| |
Nycon changes name and introduces "Green" reinforcing fibers.
Now a wholly-owned subsidiary of Pure Earth (PREA).
Westerly, RI and Trevose, PA. Nycon, Inc. announced that it has been acquired and officially changed its name to New Nycon, Inc. and is now a wholly owned subsidiary of Pure Earth, Inc. (PREA).
The name-change and acquisition announcement coincides with New Nycon's license and introduction of NyconG, a groundbreaking, new line of eco-friendly concrete reinforcing fibers. Available in both nylon and polypropylene blends, NyconG fibers represent a break-through in green building technology. They are the only fibers on the market today that have no net negative impact on the environment. Using NyconG fibers increases the value of fiber-reinforced concrete in "green" building because they:
- Are manufactured sustainably through a patented process from recycled carpet.
- Extend the useful life of post-consumer carpet instead of increasing landfill burden.
- Utilize a readily available waste that saves water and reduces emissions.
- Reduce our reliance on natural resources.
- Are more cost-effective than traditional synthetic reinforcing fibers.
- Provide the same or better performance qualities.
- Enhance project eligibility for USGBC's LEED certification.
- Offer tax advantages to project owners.
Projects benefit not only from the "green" features of NyconG fibers, but also from their superior reinforcing qualities. NyconG-reinforced concrete:
- Requires less time, labor and cost than wire-reinforced concrete.
- Is easy to mix, pump and finish.
- Proactively resists shrinkage cracking.
- Has increased toughness, ductility and resistance to abrasion, fatigue, impact, and corrosion.
- Is an extended-life, low-maintenance construction material.
Management and organization of New Nycon, Inc. remain the same, with Bob Cruso as president. The company continues as one of the concrete industry's leading providers of reinforcing fibers and accessories. NyconG is now the signature fiber offering of New Nycon's comprehensive line of nylon, polypropylene, AR glass, steel, micro, macro, PVA and blended fibers. New Nycon's fibers reduce the need for wire mesh and prolong the service life of all cement-based products for ready-mix, precast, shotcrete, stucco, architectural, and decorative concrete applications.
Pure Earth, Inc. is among a handful of companies devoting extensive research to green-building techniques. The acquisition of New Nycon, Inc. is the latest in Pure Earth's strategic moves to broaden its geographic coverage and expand its service lines. The acquisition marries the strengths of Pure Earth's advanced environmental methodologies with New Nycon's superior fiber reinforcing solutions. Publicly-traded and headquartered in Trevose, PA, Pure Earth, Inc. is a diversified environmental company that specializes in delivering innovative solutions for the health and well-being of the planet. In addition to its Pennsylvania headquarters, Pure Earth has branch offices in New York, New Jersey, and Connecticut.
Contacts:
|