A five-month long search for the winners of the 2016 Ringier Technology Innovation Awards – Coatings Industry culminated with 25 awardees on May 24 in Shanghai, China. The awardees shared their big moments with the panel of judges, experts from industry associations and media representatives during the award. This year, the awarding ceremony was held in conjunction with China Coatings Summit 2016 –Architectural, Wood, Anti-corrosive, Auto, Smart Coatings on May 24-25.

From 56 entries, 26 products among 7 categories were finally nominated as winners by the independent panel of judges, as well as through online voting by coatings end-users, covering 7 categories: Resins, Additives, Emulsions, Pigments, Machinery & Equipment, Biobased Products and Other Innovative Products/Technologies. Awardees include: BASF(China)Co., Ltd., Wacker Chemicals (China) Co., Ltd., Alberdingk Resins Co.,Ltd., DSM (China) Limited, BYK Additives (Shanghai) Co., Ltd., Air Products & Chemicals (China) Investment Co., Ltd., Evonik Specialty Chemicals (Shanghai) Co.,Ltd., Ashland (China) Holdings Co., Ltd., Elementis Specialties, The Dow Chemical Company and many others.

If we look closely at the selected products and technologies of this year, we can see some important industry trends; in the Resins and Additives categories for example. Products such as New Crosslinker Larotact®150 For 1K Auto OEM Clear Coat, Synthro-stab TF series formaldehyde scavengers are especially outstanding in terms of environmental protection and better surface appearance.

For this year, there are also some new developments of the award: First, we have added one categories- Biobased Product; second, the voting process has become more open, which means besides the selection by the judges panel and website visitors, we have used Wechat for online voting, and hundreds of participants cast their votes through coating wechat channel; third, the submitting companies had to provide more third-party credentials in addition to the basic description of the products, and these included  patent certifications and even experimental data sheets. These materials are very important references for the judges to decide whether the products or technologies are truly innovative. Last but not least, we have added a new award – “The Innovators of The Year”, to reward a person or a team who have led the development of a new product or technology.

This year, the “The Innovators of The Year” award was finally given to Wanhua Chemical Group Co.,Ltd. for their winning products -- “Oil-Modified Waterborne PUD Lacper® 4215” and “3-Isocyanatomethyl-3,5,5-Trimethylcyclohexyl Isocyanate, IPDI”.

Honesty, fairness and transparency give Ringier Technology Innovation Awards a wider attention and national recognition over the years, according to Ringier Trade Media Limited, the organizer of this yearly event.

Mike Hay, President of Ringier Trade Media. noted, “It is the independent panel of experts – the judges who play the key role in the selection of the winners, which is the one important feature that makes this award special and different from other award-giving programs in China.”

About Ringier Technology Innovation Awards

Ringer Trade Media and its industry-leading trade magazine, Coating & Ink China, present the Awards to a select group of innovators each year in China. The purpose of the Awards is to encourage, acknowledge and reward individuals and companies who have introduced and developed a new idea, methodology, product or technology for production efficiency, cost effectiveness, user convenience, energy saving and sustainable manufacturing in the coatings industry.

The Ringier Technology Industry Awards started in 2006 and cover nine different industries. They are recognized as being the most transparent of such industry awards in China. For more information, please visit: www.ringierevents.com/innovations.

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