GE Silicones Gains Exclusive Distribution Rights to Parbury Technologies' Highway Joint Sealant Outside of Australia.Business Editors WATERFORD, N.Y.--(BUSINESS WIRE)--Nov. 15, 2001 GE Silicones, through its Pacific joint venture GE Toshiba Silicones, and Parbury Technologies of Sydney, Australia, have concluded an agreement under which Parbury highway joint sealant Sealant A thin plastic substance that is painted over teeth as an anti-cavity measure to seal out food particles and acids produced by bacteria. Mentioned in: Tooth Decay sealant see bone sealant. will be distributed exclusively through GE Silicones outside of Australia. GE Toshiba Silicones will start to market the product as Tosseal 811 highway joint silicone silicone, polymer in which atoms of silicon and oxygen alternate in a chain; various organic radicals, such as the methyl group, CH3, are bound to the silicon atoms. sealant in December of this year. Parbury, a construction chemical manufacturer, produces Roadseal, a silicone sealant especially designed for highway joints, utilizing GE Bayer Silicone products in a unique Parbury technology. Roadseal highway joint sealant was introduced to the market in 2000 and has met rapid customer acceptance due to its exceptional adhesion adhesion /ad·he·sion/ (ad-he´zhun) 1. the property of remaining in close proximity. 2. the stable joining of parts to one another, which may occur abnormally. 3. to concrete and its durability du·ra·ble adj. 1. Capable of withstanding wear and tear or decay: a durable fabric. 2. . Throughout the Pacific region, the market for highway joint sealant is expected to grow substantially over the next five years as major civil engineering projects get underway. More than 50 such projects, including airports and high-speed train systems, are anticipated to begin in China, Japan, Taiwan, and other Pacific region countries. GE Toshiba Silicones expects Tosseal 811 highway joint sealant to be used widely in these projects. Parbury Technologies is a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Alesco Corporation Limited, a company listed on the Australian Stock Exchange Australian Stock Exchange (ASX) Australia's major securities market, formed when the six state stock exchanges (Adelaide, Brisbane, Hobart, Melbourne, Perth, and Sydney stock exchanges) were merged in 1987. . GE Silicones, a $1.4 billion operating division of GE Specialty Materials, is a global manufacturer of silicone products with its headquarters in Waterford, NY. It has 3,300 employees and manufactures products for more than 4,000 applications. Silicone made by GE is used in most major markets, including consumer retail, building and construction, health care, electrical/electronics, automotive, aviation, cosmetics cosmetics, preparations externally applied to change or enhance the beauty of skin, hair, nails, lips, and eyes. The use of body paint for ornamental and religious purposes has been common among primitive peoples from prehistoric times (see body-marking). , specialty coatings, appliance and textiles. For additional information about GE Silicones, visit GESilicones.com. Founded in 1971 and headquartered in Tokyo, Japan, GE Toshiba Silicones is a joint venture of General Electric and Toshiba. GE Toshiba Silicones employs more than 800 people and currently operates in 13 countries across Asia. |
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