 |
 |
|
|
|
 |
|
|
Arclin Completes Financial Restructuring MISSISSAUGA, Ontario – January 15, 2010 – Arclin, a privately held provider of bonding and surfacing solutions, today announced that it has successfully completed its financial restructuring and emerged from protection under Chapter 11 of the United States Bankruptcy Code and the Companies' Creditors Arrangement Act (“CCAA”) in Canada. Claudio D’Ambrosio, Arclin’s President and Chief Executive Officer, said, “Today marks the successful completion of our financial restructuring and the start of a new chapter for our company. We are pleased to emerge from this process with one of the strongest balance sheets in our industry and enhanced financial flexibility, better positioned than ever to provide our customers with the product quality, innovation and service they have come to expect from Arclin. We sincerely appreciate the support of our employees, customers, suppliers and other stakeholders throughout this process and we are excited to move forward as a financially stronger company.” Arclin has met all closing conditions of its Plan of Reorganization and Plan of Arrangement. As previously announced, Arclin’s Plan of Reorganization was confirmed by the United States Bankruptcy Court for the District of Delaware on December 8, 2009, and Arclin’s Plan of Arrangement was approved by the Ontario Superior Court of Justice on December 11, 2009. Arclin’s funded indebtedness has been reduced from US$234 million to US$60 million. Affiliates of Black Diamond Capital Management, L.L.C. and Silver Point Capital, L.P., the Company’s lenders, have exchanged debt for equity and are now majority owners of the Company. Additionally, the Company has obtained a revolving line of credit facility for US$25 million with Bank of America. Arclin will continue to further enhance its position as an innovative supplier and its commitment to environmental stewardship. Mr. D’Ambrosio added, “Our commitment to exceeding our customers’ needs with innovative and sustainable solutions has never been stronger. In parallel with the financial restructuring process, we have made important operational enhancements. In particular, we have brought our two remaining overlays facilities under our FSC Chain of Custody certification, making the majority of Arclin’s industrial and decorative overlay products Chain of Custody certified to a variety of industries. We have also introduced E-Natural™ and E-Sorb™, low/zero emitting wood panel binding systems that will give our customers the ability to target specific green markets and provide architects and design specifiers the ability to control emissions for a given project. We believe these strategic product developments, coupled with our strong balance sheet, position Arclin well for 2010 and beyond. About Arclin About Black Diamond Capital Management, L.L.C. Contact Arclin Receives Approval Of Restructuring From Canadian And U.S. Courts Company Expects to Complete Financial Restructuring in Early January MISSISSAUGA, Ontario – December 11, 2009 – Arclin, a privately held provider of bonding and surfacing solutions, today announced that its Plan of Arrangement, which was filed by Arclin’s Canadian entities, was approved by the Ontario Superior Court of Justice. In addition, the United States Bankruptcy Court for the District of Delaware confirmed Arclin’s Plan of Reorganization on December 8, 2009. The Company expects to complete its financial restructuring in early January 2010. Claudio D’Ambrosio, Arclin’s President and Chief Executive Officer, said, “Court approval in both Canada and the U.S. is the last major step for Arclin in what has been a very fast and efficient restructuring process. Throughout this period we have continued to develop new and innovative solutions to serve our customers while enhancing our commitment to environmental sustainability. We are poised to emerge with increased financial flexibility and a significantly improved capital structure. We are grateful for the unwavering support of our employees, customers, suppliers and other stakeholders, and we look forward to achieving renewed growth and enhanced profitability.” Under the plans approved by the Canadian and U.S. courts, Arclin’s funded indebtedness will be reduced from US$234 million to US$60 million. Affiliates of Black Diamond Capital Management, L.L.C. and Silver Point Capital, L.P., the Company’s lenders, will become the majority owners of the Company through an exchange of debt for equity. About Arclin Based in Mississauga, Ontario, Arclin is a leading provider of innovative bonding and surfacing solutions for the building and construction, engineered materials and natural resource markets. Arclin provides bonding solutions for a number of applications including wood based panels, engineered wood, non-wovens and paper impregnation. As a world leader in paper overlays technology, Arclin provides high value surfacing solutions for decorative panels, building products and industrial specialty applications for North American and export markets. Contacts
