27 May 2005
27 May 2005
Resin Systems Inc, a composite material products technology company, has received a three year, multi-million dollar purchase order from Inline Fibreglass Limited (IFL) of Canada.
The contract is to supply IFL with its Version resin which IFL will use to manufacture soffit architectural components using a pultrusion process.
In accordance with the purchase order, RS will ship regular full container loads of Version resin to IFL on a weekly basis over a three year period commencing in the fourth quarter of 2005. The minimum value of the purchase order exceeds CDN $5-million per year.
IFL has an ongoing multi-year contract to furnish soffit architectural components to Pulte Homes, Inc., a major housing industry builder headquartered in Bloomfield, Michigan Prior to the introduction of RS's Version resin, IFL manufactured the soffits using polyester resins.IFL is a composite materials pultrusion fabrication company, specializing in ""thin wall"" pultrusion manufacturing
Resin System’s patented version resins were developed based on the properties of polyurethane compounds. The company add that as the resins act as a glue, providing additional strength to composite structures so that the resins require less reinforcing fibre to achieve equal or better strength requirements, and therefore, require less resin as well.