NEW PROVIDENCE, NJ -- (Marketwire) -- 12/13/12 -- AXION International Holdings, Inc. (OTCBB: AXIH), a leader in recycled plastic and plastic composite technologies used to produce ECOTRAX rail ties and STRUXURE building products, announced today that it has launched a new product line, STRUXURE Construction and Equipment Mats. STRUXURE Construction Mats have been installed and in use by Northeast Remsco Construction, Inc. for the past two months under a joint testing agreement.
STRUXURE mats were initially installed on a sewer site in Old Bridge, New Jersey, where they have immediately proven successful, outlasting their timber-based competition. As part of the joint testing agreement, STRUXURE mats will be removed from Old Bridge in the coming weeks when that construction project is completed and moved to another Northeast Resmco construction site for continued use.
Continuing the problem-solving strategy of the ECOTRAX line, the STRUXURE construction mats are more durable than timber-based models in harsh environmental conditions. The STRUXURE mats will not rot or absorb moisture and are extremely durable. The STRUXURE design takes advantage of the higher compressive and ultimate strength -- as compared to mixed-hardwood products -- of AXION's recycled structural composite material.
"We have been building infrastructure for more than thirty years," explained Northeast Remsco's Equipment Manager John Gutierrez. "We have not seen a construction mat this durable. STRUXURE mats exceeded our expectations."
In application for Northeast Remsco Construction, Inc., STRUXURE construction mats outlasted the timber-based models that began to degrade soon after installation. With a 117,000-pound CAT 349E hydraulic excavator and 80,000-pound loaded dump truck, the STRUXURE mats proved durable, resisting abrasion from the treads of the excavator. Since installation one month ago, the timber-based mats have been taken out of service, while the STRUXURE mats show little to no signs of wear.
"It is simple. We make a tough mat for the toughest conditions," stated AXION's EVP for Building Products Dave Crane. "Lighter weight at higher performance is what we are selling."
Durability in muddy, wet conditions has been a consistent problem for timber-based construction mats under heavy-treaded equipment. STRUXURE mats excel in the harshest conditions, given that the material is impervious to moisture and salt and is resistant to abrasion, whether it is from gravel or treads on tracked construction equipment.
AXION's southern-New Jersey based distributor Environmental Infrastructure Solutions (EIS) made the introduction to Northeast Remsco. EIS supplied silt fence and geotextile fabric to Northeast Remsco for the project and recognized the immediate environmental benefit of applying AXION's patent-protected green technology in an industry that needed a lasting solution. Traditional wood mats have a short life, need to be frequently replaced, and cause a disposal problem for the industry at the end of their useful life.
"What do you do with rotted, wooden construction mats?" asked EIS President Charles Schlapfer, "You can't do anything with them. AXION's solution is recyclable at the end of its functional life, a life that will also greatly exceed wooden mats. This is a break-through in this industry."
Total non-building construction in the U.S., which includes public works and electrical utilities, exceeded $147 billion in 2011 and is projected to end 2012 over $151 billion.* Construction and equipment mats are widely used for many infrastructure projects to access sites, such as the one in Old Bridge, New Jersey, as heavy equipment would sink into the ground or cause damage to environmentally-sensitive areas.
"Our strategy is to enter markets where our superior green technology provides a solution," explained AXION CEO Steve Silverman, "When I visited the site with the inventor of our technology, Tom Nosker, Ph.D., we knew immediately how well our STRUXURE mats perform -- that we are providing a valuable solution to a difficult problem: degradation of supplies at a construction site."
With access to remote areas proving difficult for heavy equipment, construction mats are used to facilitate development of infrastructure, from oil and gas pipeline to sewer lines. When timber-based mats degrade, access is limited, causing delays in the completion of critical infrastructure projects.
"It is clear that our STRUXURE mats will outlast others in the market today. We make tough mats! I saw it at the site in Old Bridge, and I believe that our value in the construction of tomorrow's infrastructure will be realized today," added Silverman.
*2013 Dodge Construction Outlook by McGraw-Hill Construction
About STRUXURE Construction and Equipment Mats
STRUXURE Construction Mats are engineered using AXION's patented recycled structural composite formula -- produced from 100% post-consumer and -industrial plastics -- making them extremely strong and durable. Since AXION's products are inert, they are impervious to rot, fungus, insects, and moisture. STRUXURE Construction Mats are ideal in wet or harsh-temperature environments and are resistant to abrasion and tread-wear. Because of their durability, they are an excellent cost-effective, long-term solution. STRUXURE Construction Mats will not gain weight, warp, or lose strength when wet -- yielding consistent, reliable performance in the harshest conditions. STRUXURE mats are engineered for use in: gas and oil drilling & completion rig sites; access roads; work platforms; swamp access; wet job sites; staging & laydown sites; difficult terrain; remote work camps & job sites. For more information about STRUXURE mats, visit http://axionintl.com/ products-composite-mats-supports.html.
AXION (OTCBB: AXIH) is green technology company, transforming waste plastics into structural building materials. Using 100%-recycled consumer and industrial plastics, AXION develops, markets and sells its recycled structural composite products through its ECOTRAX composite railroad tie and STRUXURE building material lines. From the railroading industry to the military to global engineering firms, AXION delivers tested, proven and superior green solutions to infrastructure needs around the world. For more about AXION and its green technology, visit www.AXIH.com.
About Environmental Infrastructure Solutions (EIS)
EIS is a construction materials supplier which focuses on delivering premium products to environmental infrastructure projects. Our portfolio of products and services include erosion control materials, bulk stone and gravel, geotextile fabrics, site utility project support products, structural and veneer stone, specialty and engineered bio-soils, concrete products, fencing, irrigation and well drilling. Combining more than 25 years of material supply, construction management and in house engineering, EIS serves public and private projects through our DCVM (Diversity Compliance Via Materials) Program.
About Northeast Remsco Construction, Inc.
Northeast Remsco Construction, Inc. is a multi-faceted contractor specializing in heavy/civil, underground utility, tunneling (including MTBM, GBM, TBM, liner plate, auger bore, hand-mining and pipe jacking), water and wastewater (sewer) treatment works, and transportation construction and improvement projects. Norhteast Remsco specializes in underground utility construction, treatment works construction and transportation infrastructure projects located in the Mid-Atlantic and Northeast United States. Northeast Remsco Construction owns the largest fleet of microtunneling equipment on the east coast. Since its founding in 1978, Northeast Remsco Construction has successfully completed construction contracts in excess of $1 billion. For more information about Northeast Remsco, visit www.northeastconstruction.org.
This release contains "forward-looking statements" for purposes of the Securities and Exchange Commission's "safe harbor" provisions under the Private Securities Litigation Reform Act of 1995 and Rule 3b-6 under the Securities Exchange Act of 1934. These forward-looking statements are subject to various risks and uncertainties that could cause AXION's actual results to differ materially from those currently anticipated, including the availability of materials at favorable pricing, sufficient manufacturing capability and the risk factors identified in AXION's filings with the Securities and Exchange Commission.
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