inc (OTCBB:HCTI.OB) said on Wednesday that it has filed its US Patent Appl. No. 13/028,067 under its licensing agreement entitled "A method of producing a hybrid polyhydroxyurethane network.

This US Patent Appl. No. 13/028,067 was prepared by the company's strategic research arm, Polymate Inc.

The company stated the new patent provides a significant reduction of the petroleum component by substituting it with carbonized soybean oil in its green polyurethane product, while maintaining and improving all of the favorable product characteristics.

According to Hybrid Coating Technologies Inc, it is the only company in the world that can make carbonized soybean oil polyurethane floor coating without using any isocyanates in the entire production process.

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Publication:M2 EquityBites (EQB)
Date:Oct 20, 2011
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