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Rahu Catalytics shortlisted for
ICIS Innovation Awards 2009.

Rahu Catalytics’ Novel Paint Drying Technology has been selected by the judges to go forward to the final round of judging on 24 August in the category for Best Innovation by an SME.

Launched earlier this year in partnership with global licence partner OM Group, Rahu’s iron based FeONIX technology provides significant technical performance benefits including very low dose, low colour shift and improved loss of dry across a broader range of applications in alkyd systems, including in adverse conditions such as high humidity or low temperature.

Since its formal launch at the European Coatings Show at Nuremberg in March 2009, customer adoption has been high and commercial use of this technology in European paint formulations is expected to start before the end of this year, ideally timed to address growing market concerns and likely re-classification of cobalt compounds in the future.

Fingers crossed for 24th August!

ICIS Innovation Awards 2009

The ICIS Innovation Awards are designed to recognise those companies that have made significant steps forward in technological and business innovation, with tangible results emerging during 2008 and the early part of this year. The Awards are open to companies around the world, reflecting ICIS's global coverage of the industry.

There are four Award categories:
• Best Product Innovation - sponsored by CRA International
• Best Innovation by a small or medium-sized enterprise (SME)
• Best Business Innovation
• Best Innovation in Corporate Social Responsibility (CSR)  

For the first time this year, ICIS will also announce an overall winner, with the Award to be presented by sponsors, Dow Corning.

Chemical Industry - Best Innovation by an SME

About Rahu Catalytics

Rahu Catalytics Limited sells catalyst based solutions for reducing energy, water and waste costs in a range of industrial processes. Its technology is based on three families of oxidation catalysts acquired from the Unilever Group in 2006. These specialty chemical products contribute significantly to the development of clean technologies designed to reduce operating costs and meet current and future legislation, both in the developed world and the growing economies of Asia and Latin America. The company is headquartered in Nottingham, UK and operates laboratories in Rotterdam, the Netherlands and Shanghai, China. For more information, visit the company's Web site at www.rahucat.com.

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