NEW PROVIDENCE, NJ — (Marketwired) — 06/10/13 — (OTCQB: AXIH), a leader in recycled plastic and plastic composite technologies used to produce ECOTRAX® rail ties and STRUXURE® building products, today announced its STRUXURE® 100% recycled infrastructure building products are being used in the coal mining industry.
This development follows successful product testing at two independent, third party evaluation facilities, the (NIOSH) and at . Based on these independent tests which evaluated the products– weight bearing capacity, STRUXURE® has been approved for use in underground mining operations. AXION–s distributor and customer each reviewed the results, were pleased with the performance, and submitted a purchase order.
AXION shipped 12″ pilings and 7″x9″-30″ boards to a major NYSE-listed coal mining company through Pennsylvania-based , a distributor to the coal mining industry in Pennsylvania, West Virginia and Ohio. The specific application in the field test of STRUXURE® products is for roof support in coal mining.
Williamstown Mining will feature STRUXURE® products for use in mining applications at the in Pittsburgh on June 11th through 13th. Longwall USA is North America–s largest longwall mining equipment trade show and features the latest in technology and techniques in mining. The longwall method of mining accounts for 50% of underground production.
Williamstown Mining–s VP of Operations, Denny Welsh stated, “AXION–s STRUXURE® products offer a new solution for mining applications including roof support and . Purchase decisions in the mining industry are based on strength, weight, life cycle, safety and cost of products. Sustainable materials are viewed positively. In the end, it comes down to performance and cost over time. Based on STRUXURE®–s properties and proven performance, we expect to see strong interest from miners.”
“This is a trial order which we believe will lead to more purchases from the coal mining industry. The wet and acidic conditions in mines lead to deterioration of traditional wood, concrete and steel materials, whereas STRUXURE® is impervious to those elements,” stated Dave Crane, AXION–s Executive Vice President of Building Products.
“Our ECOTRAX® railties have already been in track testing in Chile with one of the largest mining companies in the world. With this first purchase order for roof supports, we are expanding our product offerings into the mining industry. Opening new end use markets for our proprietary products is a key part of our growth strategy,” stated AXION President and CEO Steve Silverman.
AXION (OTCQB: AXIH) is a 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 railtie 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.
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.
AXION Investor and Media Relations
Andrew Haag
Managing Partner
IRTH Communications
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