Providing Protection against Corrosion

Why is there a need for corrosion-resistant coating? It helps protect metal against degradation that results due to moisture, oxidation, salt spray or exposure to industrial or environmental chemicals. Corrosion-resistant coating provides additional protection to metal surfaces and prohibits contact corrosive materials and chemical compounds.

What are some of the benefits?

Corrosion-resistant coatings serve a purpose as they ensure metal components last longer than the time span they are given. Considering metal component operate in harsh applications, these corrosion-resistant coatings provide like no other. including Some of these coatings are made from the unique fluoropolymer coating which acts as a protection against extreme chemical applications for a long time, thereby ensuring proper functioning for a long period of time.Some of the corrosion-resistant coatings available include corrosion resistant steel coatings, that helps match the performance requirements of an application.

Global demand

Corrosion and its various forms costs the global economy $3 trillion per year. The present world market size corrosion-resistant coatings has crossed the $12 billion mark. With an increasing demand for mining and energy resources, the market growth is expected to be around 4.5% per annum.

Also, there has been a growth in nanocoatings owing to their ability to provide chemical and abrasion resistance with excellent adhesion, while also meeting regulatory requirements. Some of the main growth markets include water filtration and treatment, wind turbine coatings and oil and gas pipeline coatings.

It should also be noted that there is a burgeoning market for budget-friendly non-epoxy-based corrosion-resistant coatings. These coating are in demand because they provide protection against temperature swings, road salt and acid. Therefore, metals that come in contact with this kind of corrosive materials could do with some added coating.

Australia’s vanadium project breaks new ground

Australian Vanadium (AVL) has been successful in producing its first batch of vanadium electrolyte from its commissioned pilot plant at the University of Western Australia.This is another milestone for AVL’s energy storage plan as the product has the potential to be used in vanadium redox flow batteries (VRBs). What are VRBs? They are energy storage devices that have been designed to store energy generatedfrom renewable sources.

However, the company does not plan on stopping there. The proposal for a larger plant will be studied to assess its feasibility. The company plans to deliver vanadium products like batteries to end users, while also supplying and processing raw materials from the Gabanintha vanadium project in Western Australia.

The journey

The company has been using the pilot plant to test and verify the manufacture of vanadium electrolyte products that are deemed suitable for third party VRB. The company plans to supply vanadium electrolyte to VRBs that are being sold in Australia, New Zealand, and other Pacific and Asian countries.

However, ASL has also been approached by European battery manufacturers who seek electrolyte supplies for the long term. A number of additional vanadium electrolyte batches will be analysed and produced over time. Before that step, the company intends to gather information from the testing, which includes reviews by vanadium battery manufacturers and researchers.

By successfully installing the pilot plant, the company has taken a leap in the right direction as far as its strategy is concerned to become a player in the vanadium market. The development of a commercial plant in Australia is in sync with the company’s strategy to involve investors in the energy storage value chain, while also providing cash flow opportunities.