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Saturday, October 22, 2016

I-Tech to Supply CMP with New Biocide Anti-fouling Ingredient

July 11, 2014

Ship's hull in drydock: File photo

Ship's hull in drydock: File photo

I-Tech says it has entered into a non-exclusive supply agreement with Chugoku Marine Paints Ltd (CMP) for use of I-Tech’s proprietary product, Selektope, in commercial antifouling paints. Selektope is to be used as the principle biocide in new products to be brought to the market by CMP.

The suppliers say that CMPs decision marks not only an important milestone for I-Tech but also sets the starting point for antifoulings containing a new selective biocide with a repellant mode of action and with minimal environmental footprint.

Paints containing Selektope [prevent barnacles attaching to the hull] will be of particular value to customers in the marine industry.  High levels of biofouling on a ship's hull significantly increases drag, reduces the overall performance of the vessel and increases the fuel consumption significantly. Due to the low concentration needed, Selektope does not compromise the paint’s chemical structure, color or other cooperative biocides involved.

“We look forward to intensifying our work with CMP in the development and commercialization of antifouling paints containing Selektope. CMP is one of the largest marine paint suppliers in the world and to be a part of their supplier base is a great opportunity for us”, says Managing Director Philip Chaabane.

About I-Tech
I-Tech AB (founded 2000) is a privately owned marine-tech company based at the Astra Zeneca plant in Mölndal, Sweden as part of Astra Zeneca´s “BioHub” initiative.

The company holds all proprietary rights to Selektope as well as global regulatory files for its use in the field of marine antifouling. Selektope is a new type of biocide with a selective effect on barnacle larvae and exerts its effect through a repellant effect on the target organism.

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