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mdisanoon Jun 11, 2003 8:42am
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AKZO - NR
AKZO - NRPress Release Source: Napier Environmental Technologies Inc.
Akzo Nobel Aerospace Signs Worldwide Distribution for Napier Products
Wednesday June 11, 8:33 am ET
VANCOUVER, British Columbia--(BUSINESS WIRE)--June 11, 2003--Napier Environmental Technologies Inc. is pleased to announce the agreement signed with Akzo Nobel Aerospace Coatings (ANAC) for worldwide distribution rights to Napier's SV-35 line of coating strippers designed for the global aviation market. The SV-35 series utilizes patented SARA (selective adhesion release agent) technology. Approved by Airbus and other major OEMs, these products are designed as an effective and environmentally safe alternative to methylene chloride and formic acid based strippers. Training of Akzo personnel in the use of Napier's products has begun in North America and will commence in Europe early in August. Sales of product will follow as training is completed and co-branded labels are developed to meet the requirements for export to the EU and other countries around the world.
ANAC delivers a complete line of aviation coating systems worldwide and is supported by a global logistics network and state-of-the-art manufacturing services. Parent company Akzo Nobel, based in the Netherlands, serves customers throughout the world with healthcare products, coatings and chemicals. The company employs about 67,000 people in 80 countries.
Forward-Looking Statements: