- In the first half of 2016, Cellulose NanoCrystals (CNC) shipments to industrial partners have reached their highest level since company inception.
- Recent application developments in the oil & gas, electronics and plastics sectors are expected to lead to commercial sales towards year end.
- New website to enhance understanding of CelluForce NCCTM core properties and scope of performance in industrial applications is launched.
MONTREAL, June 8, 2016 /CNW Telbec/ - Celluforce, a clean technology company, is seeing growing interest in its innovative green chemistry product called Cellulose NanoCrystals (CNC) and has recorded, over the first half of 2016, the largest CNC shipment volumes since the company's inception.
"Over the past year, we have been actively developing several industry-specific applications featuring CelluForce NCCTM, a form of cellulose nanocrystals which is produced in our Windsor plant. Three of these applications have now reached a high level of technical and commercial maturity and have been proven to provide cost benefits and sustained performance in the oil & gas, electronics and plastics segments," said Sebastien Corbeil, President and CEO of CelluForce. "Our product development teams are extremely pleased to see CelluForce NCCTM now being used in full scale trials for final customer acceptance tests".
With the current shipment volumes forecast, the company expects to deplete its CelluForce NCCTM inventory by mid-2017. The inventory depletion will pave the way for the company to start commercial production of CNC at its Windsor plant next year.
CelluForce has built a strong network of researchers with academic and industrial partners and continues to invest time and resources to develop, refine and expand applications for CNC in key priority industrial markets. Beyond oil & gas, electronics and plastics, some of these markets are adhesives, cement, paints and coatings, as well as personal and healthcare.
Furthermore, as it progressively prepares for commercial production, CelluForce has revamped its digital platform and presence, with the underlying objective of developing a better understanding of its product, applications and its innovative green technology capabilities. Its new brand image is meant to convey the innovative, versatile and sustainable properties of CNC. Visit www.celluforce.com
CelluForce is an innovative cleantech company and a world leader in the development and production of Cellulose NanoCrystals (CNC) extracted from wood. Headquartered in Montréal, the company, whose shareholders are Domtar, FPInnovations and Schlumberger, operates the world's largest CNC plant, capable of producing 300 tonnes per year of CelluForce NCCTM a high quality and dispersible form of CNC. Innovation and creativity are the backbone of CelluForce which currently controls an extensive intellectual property portfolio related to CNC. The company's mission is to harness nature's power to transform the performance of its customer's products.
Image with caption: "Logo : CelluForce (CNW Group/CelluForce)". Image available at: http://photos.newswire.ca/images/download/20160608_C7553_PHOTO_EN_708688.jpg
For further information: Sébastien Corbeil, President & CEO, CelluForce, +1 514 360 1023, [email protected]