The company will use LiquiGlide's patented slippery coating technology to create the World's first non-stick paint packaging, to allow consumers to use more of the paint they buy and create less residual waste.
Dave Smith, CEO, LiquiGlide, told FoodProductionDaily the deal with Pact Group is the firm's third public licensing agreement, after Elmer’s Products and Orkla, but it is currently developing custom coatings for more than 30 clients globally.
He said its coating technology will give Pact a competitive advantage in the marketplace.
“Consumer packaged goods has always been a primary focus of ours, and our slippery coating for food applications are at the forefront of CPG packaging innovation,” he said.
“Because of our unique technology platform, we can create custom coatings for any viscous liquid. Our current licensing agreement with Pact Group is specifically related to coatings for paint packaging, but we’re open to expanding the relationship to include other products.”
Since 1866 when paint was first sold in tin containers, consumers have struggled with paint sticking to its packaging – from not being able to use all of the paint they purchased to coping with dried paint that can flake off and contaminate fresh paint.
Paint residue in containers can also contribute to environmental problems.
Packaging that is more sustainable
"At Pact, we are not only focused on creating innovative packaging that can add value for our customers and end users, but packaging that is more sustainable," said Mark Nothnagel, general manager, Pact Group.
"Our partnership with LiquiGlide will allow us to explore and eventually provide paint packaging that will benefit the environment, the brand owners and the end consumer."
LiquiGlide's coatings are created by combining a textured solid with a liquid, resulting in a permanently wet slippery surface that enables viscous liquids to slide easily. As a result, consumers get more product out of the container.
Smith claims its technology is superior to other approaches to liquid-impregnated or liquid-infused surfaces because those products are only temporary, relying on excess liquid that will drain off the surface due to gravity.
LiquiGlide was founded in 2012 to commercialize MIT's patented liquid-impregnated surface technology. The patents are licensed exclusively to LiquiGlide and include three issued patents and more than a dozen pending.