Corning Incorporated (NYSE: GLW) and Nippon Paint China (Nippon
Paint) today announced the commercial launch of Nippon Paint’s
first antiviral kid’s paint in China. The paint, which Nippon
Paint calls Nippon Kid's Odour-Less All In One Interior Emulsion
Paint-Anti Bacteria Plus (Nippon Kid’s Paint), formulated for use
in spaces where children spend the most time, contains Corning
Guardiant™, a novel antimicrobial paint additive. Corning Guardiant
contains the most bioactive form of copper (cuprous ions, Cu+1)
encased in a special glass-ceramic powder that enables its
controlled release for killing germs.
Last month, Corning announced breakthrough test results
demonstrating paints formulated with Corning Guardiant showed 99.9%
kill of the SARS-CoV-2 virus on the coated surfaces in less than
two hours. Surfaces coated with Nippon Kid’s Paint also showed
greater than 99.9% kill of the SARS-CoV-2 virus. These tests were
conducted using rigorous test protocols approved by the U.S.
Environmental Protection Agency (EPA).
Results on the SARS-CoV-2 virus were obtained using test methods
that simulate invisible contamination on dry surfaces. Coatings
containing additives such as silver and zinc pass traditional “wet”
contamination test methods, but do not perform well under more
realistic dry test conditions. Nippon Kid’s Paint demonstrates
effectiveness under both wet and dry test conditions. The paint
also shows >99.9% kill against gram positive bacteria such as
Staphylocccus aureus, Gram negative bacteria such as Pseudomonas
aeruginosa, and small non-enveloped viruses such as Feline
calicivirus (FCV) on the coated surfaces under dry test conditions.
The ability to kill a broad spectrum of germs including small,
non-enveloped viruses, the hardest-to-kill category of viruses
based on their susceptibility to disinfectants, is a key value
proposition of paint coatings containing Guardiant.
“Technology innovation is the core of our sustainable
development and the cornerstone of our collaboration with Corning.
Adopting Corning’s latest copper ion antimicrobial technology –
Corning GuardiantTM, Nippon Kid’s Paint can effectively and
efficiently kill a variety of viruses and bacteria. As the demand
for antiviral heats up, we believe that science and technology will
create more value for consumers and enable future paints that offer
both beautiful and healthy surroundings,” said Eric Chung,
president of Nippon Paint China.
This announcement adds another milestone in Corning’s
relationship with Nippon Paint. Earlier this year, before the
antiviral paint product was commercially available, the two
companies joined to donate Nippon Kid’s Paint to four Chinese
hospitals with surface space spanning a total area of 120,000
square meters.
“In this current global health crisis, we’ve never been more
aware of the bacteria and viruses that live on surfaces all around
us,” said Joydeep Lahiri, division vice president and program
director, Specialty Surfaces, Corning. “The recent test
results demonstrate the effectiveness of a range of paint
formulations with Corning Guardiant. We are excited to see Nippon
Paint bring this important paint innovation to the market in China
and other global locations.”
Corning is working with many manufacturers around the world on
paint products formulated with Corning Guardiant. Prior to making
claims against harmful germs such as SARS-CoV-2, finished products
incorporating Guardiant may require registration or certification
by one or more government authorities.
For additional information, videos, and images about Corning
Guardiant, please visit our resource center.
Caution Concerning Forward-Looking
Statements
This press release contains “forward-looking statements” (within
the meaning of the Private Securities Litigation Reform Act of
1995), which are based on current expectations and assumptions
about Corning’s financial results and business operations, that
involve substantial risks and uncertainties that could cause actual
results to differ materially. These risks and uncertainties
include: the duration and severity of the recent COVID-19
(coronavirus) outbreak, and its ultimate impact across our
businesses on demand, operations and our global supply chains; the
effects of acquisitions, dispositions and other similar
transactions by the Company, the effect of global business,
financial, economic and political conditions; tariffs and import
duties; currency fluctuations between the U.S. dollar and other
currencies, primarily the Japanese yen, New Taiwan dollar, euro,
Chinese yuan, and South Korean won; product demand and industry
capacity; competitive products and pricing; availability and costs
of critical components and materials; new product development and
commercialization; order activity and demand from major customers;
the amount and timing of our cash flows and earnings and other
conditions, which may affect our ability to pay our quarterly
dividend at the planned level or to repurchase shares at planned
levels; possible disruption in commercial activities due to
terrorist activity, cyber-attack, armed conflict, political or
financial instability, natural disasters, or major health concerns;
unanticipated disruption to equipment, facilities, IT systems or
operations; effect of regulatory and legal developments; ability to
pace capital spending to anticipated levels of customer demand;
rate of technology change; ability to enforce patents and protect
intellectual property and trade secrets; adverse litigation;
product and components performance issues; retention of key
personnel; customer ability, most notably in the Display
Technologies segment, to maintain profitable operations and obtain
financing to fund their ongoing operations and manufacturing
expansions and pay their receivables when due; loss of significant
customers; changes in tax laws and regulations including the Tax
Cuts and Jobs Act of 2017; and the potential impact of legislation,
government regulations, and other government action and
investigations.
For a complete listing of risks and other factors, please
reference the risk factors and forward-looking statements described
in our annual reports on Form 10-K and quarterly reports on Form
10-Q. Forward-looking statements speak only as of the day that they
are made, and Corning undertakes no obligation to update them in
light of new information or future events.
Web Disclosure
In accordance with guidance provided by the SEC regarding the
use of company websites and social media channels to disclose
material information, Corning Incorporated (“Corning”) wishes to
notify investors, media, and other interested parties that it uses
its website
(http://www.corning.com/worldwide/en/about-us/news-events.html) to
publish important information about the company, including
information that may be deemed material to investors, or
supplemental to information contained in this or other press
releases. The list of websites and social media channels that the
company uses may be updated on Corning’s media and website from
time to time. Corning encourages investors, media, and other
interested parties to review the information Corning may publish
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in addition to the company’s SEC filings, press releases,
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About Corning Incorporated
Corning (www.corning.com) is one of the world's leading
innovators in materials science, with a 169-year track record of
life-changing inventions. Corning applies its unparalleled
expertise in glass science, ceramic science, and optical physics
along with its deep manufacturing and engineering capabilities to
develop category-defining products that transform industries and
enhance people's lives. Corning succeeds through sustained
investment in RD&E, a unique combination of material and
process innovation, and deep, trust-based relationships with
customers who are global leaders in their industries. Corning's
capabilities are versatile and synergistic, which allows the
company to evolve to meet changing market needs, while also helping
our customers capture new opportunities in dynamic industries.
Today, Corning's markets include optical communications, mobile
consumer electronics, display, automotive, and life sciences.
Media Relations Contacts: Pamela W.
Porter
(607)
974-9980
porterpw@corning.com
Gabrielle R. Bailey(607) 974-6394baileygr@corning.com
Investor Relations Contact: Ann H.S. Nicholson
(607) 974-6716 nicholsoas@corning.com
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