Arclin Announces the Addition of its Portland, OR and Hayward, WI Facilities to its FSC Chain of Custody Certification MISSISSAUGA, Ontario – November 6, 2009 –Arclin, a leading provider of bonding, surfacing and related products for today’s engineered building, industrial materials and natural resources markets recently announced that their Portland, OR and Hayward, WI Surfaces facilities have been added to its FSC Chain of Custody Certification. The Certification now covers all of Arclin’s Surfaces facilities including Tacoma, WA which received its certification in 2008. “We are excited about this accomplishment”, said Bjorn Wahl, SVP Building and Construction for Arclin. “This verifies that we have the systems and processes in place to ensure FSC certified paper coming to
us as raw material can make it to our customers as FSC Chain of Custody Certified paper overlays. We
are also proud that our Tacoma operation was the first decorative saturating facility to reach this
milestone in becoming a more sustainable operation.” Arclin’s FSC Chain of Custody Certified overlays will fall under its proprietary E-Gen™ designation as a
more environmentally friendly and sustainable product. Approximately 85% of Arclin’s overlay products
will be available through the chain of custody for application in a variety of industries utilizing both
decorative and industrial overlays. In the case of decorative products, FSC certification can be combined
with GREENGUARD for Children and Schools® certification, and a LEED compliant resin system for an
even greener product. For more information on how Arclin can help meet your green product needs, About Arclin Kevin Griffin Arclin announces E-Natural™ and E-Sorb™, the most advanced low and zero emitting binders for composite wood panels. MISSISSAUGA, Ontario – November 6, 2009 – Arclin, a privately held provider of bonding and surfacing solutions, today announced that it has filed a Plan of Reorganization (the “Plan”) with the United States Bankruptcy Court for the District of Delaware (the “Court”). The Company intends to seek confirmation of the Plan at a confirmation hearing before the end of the year. Arclin, a leading provider of bonding, surfacing and related products for today’s engineered building, industrial materials and natural resources markets announced the addition of two new product lines of binders for wood panels designed to meet the most stringent emission requirements for composite wood panels. Arclin’s E-GenTM designated family of wood binder systems has been expanded to include E-NaturalTM ultra low-emitting systems and E-SorbTM zero-emitting systems. E-Natural TM binders are designed to meet the lowest emission performance standards in the world. These systems are ideally suited for California’s “Ultra Low Emitting Formaldehyde (ULEF)” applications as they emit at or below naturally occurring levels while maintaining performance characteristics. E-SorbTM zero-emitting binders are the best-in-class ULEFs. Their inherent scavenging ability negates even naturally occurring emissions, making them an exceptional option for sensitive building environments as well as helping panel manufacturers control emissions when large amounts of reclaimed or urban wood are introduced into their raw material stream. “These systems will allow our customers to target specific green markets, such as qualifying for LEED requirements”, says Dennis Gardiner, Business Manager Composite Resins for Arclin. “They will also give architects, designers and specifiers the confidence that they can control the emission level for a given project by requesting the appropriate E-Gen designated system for their job.” For more information on how Arclin can help meet your green product needs, please contact Kevin Griffin at (919)-542-2526 ext. 3020 or or visit www.arclin.com or www.e-gen.com. About Arclin Kevin Griffin Arclin Files Plan of Reorganization in U.S. Court Filing Represents Significant Milestone in Restructuring Process MISSISSAUGA, Ontario – September 22, 2009 – Arclin, a privately held provider of bonding and surfacing solutions, today announced that it has filed a Plan of Reorganization (the “Plan”) with the United States Bankruptcy Court for the District of Delaware (the “Court”). The Company intends to seek confirmation of the Plan at a confirmation hearing before the end of the year. Arclin’s Plan has broad support from the Company’s first and second lien lenders. Under the terms of the Plan, Arclin’s funded indebtedness will be reduced from US$234 million to US$60 million. Claudio D’Ambrosio, Arclin’s President and Chief Executive Officer, said, “The filing of our Plan is a significant step toward completing the restructuring process and emerging as a stronger, healthier company, better able to compete and achieve long-term success. We have worked diligently to strengthen our balance sheet and enhance our financial flexibility, and we are pleased with our substantial progress. We are confident that this process will position us for continued profitable growth." Mr. D’Ambrosio added, "I want to thank our employees for their continued hard work and dedication throughout this process, as well as our loyal customers, supportive suppliers and other stakeholders, all of whom played a significant role in helping us reach this important milestone.” Upon confirmation of the Plan, affiliates of Black Diamond Capital Management, L.L.C. and Silver Point Capital, L.P. will become the majority