NEWS..More Progress for HP-L Lignin...Now this is a welcome update. It's not just the OSB market anymore, the uses for LEC's HP-L Lignin are expanding and they are getting excellent results. Very good moving forward.
Lignol and HA International announce successful trials of new foundry resin using High Performance Lignin
7/19/2011 8:30 AM - Canada NewsWire
VANCOUVER, Jul 19, 2011, 2011 (Canada NewsWire via COMTEX News Network) --
Lignol Energy Corporation (TSXV: LEC), a leading technology company in the advanced biofuels and renewable chemicals sectors, and HA International LLC (HAI), a global producer of foundry resins, have announced successful production trials of a new foundry resin that uses a renewable chemical formulation containing Lignol's High Performance Lignin (HP-L(TM)).
Production trials of the new foundry resin were conducted in the production of metal castings for ferrous and non-ferrous impellors used in a variety of pumping applications. The results met or exceeded customer requirements for performance and reduced smoke and odor at pouring. The new resin formulation displaces certain petrochemicals normally found in resins by using Lignol's HP-L(TM), a renewable chemical made from biomass.
"Displacing petrochemicals in our resin formulation with High Performance Lignin can ultimately lead to providing our customers with greater price stability and better environmental performance," said Doug Trinowski, Vice President R&D and Quality at HA International. "HA International supports sustainability and we're committed to the use of renewable materials that can minimize the environmental impacts of our products while improving their performance and value."
The two companies are now in the process of negotiating the terms of a supply agreement to enable HAI to continue shipping the new resin formulation to its customer and HAI will begin to evaluate other formulations within the company's product line to incorporate HP-L(TM).
"Foundry resin formulations represent a significant global market opportunity for our company," said Ross MacLachlan, President and CEO of Lignol. "This trial validates the vision and development work undertaken by HAI and Lignol over the past year to develop ways to displace petrochemicals by incorporating our unique High Performance Lignin."
About HA International
HA International, a joint venture company between Hüttenes Albertus (HA) and Momentive Specialty Chemicals, serves the North American foundry industry as the largest supplier of products for core/mold production. Our parent organizations are highly integrated in the global chemical industry: Hüttenes Albertus supplies the global foundry industry through a network of subsidiary and affiliated companies, and Momentive is the largest producer of Formaldehyde and Phenolic resins in North America.