Chemical Safety Measures Market Background
Chemical is a substance that is composed of a particular set of molecules or ions. Two or more elements combined into one substance through a chemical for a chemical compound. Chemical compounds are the basis for products we use in our everyday life. pesticides, specialty polymers, electronic chemicals, surfactants, construction chemicals, Industrial Cleaners, flavors, fragrances, specialty coatings, printing inks, water-soluble polymers, additives, paper, oil field chemicals, plastic adhesives, adhesives, sealants, cosmetic chemicals, water management chemicals, catalysts, textile chemicals, electronic chemicals, industrial gases, adhesives, sealants as well as coatings, industrial, institutional cleaning chemicals, catalysts, Paints, Coating, Surface Treatments, Advanced Polymer, Adhesives and Sealants, additives, pigments, inks, protection chemicals, herbicides, insecticides, fungicides. synthetic, rubber, surfactants, pigments, turpentine, resins, carbon black, explosives, rubber pharmaceuticals, diagnostics, animal health products, and vitamins as examples are all derivatives from chemicals.
Incorrect control of a chemical substance is a serious issue for many customers, warehouse and distribution locations.
Identify Market Problem
The market issue is massive, from chemical production, supply chain control, distribution locations to even our food supply chain, significant risk exists today.
Example: BASF discusses the serious problem for agrochemicals in the food chain
See article link below:
Counterfeit and illegal products pose significant risks to:
Crops damaged and health impacted due to exposure to unknown or banned chemicals
Contaminate ground water and soil and can damage beneficial organisms
Contaminate can enter the food chain
Incorrect control of a chemical substance or counterfeit chemicals and incorrectly mixed compounds can yield a serious issue for many customers, warehouse and distribution locations.
Real world legal issue in this market
Chemicals fertilizers, pesticides, lubricants are safe when they are verified as authentic. For example, counterfeit fertilizers or pesticides can not only damage crop seeds, but may also be hazardous to the user due to high levels of toxic substances.
As an example, the chemicals used in make-up were found to contain dangerous levels of lead, mercury and cyanide.
See article below:
Expertise in this market
An article in CNN Money speaks about how “counterfeit goods is booming, and it's shifting from relatively innocuous items like shoes and handbags to things like medicine and pesticides that can carry serious health and safety implications”.
A clear solution offered by Lepton-id is its track and trace with invisible bar codes that can be cloud based. The invisible bar code is a covert solution that also has the ability to verify by forensic authentication.
Case Study—Product Divergence
Divergent chemical compounds and counterfeit product. The original product is shipped to multiple regions of the world. The counterfeiters then re-packed the original compounds and simultaneously reducing its concentration and mixing it with other substances that may or may not be toxic. The sophisticated counterfeiters were able to reproduce a new package or label with the appropriate marking for a different region of the world and resell the substance there.
We offer many different solutions for this type of counterfeit. Our solutions range from an invisible 2D bar code with track and trace capability to know who is selling the divert product to secure holographic labels that are tamper evident with embedded taggant. If the would-be counterfeiter opens the seal with the tamper evident sticker, they will have to develop an identical replacement, but we have added a secure forensic taggant that they will not be able to copy.