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Titanium a ground floor chance for NZ business
Titanium a ground floor chance for NZ business
By Peter Kerr for sticK
(sticK - 4/10/10) - Titanium, and titanium alloy powders, are a relatively new product and a means for New Zealand companies to get in on the ground floor of a new industry according to Ian Macrae.
The Tauranga businessman, director of Ti powder maker Titanox and chairman of the Titanium Industry Development Association’s (TiDA) research and development centre at Bay of Plenty Polytechnic’s Windemere campus, says there’s the potential to grow a billion dollar Ti industry in 10 years.
Macrae has been involved in Titanium research for the past 12 years from an initial 12 week project, much of the R&D centred on Waikato University. To date the government has stumped up about $8m in Ti research.
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For sticK – science, technology, innovation & commercialisation KNOWLEDGE - is a new Wellington based news service concentrating on following the money from ideas to income. Contact editor Peter Kerr at peter.kerr055 @ gmail.com
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