ZCL Composites Acquires Dualam Plastics

13 January 2010

ZCL Composites has completed the acquisition of Dualam Plastics Inc. of Montreal, Quebec.

Dualam manufactures custom engineered fibreglass reinforced plastic (“FRP”) and duallaminate composite products for use in corrosion-resistant applications in the power generation, chemical, chloralkali, pulp and paper and other industrial sectors.

The company operates eight manufacturing and field service facilities in Canada and the United States.

Dualam's two primary operating divisions are CPF Dualam and Troy Manufacturing.

""Dualam is a strategic addition that significantly expands ZCL's depth and presence in the corrosion market"", said Ven Côté, ZCL’s President and CEO. ""Dualam is a very well respected company that has leveraged its reputation for quality and customer satisfaction to generate strong growth over the past number of years.""

""As we have commented in the past, we believe there are significant opportunities in the corrosion market and with the addition of the strong team at Dualam we believe we are now in a position to grow our presence in this market"", added Mr. Côté.

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