PHILADELPHIA, PA — Axalta Coating Systems (NYSE: AXTA) announced its receipt of three awards at the 2024 Edison Awards™, marking the company’s sixth consecutive year of recognition for its innovations. Axalta garnered accolades for advancements that enhance efficiency, safety, and environmental sustainability in the coatings sector.
The Edison Awards™, known for honoring excellence in new product and service development, marketing, human-centered design, and innovation, celebrated its 37th annual ceremony in Fort Myers, Florida. Winners are selected by a panel comprising esteemed business leaders, designers, and academics, emphasizing the prestige of these achievements.
Silver Accolades for Technological Advancement and Environmental Impact
In the Environmental and Industrial Solutions category, Axalta Irus Mix clinched silver, distinguished as the first fully automated paint mixing system designed for body shops. This innovation not only promises remarkable efficiency through hands-free operation but also champions sustainability with its use of recycled plastic materials and waste-reducing dosing lids. The result is a leap forward in combining profitability with environmental stewardship for refinishing operations.
Another silver was awarded to Axalta’s Voltatex® 7345 A ECO Wire Enamel within the Coatings and Manufacturing category. This product represents a significant stride towards safer and more sustainable electrical components. By eliminating cresol and lowering hazard levels in insulating varnish for magnet wires, it paves the way for safer manufacturing environments and contributes to the burgeoning electrification across various sectors, all while reducing the carbon footprint.
Bronze for Sustainable Coating System
The bronze award recognized Axalta’s pioneering Low Carbon Footprint Sustainable Coating System, incorporating Hyperdur® Primer and Chromadyne® Colorcoat. This system stands out for its ability to cut energy consumption by up to 21% and CO2 emissions by 5%, equating to 17 Kg less per unit produced. It exemplifies how innovation can facilitate manufacturing agility without compromising on quality or environmental goals.
Dr. Robert Roop, Chief Technology Officer at Axalta, expressed pride in the recognition, emphasizing the company’s dedication to pushing the boundaries of what’s possible in surface solutions for a better and more sustainable future.
Implications and Future Directions
Axalta’s achievements in the Edison Awards™ spotlight the critical role of innovation in driving not only business success but also in addressing broader societal challenges such as environmental sustainability and workplace safety. These accolades not only reinforce Axalta’s position as a leader in the coatings industry but also hint at the evolving expectations and standards within the sector and beyond.
By focusing on solutions that offer enhanced efficiency, safety, and ecological benefits, Axalta sets a benchmark for future developments in the industry. Their continued recognition at the Edison Awards™ signals the company’s commitment to innovation that meets the needs of customers while contributing positively to global sustainability efforts. Moving forward, Axalta’s example may inspire further advancements across industries, highlighting the importance of innovation in tackling some of today’s most pressing challenges.
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