owners of the Company through an exchange of debt for equity. Black Diamond’s affiliates and Silver Point have been lenders to the Company since 2007. The Plan is subject to confirmation by the U.S. Court and is also subject to approval of a plan of arrangement, which will be filed by the Canadian Arclin entities in Canada. This release is not intended as a solicitation for a vote on the Plan. Additional information about Arclin’s financial restructuring is available via the Company’s toll-free Restructuring Information Hotline at (866) 967-1787 in the U.S. or at (888) 802-3216 in Canada. In addition, Court documents and other updates are available at websites that have been set up by Arclin’s Court appointed Monitor in Canada and by the Company’s Claims Agent in the U.S. (www.ey.com/ca/arclin and www.kccllc.net/arclin). About Arclin
“Historically this location has been permitted at a 90% process air cleaning efficiency level but our commitment to continuous improvement forces us to challenge that” says Bill DeWitt, Director Strategy Deployment. “During recent maintenance events, we were able to take advantage of new technological upgrades that have allowed us to re-permit for a new Title V Air Operating Permit at 97% air cleaning efficiency. This improved efficiency will result in a reduction of up to 250 tons of VOC emissions per year. That is something our team is very proud of”. “Arclin is committed to being a more sustainable company and improvements such as this are proof of that”, adds Bill McLean, West Coast Operations Manager. “We routinely apply Six Sigma principles to improve both manufacturing and business practices at our Surfaces operations and we are in the process of expanding its use to the rest of our organization”. Arclin is committed to acting responsibly by improving the environmental, health and safety efficiencies of all our operations while also expanding our E-Gen™ family of environmentally sound and certified green products . Please contact Kevin Griffin at (919)-542-2526 ext. 3020 for any questions about Arclin, our Portland facility or our E-Gen™ range of environmentally friendly products. About Arclin Arclin Comments on Approvals From U.S. and Canadian Courts Customer Supply to Continue Uninterrupted Obtains Interim Approval of US$15 Million of Financing Company Authorized to Continue Payment of Employee Wages, Salaries and Benefits MISSISSAUGA, Ontario – July 29, 2009 – Arclin, a privately held provider of bonding and surfacing solutions, today announced that its U.S. companies, which filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code, received approval from the United States Bankruptcy Court for the District of Delaware on all “first day” motions. As previously announced, Arclin’s Canadian companies made a filing with the Ontario Superior Court of Justice and have obtained an Initial Order authorizing Arclin to reorganize under the Companies’ Creditors Arrangement Act (“CCAA”), which provides certain protections from creditors and restructuring powers. The approvals by the U.S. and Canadian courts allow Arclin to continue to support its customers, suppliers and employees during the restructuring process. The Courts granted Arclin interim approval to access $15 million of its US$25 million in financing. This new financing and cash generated from the Company’s ongoing operations will be used to support the business during the restructuring process. The Company also received approval to, among other things, pay employee wages, salaries, benefits and certain other employee obligations. Additionally, the Company is authorized to pay ordinary course post-petition expenses and will continue to serve its customers in the ordinary course. Claudio D’Ambrosio, Arclin’s President and Chief Executive Officer, said, “These important approvals represent a positive step forward in our financial restructuring. We are pleased with our early progress as we work to gain financial flexibility to create a stronger, healthier company, better able to compete and achieve long-term success.” As previously announced, Arclin and certain of its key senior lenders have reached an agreement in principle on the terms of a financial restructuring to strengthen the Company’s balance sheet and enhance its financial flexibility. Under terms of the agreement, Arclin’s funded indebtedness will be reduced from US$234 million to US$60 million. A post-petition financing facility of US$25 million is also part of the financial restructuring. In order to facilitate its financial restructuring, Arclin’s U.S. companies filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code and Arclin’s Canadian companies filed to reorganize under the CCAA. Arclin’s subsidiaries in Mexico are not included in the filings and will not be subject to the requirements of the United States Bankruptcy Code or the CCAA. Additional information about Arclin’s financial restructuring is available via the Company’s toll-free Restructuring Information Hotline at (866) 967-1787 in the U.S. or at (888) 802-3216 in Canada. In addition, Court documents and other updates are available at websites that have been set up by Arclin’s Court appointed Monitor in Canada and by the Company’s Claims Agent in the U.S. (www.ey.com/ca/arclin and www.kccllc.net/arclin) About Arclin Contacts
