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Breaking NewsIndustry News

Spin-Off to Market Green Technology Using Waste Paint

May 30, 2007
A new venture, formed by a special licensing agreement signed with Rutgers University, has been launched to commercialize and market a green technology being developed by Rutgers’ Center for Advanced Materials via Immiscible Polymer Processing (AMIPP).

EAST BRUNSWICK, N.J. - A new venture, formed by a special licensing agreement signed with Rutgers University, has been launched to commercialize and market a green technology being developed by Rutgers’ Center for Advanced Materials via Immiscible Polymer Processing (AMIPP). The technology uses waste latex paint and recycled plastics as raw materials to:
  • create new blended polymers used in manufacturing,
  • increase the volume of available plastics to meet demand and
  • reduce the burden of leftover paint dumped in landfills.
The new green company, Re-Manufacturing Technologies, Inc. (RMT), is a spin-off of the National Council on Paint Disposition, Inc. (NCPD), a New Jersey-based national environmental organization, founded in 2002, with the mission to develop and implement a comprehensive approach to reducing the cost and environmental impact of waste paint products.

Re-Manufacturing Technologies will market Rutgers’ new technology as an environmentally preferred solution for dealing with this country’s costly waste latex paint problem, as well as the increasing demand for plastics, according to NCPD President Marv Goodman, who also serves as president of RMT.

For more information about RMT or NCPD, call 732/309.2022 or visit www.paintrecycling.org.

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