CANFIBRE ANNOUNCES TECHNICAL BREAKTHROUGH.VANCOUVER, BC--(BUSINESS WIRE)--June 1, 1995-- Fire retardant fire retardant Public health A chemical used to resist combustion, which may contain polybrominated biphenyls and antimony oxide MDF (1) (Main Distribution Frame) A wiring rack that connects outside lines with internal lines. It is used to connect public or private lines coming into the building to internal networks. currently sells in Ontario (if available) at up to five times the cost of standard MDF. Following a three month series of trial production runs, CanFibre has developed an ability through the use of its patented press technology to produce a CanFibre Fire Retardant MDF with only minor incremental production costs. CanFibre believes it should be able to offer, upon completion of its expected first urban MDF plant in Toronto, a fire retardant MDF at lower prices than currently available in the market place. Apart from its fire retardant qualities, the CanFibre MDF also demonstrated in trial production runs physical properties and machinability that exceed similar characteristics of standard MDF. This is in addition to CanFibre's unique features of no UF resin content, improved moisture resistance, and the "green" aspect of a board produced entirely from post-consumer waste Post-consumer waste is a waste type produced by the end consumer of a material stream; that is, where the waste-producing use did not involve the production of another product. fibre. Additionally, the company believes the recent trial production program demonstrated CanFibre's ability to produce two other high value products. The first is a lower weight, lower density MDF which, based on test results, achieves Internal Bonds (the standard measure of strength) that exceed ANSI (American National Standards Institute, New York, www.ansi.org) A membership organization founded in 1918 that coordinates the development of U.S. voluntary national standards in both the private and public sectors. It is the U.S. member body to ISO and IEC. 208.2 standards. This product is extremely valuable in furniture and moulding applications where reduced weight is of great benefit. The second product is a thick panel MDF up to 4" thick that CanFibre has demonstrated in trial production runs should meet all ANSI specifications while retaining a consistent density profile through the total thickness of the board. The company believes CanFibre thick panel MDF should have significant market application for use in solid doors, furniture legs, etc. particularly when CanFibre's fire retardant process is applied. CanFibre's continuing research and development program has, in the opinion of management, demonstrated an ability to produce a wide range of value added Value Added The enhancement a company gives its product or service before offering the product to customers. Notes: This can either increase the products price or value. MDF products from 100 percent mixed waste wood fibre, without the use of UF resin, while still retaining colour, texture and machinability comparable to the best MDF available on the market today. The company believes CanFibre's urban plant setting should accomplish this at production savings over conventional MDF producers. -0- The Canadian Dealing Network Canadian Dealing Network (CDN) The organized OTC market of Canada. Formerly known as the Canadian Over-the-Counter Automated Trading System (COATS), the CDN became a subsidiary of the Toronto Stock Exchange in 1991. neither approves nor disapproves the contents of the News Release. The CanFibre Group Ltd. is listed on the Canadian Dealing Network, symbol - CFGL CFGL Community Foundation of Greater Lakeland (Lakeland, FL) CFGL Configuration List and on the United States O.T.C. Bulletin Board, symbol - CNFBF. CONTACT: CanFibre Todd Hilditch, 1-800-661-0288 or US Corporate Communications Gar Jackson/Scott Pedersen, 1-800-680-4940 INDUSTRY KEYWORD: RETAIL APPAREL/TEXTILES REPEATS: New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of 212-575-8822 or 800-221-2462; Boston 617-330-5311 or 80 |
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