Microtrace markets nanotags

By Frank Esposito
Senior Staff Reporter

Published: November 27, 2012 6:00 am ET

Related to this story

Topics Materials, Suppliers

MINNEAPOLIS (Nov. 27, 10:05 a.m. ET) — A bigger plastics business could come in small packages for Microtrace LLC.

The Minneapolis firm recently commercialized molecular taggants that can be used in plastic masterbatch concentrates to help materials firms and brand owners know what they’re getting when they buy plastic raw materials or finished plastic parts.

“Users will be able to identify the makeup of the materials and be able to measure things like quantifying content and loading levels,” Vice President Brian Brogger said in a recent phone interview.

The nano-based technology used to make the new taggants can be used by brand owners to ensure their products are being made up to their standards, and as anti-counterfeiting measures. Customers or material suppliers can use a scanning device provided by Microtrace to take these measurements.

Officials with the 27-year-old firm describe the taggants as “virtual fingerprints” that can be uniquely coded for each customer or application. The taggants can be used in all types and colors of resins.

Microtrace has sold its existing line of Microtaggant-brand identification particles into the plastics market for several years. The new molecular particles are expected to help the firm grow its presence in plastics.

“Plastics is a pretty big business for us, and it’s been growing,” Brogger said. “We sell tens of millions of pounds of material into that market each year.”

The molecular taggants are completely invisible in finished products, and are typically used at low let-down rates of 1-2 percent.

Microtrace operates its own production plant in Minneapolis. The firm bills itself as a leader in traceable, anti-counterfeit taggant technologies, security labels and laser systems. Microtrace acquired its core taggant technology from consumer and industrial products giant 3M Co. of Minneapolis and now works with many government agencies, consumer product companies and Fortune 500 corporations.


Comments

Microtrace markets nanotags

By Frank Esposito
Senior Staff Reporter

Published: November 27, 2012 6:00 am ET

Post Your Comments


Back to story


More stories

Image

Bayer spinning off plastics business

September 18, 2014 8:49 am ET

Bayer AG will spin off its MaterialScience plastics group into a separate, publicly-traded company within the next 12 to 18 months.    More

Image

Investor group wants DuPont to split in two

September 18, 2014 7:37 pm ET

Investment firm Trian Fund Management LP is calling for plastics and chemicals giant DuPont Co. to split itself into two firms, one of which would...    More

Image

Minnesota receives grant to help develop new bioplastics

September 17, 2014 4:08 pm ET

The University of Minnesota has received a $20 million grant to fund the development of new types of bioplastics.    More

Image

China's Polymax Elastomer launches U.S. production in Illinois

September 17, 2014 3:35 pm ET

Chinese materials maker Polymax Elastomer Technology Co. Ltd. has opened a North American production site and headquarters in Waukegan, Ill.    More

Image

PolyOne helps nonprofit get water purification to more places in need

September 17, 2014 1:59 pm ET

Resin giant PolyOne Corp. is teaming up with WaterStep, a non-profit water purification agency, to help the group assist a greater number of disaster ...    More

Market Reports

Plastics Caps & Closures Market Report

The annual recap of top trends and future outlook for the plastics caps & closures market features interviews with industry thought leaders and Bill Wood’s economic forecast of trends in growing end markets. You will also gain insight on trends in caps design, materials, machinery, molds & tooling and reviews of mergers & acquisitions.

Learn more

Shale Gas Market - Analysis of North American Region

This report highlights the impact of shale-based natural gas on the North American plastics market and features an in-depth analysis of production trends in the United States during 2013 and a forecast for 2014 and beyond.

Learn more

Thermoformed Packaging 2014 Market Review & Outlook – North America

This in-depth report analyzes economic and market trends, legislative/regulatory activity impacting supply and demand, business opportunities and threats, materials pricing, manufacturing technology, as well as growth strategies being implemented by thermoformed packaging companies.

Learn more

Upcoming Plastics News Events

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

More Events