Titomic to deliver first-of-its-kind glass mould coatings system

May 20, 2022 06:09 PM AEST | By Damini

Titomic to deliver first-of-its-kind glass mould coatings system — Image source: Company Announcement (19 May 2022)

About the glass mould coatings system

In collaboration with International Partners in Glass Research (IPGR), Titomic Europe has developed the world’s first automated cold spray system for glass mould coatings.

IPGR is a leading glass research organisation, which represents numerous partner companies comprising 12 per cent of the glass packaging market. As per the Global Market Insights 2021 report, the glass packaging market is valued at USD 51 billion per annum with a CAGR of 4.4 per cent.

Titomic’s highly automated system enables:

Moreover, the system scans the moulds and produces a robotic program to automatically coat and repair the mould using AI software. This system is a breakthrough in automated cold spray and is expected to significantly improve the performance of moulds for the glass industry. Subsequent generations of this system will see the introduction of automated loading, unloading, and polishing of moulds.

Looking ahead

Titomic informed that the system will now be shipped for installation to Vetropack, Austria – a popular glass packaging manufacturer in Europe.

The installation of this cold spray system is expected to provide additional opportunity for systems sales within the international IPGR network. For every comparable machine sold, AUD 1.7 million worth of revenue is likely to be generated over a three-year period.

Titomic shares closed the trading session at A$0.170 on 20 May 2022.

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