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Resin Systems Inc. Enters the Global Material Handling Market With Contract to Supply FMC Technologies, Inc.
Resin Systems Inc. Enters the Global Material Handling Market With Contract to Supply FMC Technologies, Inc..
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[{"type":"text","content":"\n\n\n\nCALGARY, Jan. 31 /CNW/ - Resin Systems Inc. (\"RS\") (RS - TSX / RSSYF -\nOTCBB), a composite products innovation company, announced today that the\nexclusive agreement to supply VRoll(TM) composite tubes, previously announced\nDecember 18, 2006, is with FMC Technologies' (NYSE - FTI) Material Handling\nSolutions business for their new line of Link-Belt(R) Composite Conveyor Idler\nRolls.\n\n\nComposite idler rolls have great potential in the global material\nhandling market due to VRoll tubes being a stronger, lighter and more durable\nalternative to the steel tubes used in traditional roller assemblies. They are\nideal for corrosive, low temperature or abrasive industrial environments such\nas coal, aggregates, iron ore, copper, potash and salt mines.\n\n\n\"This agreement compliments and strengthens our commitment to advanced\nconveying technology,\" said Robert A. Campbell, General Manager of FMC\nTechnologies' Material Handling Solutions. \"Our new line of Link-Belt(R)\nConveyor Idler Rolls, using RS's VRoll composite tube, will feature\nsignificantly longer roll life, reduced energy requirements and lower\nreplacement costs than standard steel rolls.\"\n\n\n\"This important agreement kick starts our next innovation - VRoll,\" said\nPaul Giannelia, President and Chief Executive Officer of RS. \"FMC\nTechnologies' proven history in the global bulk material handling arena makes\nthem the ideal company to take VRoll to market quickly.\"\n\n\nDeliveries to FMC Technologies are expected to begin in the first half of\n2007.\n\n\nFMC Technologies' Material Handling Solutions\n\n\nMaterial Handling Solutions, a business of FMC Technologies, is\nheadquartered in Tupelo, MS. The operation has been in business for over 100\nyears, and manufactures and sells a complete line of Link-Belt(R) and\nSyntron(R) material handling equipment around the world. Recent technology\nadvances in the Link-Belt(R) idler line include FMC's patented SST (stub\nshaft) technology and their proprietary, interference pressed roller heads.\n\n\nAbout RS\n\n\nRS is a composite product innovator. RS develops advanced composite\nproducts for large-scale industrial markets. These products replace products\nwhich traditionally have been made using the conventional building blocks of\nwood, concrete and steel. The foundation of RS is continuous innovation a...