International. Henkel Adhesive Technologies reported that as part of its innovation strategy, Henkel's business unit is continuously reinforcing its technical exploration and commitment to companies. The most recent result is the signing of a joint development agreement with U.S.-based DropWise Technologies Corp.
The start-up has developed technology, intellectual property and laboratory-scale manufacturing "know-how" as a novel method of hydrophobic coating applications. The partnership will enable Henkel to further expand its position in the global surface treatment business and drive growth with new applications.
"Collaborating with promising companies that provide access to more advanced technologies is an integral part of our innovation strategy," said Mike Olosky, Senior Corporate Vice President and Global Head of Innovation and New Business Development at Henkel Adhesive Technologies. "Together with DropWise, we can combine their unique technologies with our global market access and coating know-how to generate profitable growth for both partners in the future."
DropWise's application process is based on an initiated chemical vapor deposition (ICVD) technique that allows the coating to be applied for OEM or modernization applications.
"We are excited to partner with a global leader in metal surface treatment," says Adam Paxson, CEO of DropWise. "Henkel's deep technical expertise and strong track record that brings new innovations to its customers will allow us to gain a fast track to market in key areas of the market."
