Accsys Technologies PLC
03 November 2005
3 November 2005 AIM: AXS
Ground-breaking research sets new standard for wood maintenance
as Accoya gets the thumbs up from Akzo Nobel.
Accsys Technologies PLC ('Accsys' or 'the Company') reports that Akzo Nobel
Decorative Coatings' subsidiary, Sikkens Joinery (Netherlands), has announced
ground-breaking results of a 10 year collaborative research programme which
shows that Accoya, the 'new wood species' developed by Accsys' wholly owned
subsidiary, Titan Wood, can last ten years or longer without the need for
repainting. The development of extended maintenance-free periods will
contribute significantly to the protection of rainforests by offering a highly
durable, non-toxic and environmentally friendly alternative to tropical
hardwoods.
The joint initiative between Titan Wood BV (www.titanwood.com) and Sikkens
Joinery, a leading provider of high quality paint systems, shows that Accoya
could set new standards for the wood industry by significantly reducing the cost
and therefore the environmental impact of maintaining products such as windows,
doors and cladding.
Accoya is made using a process which effectively converts softwoods and
non-durable hardwoods into an environmentally compatible 'new wood species'.
Accoya's exceptional performance is achieved solely by increasing the presence
of 'acetyl' in the wood - this molecule is naturally present in every wood
species, meaning that Accoya is completely non-toxic. Accoya is distinguished
by its durability, stability and, perhaps most importantly of all, its
reliability. With performance attributes similar to or better than the best
tropical hardwoods and superior to many artificial material alternatives, Accoya
is particularly suitable for outdoor use.
Commenting on the research Edward Pratt, CEO of Accsys, said: 'Accoya(TM) is
poised to fill a gap in a market that's looking for a high performance, reliable
alternative to tropical hardwoods and other materials. The combination of
Accoya and Sikkens' quality coatings makes Accoya(TM) even more attractive and
we're extremely encouraged by these results.'
Franck van Hooff, General Manager Sikkens Joinery Benelux, added: 'Accoya's
development fits well with Sikkens' LongLifeTM concept of Joinery. In fact,
customers are now asking us for maintenance-free periods of up to 10 years and
the combination of Accoya and our coatings systems will make that possible for
the first time. A further great advantage is that Accoya is produced from fast
growing timbers from plantations, available in large quantities in Europe and
other parts of the world. The felling of tropical timbers in rainforests to
produce items such as highly durable window sills will become redundant as
environmentally friendly alternatives like these become available. This fits
very well into our Corporate Social Responsibility strategy.'
Accsys' Directors believe that wood acetylation will form the Company's focus in
the short to medium term with the business plan forecasting strong growth in the
next few years. Accsys operates a large-scale pilot plant in Arnhem, the
Netherlands. This plant is presently being used to supply test material to
customers and potential licensees across the world. A full scale plant
currently under construction is scheduled to go into production in Summer 2006.
ENDS
For further information, please contact:
Accsys Technologies PLC William Paterson-Brown, +44 (0) 20 7598 4040
Executive Chairman
www.accsysplc.com
Collins Stewart Limited Andrew Smith / Martin Eales +44 (0) 20 7523 8000
Parkgreen Communications Justine Howarth / Ana Ribeiro +44 (0) 20 7493 3713
Notes to Editors
Accsys Technologies - Accsys owns the rights to a number of processes, including
high temperature cracking and cellulose modification. These other proprietary
technologies are the responsibility of its International Chemical Company (ICC)
subsidiary. Accsys' core technologies have either existing patent protection or
pending patent applications. Accsys is focusing its energies on the launch of
its Titan Wood business: once this business has been established, the Directors
intend to pursue other technologies within its portfolio.
Sikkens Joinery (Netherlands) - Sikkens Joinery (Netherlands) is a subsidiary of
Akzo Nobel and provides coating systems for the professional painter which bring
innovation, technical excellence, premium quality and high performance to
architects, specifiers and interior designers for new and maintenance
applications.
Wood Acetylation - Wood acetylation is a process which increases the amount of '
acetyl' molecules in wood, thereby changing its physical properties. The
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.
This information is provided by RNS
The company news service from the London Stock Exchange
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