Ohio Patent of the Month – May 2022
Latex is the preferred paint for architectural services because it offers lower toxicity and lower volatile organic compound (VOC) content than other options. The key downfall to latex is its poor stain resistance. While they are known to stain easily, they are also known to not be easily washed. As such, despite being the preferred paint choice, they have largely been limited to ceilings or low traffic areas. SwimC, LLC has formulated a latex paint that is still low toxicity but now also washable.
This formulation is accomplished using latex polymers which balance the acid content and molecular weight to increase washability and stain resistance. Creating an alkali-soluble polymer stabilizes the composition while increasing stain resistance. Additional additives can be used to increase scrub resistance so that the paint can be washed without scratching. The formulation maintains its low toxicity and low VOC content while improving the usability in any household.
Are you developing new technology for an existing application? Did you know your development work could be eligible for the R&D Tax Credit and you can receive up to 14% back on your expenses? Even if your development isn’t successful your work may still qualify for R&D credits (i.e. you don’t need to have a patent to qualify). To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.
Who We Are:
Swanson Reed is one of the U.S.’ largest Specialist R&D tax advisory firms. We manage all facets of the R&D tax credit program, from claim preparation and audit compliance to claim disputes.
Swanson Reed regularly hosts free webinars and provides free IRS CE and CPE credits for CPAs. For more information please visit us at www.swansonreed.com/webinars or contact your usual Swanson Reed representative.