Arclin Reaches Agreement In Principle With
Key Lenders To Restructure Debt In order to facilitate its financial restructuring, Arclin today elected to file for court-supervised restructuring proceedings in the United States and in Canada. Arclin’s U.S. companies have filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware. Arclin’s Canadian companies have made a filing with the Ontario Superior Court of Justice and have obtained an Initial Order authorizing Arclin to reorganize under the Companies’ Creditors Arrangement Act (“CCAA”). Arclin’s subsidiaries in Mexico are not included in the filings. Claudio D’Ambrosio, Arclin’s President and Chief Executive Officer, said, “We are very pleased to have reached an agreement in principle with certain of our key senior lenders, which we believe underscores their confidence in our business, and represents an important step forward for our company. Although our operations are strong and our diverse portfolio of businesses has helped us maintain positive operating EBITDA in 2009, continued weakness in our core markets has reduced our cash flow and our ability to comply with certain covenants under our debt obligations. Our current capital structure was put in place in 2007, under a different economic climate and at the top of the last business cycle. We are now taking appropriate steps to align our capital structure with the realities of today’s markets and economy. Having reviewed the options available, we determined that the court-supervised restructuring proceedings will accelerate – and finalize – our financial restructuring and that this is the best course of action for Arclin. This restructuring process will allow us to continue to support our customers, suppliers and employees while we work to enhance Arclin’s position as a strong and innovative supplier.” In conjunction with the filings, Arclin has received a commitment for US$25 million in financing. Upon approval by the U.S. Bankruptcy Court and the Ontario Superior Court of Justice, the new financing, combined with cash generated from the Company’s ongoing operations, will be used to support the business during the restructuring process. Arclin intends to continue to meet its obligations going forward to its customers, suppliers and employees. Mr. D’Ambrosio added, “We look forward to working together with all of our stakeholders to complete a successful financial restructuring. Arclin remains committed to providing our customers with innovative bonding and surfacing solutions for today’s building and construction, engineered materials and natural resource markets. We appreciate the ongoing dedication of all of our employees, whose hard work is critical to our success and the future of Arclin. I also would like to thank our customers, suppliers, lenders and business partners for their support as we work to position Arclin for continued profitable growth.” Arclin has established a toll-free Restructuring Information Hotline for interested parties, at (866) 967-1787 in the U.S. or at (888) 802-3216 in Canada. In addition, websites have been set up by Arclin’s Court appointed Monitor in Canada and by the Company’s Claims Agent in the U.S., both of which contain Court documents and other updates (www.ey.com/ca/arclin and www.kccllc.net/arclin). About Arclin Kevin Griffin Director, Marketing and Communications (919) 542-2526 ext 3020 Andy Brimmer / Andrew Siegel / Ariel LeBoff Joele Frank, Wilkinson Brimmer Katcher (212) 355-4449 Arclin and Mossy Oak® Team up to bring Camouflage Branded Designs to Decorative Surfaces Mississauga, ON Canada (July 13, 2009) – Arclin, a leading provider of bonding, surfacing and related products for today’s engineered materials and natural resources markets, is pleased to announce they have been granted exclusive rights to Mossy Oak’s licensed camouflage patterns and related trademarks for use in decorative surfaces. The agreement gives Arclin access to Mossy Oak’s branded designs for use in surfacing applications for low and high pressure laminates, edge banding and laminated panels for all of the Americas. The new designs will bear Arclin’s E-Gen™ designation as an environmentally friendly product and will be GREENGUARD certified for Children & Schools. “This is a unique opportunity to bring a new, branded design to the decorative surfaces market” says Jim Ryan Business Director, Decorative Surfaces for Arclin. “Mossy Oak is the leader in developing realistic camouflage designs that have immediate recognition in the market place. We are excited about this alliance and the opportunity it provides Arclin and our downstream partners to offer new and unique design choices.” For more information about access to Mossy Oak designs for surfacing applications, please contact Jim Ryan, Business Director Decorative Surfaces at Arclin, (253) 572-5600 ext 222 or jim.ryan@arclin.com. About Arclin About Mossy Oak® Contact: Kevin Griffin Arclin Receives Permit for Formaldehyde Production Facility in Sexsmith, AB Mississauga, ON Canada (October 15, 2008) – Arclin announced today that they have recently received approval from the Alberta Natural Resources Conservation Board for a new formaldehyde production plant in Sexsmith Alberta, concluding