"We are very excited by this new formulation as it allows for the installation of a floor coating in one day rather than several days, which is presently the industry norm," said Joseph Kristul, president and CEO, "This new addition to our technology is yet another demonstration of our scientific team's ability to develop cutting edge, market relevant, eco-friendly products in the polyurethane industry."
Hybrid's coating products address the $35 billion global industrial and specialty coatings market.
Hybrid's patented technology is one of the formulations in the world today that produces polyurethane without using isocyanates at any point in the production process, according to the company,
On June 25, 2013 the Occupational Safety and Health Administration (OSHA), a division of the US Department of Labor, initiated a National Emphasis Program to protect workers from serious health effects from occupational exposure to isocyanates. Isocyanates are found in polyurethane based products. According to OSHA, "Workers exposed to isocyanates can suffer debilitating health problems for months or even years after exposure which could result in death."
The US EPA (Environmental Protection Agency) is looking to control and potentially outright ban isocyanates and mentioned Hybrid's technology as an alternative to toxic polyurethane in its Action Plan against isocyanates.