Anti-Corrosion Coating Won Energy & Clean Tech Venture Award

The Rice Alliance for Technology and Entrepreneurship (Rice Alliance) announced the 10 Energy & Clean Technology Most Promising Company Awards at the 12th Annual Energy & Clean Technology Venture Forum in Houston last week.

The one-day event culminated in an announcement of the 10 Energy & Clean Technology Most Promising Companies Award chosen from 55 presenters and judged by the Rice Alliance Energy & Clean Technology industry experts, based on the companies’ business plan presentations. “Over the past 14 years, more than 1,500 companies have presented at Rice Alliance Technology Venture Forums.  These companies have raised more than $2.8 billion in funding.

AnCatt was named one of the Energy and Clean Technology Most Promising Companies at the forum. AnCatt successfully developed the first ever heavy-metal free heavy-duty anti-corrosion coating using its unique conductive polymer nano-dispersion as anti-corrosion pigment.  AnCatt coating system also provided unprecedented corrosion protection which will revolutionize the anti-corrosion coating industries with record-making 13,000 hrs of independent salt fog test (ASTM B 117) still showed no rusting or blistering.  It is the first heavy-metal free (green) heavy-duty anti-corrosion coating, with its unprecedented anti-corrosion performance; it is also the first super-duty anti-corrosion coating of its own category.  AnCatt next generation anti-corrosion coating technology will be manufactured and apply with traditional equipments without switching costs.

Its great to receive additional validation and support from the energy and clean tech industry leaders, said Ms. Sue Wang, AnCatt Co-Founder, we plan to raise fund to build a lab with pilot manufacturing capabilities to introduce series of exciting new products based on our proven anti-corrosion platform, also the facility will serve as the first vital step to bring our revolutionary product to the greater worldwide markets through a combined model of manufacturing, partnerships, and licensing.  

The Forum was supported by BP, Chevron, Shell, Wells Fargo, Baker Hughes, CASIS, ConocoPhillips, Energy Ventures, FMC Technologies, Saudi Aramco, ShawCor, Statoil, Technip, Total, Andrews Kurth, Norton Rose Fulbright, Altira, Lime Rock Partners, Comerica, Leyendecker and Associates, Winstead, PKF Texas, and Insperity, with supporting organizations Greater Houston Partnership, and Opportunity Houston, Energy Valley, Inc., Village Capital, SURGE Accelerator, Houston Angel Network and media sponsors Houston Business Journal, BusinessMakers Radio Show and the EnergyMakers Show.

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