that the project would be in Alberta’s public interest. “This is exciting news”, says Claudio D’Ambrosio, President and CEO of Arclin. “Having the ability to produce our own formaldehyde will further complement the world class resin facility recently completed by eliminating the reliance on out-sourced formaldehyde. Although start up operations are still suspended due to market conditions, Arclin will be well positioned to serve the forest products, oilfield chemicals, natural resources and agricultural markets in western Canada, once economic conditions improve.” Arclin continues to support the region out of its Kamloops BC and Thunder Bay, ON facilities and has recently installed a new rail spur in Thunder Bay to further aid in the Sexsmith expansion. About Arclin Contact: Kevin Griffin Arclin to raise prices for Melamine Resins MISSISSAUGA, ON (September 5, 2008) - Arclin announced today that they will be increasing prices on all melamine resins effective September 15th, 2008, or as contract terms allow. Market conditions have pushed melamine crystal prices up an additional $0.20/lb as of September 1st and recent hurricane activity in the Gulf has placed additional pressure on both pricing and availability. About Arclin Contact: Kevin Griffin Arclin to raise prices for Insulation Resins MISSISSAUGA, ON (August 4th, 2008) - Arclin announced today that they will be implementing a price increase of 8% above current pricing terms for all PF insulation resins effective September 1st, 2008, or as contract terms allow. This price adjustment is due to the continued escalation in raw material inputs and energy costs. About Arclin Contact: Kevin Griffin
Arclin Suspends Start-up Operations at Sexsmith, AB Mississauga, ON Canada (May 22, 2008) - Arclin, a leading provider of bonding and surfacing solutions for today’s engineered materials markets, announced today they will be suspending start-up operations of their new Sexsmith, AB resin plant, citing reduced demand for adhesives in the region. “The severe downturn and recession in the US housing market coupled with a strong Canadian Dollar have resulted in a large number of closures of wood products facilities in Western Canadian thereby significantly reducing resin demand”, says Claudio D’Ambrosio, president and CEO of Arclin. “We will preserve the facility in its current state and will re-initiate start-up activities as soon as demand returns.” “Tremendous effort from our employees and area contractors has gone into bringing this state of the art facility on line and is greatly appreciated,” says D’Ambrosio. “We are committed to this project and will continue dialogue with our customer base to gauge the appropriate time to start up the plant”. Arclin will continue to satisfy their customer needs in the region out of their Kamloops, BC and Thunder Bay, ON facilities. About Arclin Based in Mississauga, Ontario, Arclin provides innovative bonding solutions for a number of applications including wood based panels, engineered wood, mineral and glass fiber tissue and paper impregnation. As a world leader in paper overlays technology, Arclin provides high value surfacing solutions for decorative panels, building products and industrial specialty applications for North American and export markets. For more information please visit http://www.arclin.com.
Arclin Announces Its New Green Trademark, E-Gen™ MISSISSAUGA, ON (February 8, 2008) - Arclin, a leading provider of bonding and surfacing solutions, unveiled their E-Gen™ designation today, establishing an environmentally sustainable standard for their business and creating stringent performance-based criteria for an array of their products. For more than 15 years, Arclin has formally been incorporating sustainable business practices into their everyday processes, such as sourcing raw paper that comes from sustainable forestry practices for the manufacture of overlays. In 2007, Arclin expanded their internal dedication to sustainable practices to include their customers‘ businesses as well. E-Gen evolved from this program, and is now the designation for a new generation of products that conscientiously reduce environmental impact. Arclin‘s products receive the E-Gen designation based on their ability to: 1) minimize impact on the environment, 2) meet tough new industry requirements, and/or 3) receive third party certifications. Arclin applies innovative technology to develop sustainable products that meet their customers‘ needs, including:
