I-Tech and CMP sign agreement for largest ever Selektope order

I-Tech and CMP sign agreement for largest ever Selektope order
Philip Chaabane, I-Tech CEO

I-Tech, the Swedish company that developed unique antifouling ingredient, Selektope, has signed a supply agreement with Chugoku Marine Paints (CMP), giving the Japanese paint company access to I-Tech’s Selektope-containing antifouling product portfolio.

Philip Chaabane, CEO, I-Tech, comments: “This significant order for Selektope demonstrates how I-Tech’s antifouling technology is meeting market demand for increased hard fouling prevention performance from marine coatings. For I-Tech, securing this significant supply agreement with one of the major paint manufacturers provides evidence of the major impact that our technology continues to make. With this long-term agreement in place, I-Tech can continue to focus on further improving operations and the strength of the Selektope supply chain to ensure commercial competitiveness for our technology.”

The long-term agreement is a result of increasing demand for CMP marine coatings to contain Selektope and is the largest ever single order of the technology to-date. The agreement also includes the option for CMP to further increase the order value as required.

Mr Hideyuki Tanaka, Director & Chief of Technical and Production Headquarter CMP says: “Securing CMP’s commercial relationship with I-Tech to support the strong demand received for Selektope-containing products offered by CMP is of great importance. We look forward to working with I-Tech going into the future.”

Selektope is an organic, non-metal antifouling ingredient that works by temporarily stimulating barnacle larvae’s octopamine receptor. This ensures that the larvae are kept in swimming mode and cannot therefore attach themselves to the surface of the ship. The neurological effects are temporary and larvae are able to return to their normal functional capacity shortly after encountering Selektope. According to T-Tech, Selektope has a very high efficacy at extremely low concentrations (0.1% w/w), is ultra-low leaching and offers paint manufacturers the flexibility to boost copper-based paint formulations or replace copper completely with the ingredient.

In 2016, CMP launched the first Selektope-containing antifouling coating range onto the market following extensive trialling under two separate brands: SEAFLO NEO CF PREMIUM; and SEAFLO NEO-S PREMIUM.