GreenCentre Partners with Lorama to Commercialize Environmentally Friendly Paint Technology
KINGSTON, Ontario - GreenCentre Canada and Lorama Group Inc. announced an agreement to jointly commercialize a new environmentally friendly paint technology. Under this agreement, GreenCentre and Lorama will jointly introduce this new technology to the global paint and coatings industry.
Today’s paint products are generally based on either oil or water. Oil-based paints have excellent coating properties, but require organic solvents that are usually flammable, toxic and not environmentally friendly. Furthermore, increasing regulatory pressures are being placed on the use of VOCs that limit the growth of the solvent-based paint systems market. Water-based paints do not contain these solvents, but form coatings that are not as robust and have limited temperature ranges.