“Arclin‘s E-Gen products give customers greater opportunities to expand their businesses and pursue new markets by partnering with a supplier of low-emitting and environmentally sustainable engineered bonding and surfacing solutions,” says Arclin CEO and President, Garry McClean. “More than ever, our customers are looking for environmentally and economically sustainable options and Arclin is committed to meeting these needs with our E-Gen products and processes.” Arclin E-Gen designated resins and overlays offer manufacturers the sense of well-being that comes from using Arclin‘s most technically advanced and eco-responsible products. E-Gen allows them to pursue markets previously off limits due to increased environmental restrictions. Additionally, builders, architects, designers and contractors now have the opportunity to qualify for various environmental certifications, such as the LEED rating system. About Arclin About GREENGUARD About LEED # # # Media contact: Will Zweigart Arclin Decorative Overlays Earns GREENGUARD Certifications MISSISSAUGA, ON (October 17, 2007) – Arclin, a leading provider of bonding and surfacing solutions, is pleased to announce that its line of Decorative Melamine Overlays has been GREENGUARD Indoor Air Quality Certified® by the GREENGUARD Environmental Institute (GEI), which establishes performance-based standards for low-emitting building materials, furnishing and finishes used indoors. In addition, Arclin received the GREENGUARD for Children & Schools Certification. This certification presents the most stringent emissions criteria, and is a referenced standard for products used in K-12 schools, daycare facilities and healthcare environments. Products certified under GREENGUARD Children & Schools are specified in the USGBC’s LEED for Schools Rating System and CHPS Best Practices Manual as criteria for low-emitting materials. Builders, architects, designers, contractors and specifiers can use Arclin Decorative Melamine Overlays as low-emitting decorative surface solutions for cabinetry, office furniture, closet organizers, store fixtures, or other decorative surface applications. “Being the first to offer certified, low-emitting engineered decorative melamine overlays demonstrates our position as an innovative and environmentally-friendly partner,” says Arclin Sr. V.P. Bjorn Wahl. “We’ll continue developing sustainable and environmentally sound product solutions that create new market opportunities for our customers.” About Arclin About Greenguard # # # Media contact: Will Zweigart Dynea North America Acquired By Canadian Investment Firm MISSISSAUGA, ON (July 10, 2007) – Teachers’ Private Capital, the private investment arm of the Ontario Teachers’ Pension Plan (OTPP), has completed the purchase of specialty resins and paper overlays producer Dynea North America from Dynea Chemicals Oy of Finland. Terms of the sale were not disclosed. Effective immediately, Dynea North America is now an independently managed company and will be renamed Arclin, a leading provider of bonding and surfacing solutions. With annual sales of more than $650 U.S. million and more than 750 employees employed across 15 facilities in the United States, Canada and Mexico, Arclin is a leading specialty resins and paper overlays supplier to a variety of markets, including engineered wood and panels, building materials and specialty industrial applications. Arclin will retain its executive management team with more than 60 years experience in the engineered materials industry, led by Garry McClean, President and CEO. “We’re excited to begin a new era as an independent company focused solely on the needs of our valued customers and suppliers in North America,” said McClean, noting there should be no disruption in day-to-day business during the transition. “As a trusted industry partner we will continue working to deliver new, innovative, market-driven solutions that add downstream value.” McClean added that the Arclin name and “Performance Applied” tagline, which will be transitioned over the next two months, reflects the Company’s goal to bridge supply and value chains as an innovative solutions provider. About Arclin About Teachers’ Private Capital # # # Media contact: Dynea’s Melamine Adhesive Exceeds American Wood Council Requirements MISSISSAUGA, ON (May 31, 2007) – Dynea, a global leader in providing high-performance adhesion and surfacing solutions, announced today that its Prefere™ 4720/5025A melamine adhesive has exceeded the highest American Wood Council (AWC) requirements for heat resistance of adhesives used in the manufacture of finger-jointed lumber. Testing was conducted according to Method A of the AWC Elevated-Temperature Adhesive Qualification Procedure, from which a successful result covers all lumber species, lumber grades, and finger-joint profiles. Documentation has been submitted to the American Lumber Standard Committee (ALSC) and Canadian Lumber Standards Accreditation Board (CLSAB) for review. Acceptance by both the ALSC and CLSAB is expected and will provide a North American-wide designation of Prefere 4720/5025A as a Heat Resistant Adhesive (HRA). Several key ALSC-accredited grading agencies have already provided interim approvals for HRA designation of Prefere 4720/5025A on the grade stamps of their member mills. The acceptance and HRA designation will apply to both vertical use finger- jointed studs and structural exterior use joints, as Prefere 4720/5025A has also met all requirements of ASTM D2559 and CSA O112.9 standard test methods for adhesives intended for use in structural, exterior exposure applications. Dynea is committed to developing innovative products that meet or exceed the most rigorous industry standards for safety and performance,” says Dr. Rob Schmidt, Senior Vice President of Market Applications. “The broad approvals held for the Prefere™ 4720/5025A melamine adhesive reflect extensive testing and a commitment to engineering unique solutions as our customers’ marketplace evolves.” About Dynea North America # # # Media contact: |
|
 |
|
