By Greentech
Lead Team: Axion International, a developer of recycled structural composite
(RSC), announced it has selected Inversora Intervias in Argentina, to
distribute Axion products in the region.
RSC
technology is used to produce 100 percent recycled plastic ECOTRAX railroad
ties and STRUXURE industrial building materials.
Inversora Intervias through its connection with Cometrans Group will establish marketing
and sales functions for Axion’s ECOTRAX throughout the Mercosur
region.
This
distribution agreement enables Axion to provide the company’s 100 percent
recycled plastic railroad ties in Argentina, Uruguay and Paraguay.
“This is a
significant step forward for Axion as we continue to expand our business
globally. Inversora Intervias is a perfect partner for Axion. We have spent a
good deal of time exploring this market and in finding the proper partner.
Inversora Intervías, through its connection with Cometrans Group, brings all
the key elements you look for in a partner,” said Steve Silverman, CEO &
president, Axion.
A
collaboration agreement was signed that provides the foundation and process for
evaluating the formation of an operating entity that will manufacture, sell and
market Axion’s ECOTRAX products in Argentina, Uruguay and Paraguay.
With orders
already shipped to Chile, Colombia and Brazil, this agreement helps add to
Axion’s continued penetration into South America.
Grupo
Cometrans is a major operator of transit and freight lines in the region and
they manage more than 2,200 Km of track.
“Innovation
is a primary foundation of Grupo Cometrans’ philosophy, and Axion is a key
innovator representing a perfect match for us to forge an alliance. There are
early-stage policies about recycling in Argentina, and this is an excellent
opportunity to commit to this practice, and to become more environmentally friendly,
which is one of the main aims of Cometrans,” said Claudio Cirigliano, president
of Grupo Cometrans.
Recently,
Axion received a purchase order for their first installation of ties from
another Class One Railroad. This represents the second of the nation’s Class 1
rail lines that Axion is doing business with – following a multi-year contract
announced earlier in 2011.