TNG Ltd (ASX:TNG) has filed an application to trademark the name of its first titanium dioxide pigment as TNG360.
The trademark will provide protection to both TNG and its customers for its intellectual property, an important component of running a successful global company.
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TNG managing director Paul Burton said: “By lodging this trademark application, TNG is moving not only to protect our IP in respect of the high-purity titanium oxide pigment process we successfully developed last year but also to ensure that our unique, high-value product will be recognisable globally and distinguished from our competitors.
“This is an important part of our overall strategic development and together with our patented TIVAN process represents an asset that will create long-term value for TNG.”
Existing sulphate and chloride processes for titanium dioxide production have been respectively using ilmenite and rutile as feedstock for more than a century.
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TNG uses a new source of feedstock, titanomagnetite, processing by using its proprietary TIVAN hydrometallurgical processing technology (below).
TNG30 will highlight the uniqueness of TNG’s titanium dioxide pigment, which uses a feedstock with the lowest iron content globally, and this will result in a neutral colour tone.
The finished product will have similar properties and command a similar premium to chloride produced pigment, with TNG experts saying its new process for the production will yield high physical and optical properties compared to other titanium oxide pigments.