Axion International Receives First Purchase Order to Supply Railroad Ties to South America
Axion Continues to Expand International Sales and Grow Its Client Base
NEW PROVIDENCE, N.J.--(BUSINESS WIRE)-- Axion International (OTCBB:AXIH.ob - News), a leading producer of industrial building products and railroad ties made from 100% recycled plastic, announced it has received its first purchase order in South America. The order relates to Axion’s innovative Recycled Structural Composite (RSC) railroad ties, which will be installed for an undisclosed railway line operator in a major South American city.
“We continue to see accelerated acceptance of our products in the international markets,” stated Steve Silverman, Axion’s President and CEO. “This city’s relatively hot tropical climate, typical for South America, makes our product ideal for this part of the world. By utilizing our patented material, designed from 100% recycled plastic, this railway line is expected to alleviate the strain on landfills by diverting 81,000 pounds of plastic waste, or the equivalent of 365,000 detergent bottles, into new uses. We look forward to meeting this transit line’s future needs, as well as the needs of transit authorities throughout South America.”
The railway line operator is purchasing various sizes of railroad ties from Axion, ranging from 9’ to 20’ in length. The longer ties or “switch sets” are utilized where multiple tracks come together or split apart. These 100% recycled products will be used in the city’s main metro line, which is responsible for transporting approximately 400,000 passengers per year. The composite ties are to be used as a replacement for wooden ties, which are currently being used throughout the vast majority of the city’s metro infrastructure system.
Mr. Silverman concluded, “As an emerging growth company we realize the importance of diversifying one’s business and maintaining a sales flow that is not dependent on just one or two primary clients. Axion has made tremendous strides in seeding various new clients over the past several months. As we expand into areas such as South America we are strengthening our global sales network by introducing diverse new markets to Axion’s innovative, cost-effective and environmentally friendly products first-hand.”
Axion’s proprietary Recycled Structural Composite (RSC) material is inert and contains no toxic materials. It is impervious to insect infestation, will never leach toxic chemicals nor warp. Because it is lighter than traditional materials, transporting RSC is less expensive and reduces energy costs. In addition, Axion’s products are completely recyclable at the end of their functional life.
About Axion International
Axion International is a leading structural solution provider of cost-effective alternative infrastructure and building products. The Company’s "green" proprietary technologies allow for the development and manufacture of innovative structural products made from 100% recycled consumer and industrial plastics. Axion's up-cycled products are an economic and sustainable alternative to traditional building materials such as wood, steel or concrete. Developed in collaboration with scientists at Rutgers University, Axion's patented technologies allow for products that are extremely strong, durable, flexible in design, and low maintenance.
For additional information, please visit Axion’s corporate website |
