Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksAccsys Tech Regulatory News (AXS)

Share Price Information for Accsys Tech (AXS)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 57.60
Bid: 57.20
Ask: 59.00
Change: -1.10 (-1.87%)
Spread: 1.80 (3.147%)
Open: 58.00
High: 58.00
Low: 57.00
Prev. Close: 58.70
AXS Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Distribution agreement

26 Feb 2009 07:00

RNS Number : 8999N
Accsys Technologies PLC
26 February 2009
 

AIM: AXS

NYSE Euronext Amsterdam: AXS

Accsys Technologies PLC

Accsys Increases European Presence - Acasolv to Distribute ACCOYA® Wood

Accsys Technologies PLC ("Accsys" or "the Company") announces that Titan Wood B.V. ("Titan Wood"), its wholly-owned subsidiary, has entered into an agreement with Acasolv ("Acasolv") for the 

distribution of Accoya® wood in Switzerland

Accoya® wood, a modified wood which is produced only from source-certified sustainable resources, offers outstanding durability, dimensional stability, and reliability. It is non-toxic and produced using an environmentally responsible process

 

Acasolv, located in Neuenkirch near Lucerne, is a major supplier in the Swiss market and is currently active in the trading of wood species which are particularly suited to exterior applicationsAcasolv is especially skilled at supplying both raw and machined lumber into end uses such as decking, stairs, garden furniture, cladding, fences and children's playgrounds. Acasolv seeks to offer its customers environmentally sound products which can be used as an alternative to impregnated wood and tropical hardwoods.

Jos SchnyderOwner of Acasolv, said, "Accoya® wood, with its strong environmental credentials and top-notch durability is perfectly suited to applications in demanding settings. As a company that requires top-notch performance, but also seeks to source products which are sustainable, we believe that Accoya® represents the perfect material."

Finlay MorrisonChief Executive Officer of Accsys Technologies, added, "Acasolv has long been viewed as a pioneer of sustainable sourcing in the Swiss wood products industry. As a result, Titan Wood is pleased to partner with Acasolv for the distribution of our high performance, low maintenance, sustainable, and competitively priced Accoya® wood. Together we will be able to introduce Accoya® wood into new applications and end-uses once thought impossible for wood."

-Ends-

For further information, please contact:

Accsys Technologies PLC

Starla Middlebrooks Global PR Manager

+44 20 8150 8835

Collins Stewart Europe Limited

Acasolv 

Hugh Field

Jos Schnyder

+44 20 7523 8000

+41 079 783 1648

Parkgreen Communications

 

Leah Kramer/ Paul McManus

leah.kramer@parkgreenmedia.com

paul.mcmanus@parkgreenmedia.com

+44 20 7933 8780

+44 7793 244 055

+44 7980 541 893

Citigate First Financial B.V.

Wouter van de Putte / Laurens Goverse 

+ 31 20 575 4080

Notes to Editors:

Acasolv (www.acasolv.ch) is a supplier of a wide range of top-quality solid lumber, including Acacia woodAcasolv launched its business with a focus on supplying raw lumber, but quickly diversified their interests and soon became a market leader in finished lumber for use in applications such as decking, fencing, and wooden play structures. Acasolv works directly with manufactures to deliver wood sourced from environmentally responsible resources. 

Accsys Technologies PLC (www.accsysplc.comis an environmental science and technology company whose primary focus is on the production of Accoya® wood and technology licensing via its 100% owned subsidiary, Titan Wood (www.titanwood.com), which has manufacturing operations in Arnhem, the Netherlands, a European office in London, and an Americas office in Dallas, Texas. Accsys, headquartered in London, has operations which comprise three principal business units: (i) the Accoya® wood production facility located in Arnhem, The Netherlands; (ii) technology development, focused on a programme of continuous improvements to the process engineering and operating protocols for the acetylation of wood which are currently under development and the development of technology for the acetylation of wood fibre; and (iii) the licensing of technology for the production of Accoya® wood across the globe.

Accoya® Wood (www.accoya.infois produced by using a patents-pending non-toxic process that effectively converts sustainably grown softwoods and non-durable hardwoods into what is best described as a "new wood species" via acetylation. Distinguished by its durability, dimensional stability and, perhaps most importantly of all, its reliability (in terms of consistency of both supply and quality), Accoya® wood is particularly suited to exterior applications where performance and appearance are valued. Unlike most woods, its colour does not degrade when exposed to sunlight. Moreover, the Accoya® wood production process does not compromise the wood's strength or machinability. The combination of UV resistance, dimensional stability, increased coatings life, durability and retained strength means that Accoya® wood offers a wealth of new opportunities to architects, designers and specifiers. Leading applications include external doors and windows, shutters/shading, siding and cladding, decking, outdoor furniture/equipment and glulam beams for structural use. 

Wood Acetylation is a process, which increases the amount of 'acetyl' molecules in wood, thereby changing its physical properties. The environmentally responsible process protects wood from rot by making it "inedible" to most micro-organisms and insects, without - unlike conventional treatments - making it toxic. It also greatly reduces the wood's tendency to swell and shrink, making it less prone to cracking and ensuring that when painted it requires dramatically reduced maintenance. Acetylated wood's increased durability offers major carbon sequestration advantages, compared to others woods and especially typical man-made building materials.

ACCOYA and the Trimarque Device are registered trademarks owned by Titan Wood Limited and 

may not be used or reproduced without written permission

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCUVSWRKSRUUAR
Date   Source Headline
18th Sep 20187:00 amRNSAGM Statement
14th Aug 20187:00 amRNSNotifiable Interest - BGF
8th Aug 20182:15 pmRNSNotice of Annual General Meeting
2nd Aug 20187:00 amRNSCompletion of finance for Purchase of Land
30th Jul 20184:41 pmRNSTotal Voting Rights
25th Jul 20184:58 pmRNSNotifiable Interest - Teslin Participaties
25th Jul 20184:51 pmRNSHolding(s) in Company
19th Jul 20187:00 amRNSNotifiable Interest - Teslin Participaties
18th Jul 20187:08 amRNSVP Participaties BV Issue of Shares
29th Jun 20184:25 pmRNSTotal Voting Rights
19th Jun 20185:00 pmRNSDirectors Interest EBT LTIP
19th Jun 20187:00 amRNSPreliminary Announcement
2nd May 20187:00 amRNSTrading Update Year Ending March 2018
1st May 20187:00 amRNSPurchase of Arnhem land and buildings
18th Apr 201810:21 amRNSNotifiable Interest - Teslin Participaties
3rd Apr 20187:00 amRNSNotifiable Interest - Teslin Participaties
16th Mar 20187:00 amRNSTricoya® licence agreement completed with FINSA
28th Feb 20182:20 pmRNSTotal Voting Rights
23rd Feb 20183:05 pmRNSIssue of Equity
6th Feb 20187:00 amRNSBoard Appointment
4th Jan 20184:01 pmRNSNotifiable Interest - Royal Bank of Canada
20th Dec 20172:23 pmRNSNotifiable Interest - Teslin
13th Dec 201710:52 amRNSNotifiable Interest - Decico
24th Nov 20179:34 amRNSNotifiable Interest - Decico
22nd Nov 20177:00 amRNSInterim Results for period ending 30 September 17
18th Oct 20171:18 pmRNSNotifiable Interest - Decico BV
12th Oct 20178:34 amRNSNotifiable Interest - Ineos
29th Sep 20174:00 pmRNSTotal Voting Rights
22nd Sep 20174:20 pmRNSDirectors Interest EBT LTIP
21st Sep 20175:09 pmRNSAGM Proxy Results
21st Sep 20177:00 amRNSAGM Statement
5th Sep 20172:36 pmRNSNotifiable Interest - Teslin
17th Aug 20175:11 pmRNSAGM Notification
18th Jul 20174:12 pmRNSNotifiable Interest - Teslin Participaties
12th Jul 20175:28 pmRNSEmployee Benefit Trust and Directors Interests
7th Jul 20177:00 amRNSNotifiable Interest - Todlin
6th Jul 20176:33 pmRNSNotifiable Interest - Teslin Participaties
30th Jun 201710:13 amRNSTotal Voting Rights
20th Jun 20174:28 pmRNS20170620 - Directors Interest EBT LTIP
20th Jun 20177:00 amRNSPreliminary Results
27th Apr 20175:19 pmRNSNotifiable Interest - Ineos Industries Holdings
27th Apr 20175:17 pmRNSNotifiable Interest - OP Group Central Cooperative
26th Apr 20171:32 pmRNSNotifiable Interest - OP Group Central Cooperation
26th Apr 20179:56 amRNSNotifiable Interest - FIL
25th Apr 20172:01 pmRNSNotifiable Interest - Todlin N.V.
24th Apr 20175:59 pmRNSDirector Dealings
24th Apr 20177:45 amRNSTotal Voting Rights
24th Apr 20177:00 amRNSTrading Update
21st Apr 201711:52 amRNSSuccessful Result of Firm Placing, Open offer & GM
29th Mar 20177:02 amRNSTricoya® Project, funding and equity raise

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.