RCAI Signs Distributorship Agreement for Ireland and Great Britain.LAKE FOREST, Calif. -- RCAI RCAI Research Center for Allergy and Immunology (Japan) RCAI Restorative Care of America, Inc. RCAI Railroadiana Collectors Association, Incorporated (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :RCAA RCAA Runs Created Above Average (baseball statistic) RCAA Rock Crawlers Association of America (formerly American Rock Crawlers Association) RCAA Romanian Civil Aviation Authority ) announced today that it has signed an exclusive Distributorship Agreement with Asphalt Solutions Ltd. of Belfast, Ireland, for exclusive distribution rights of the company's ALDEROX(R) line of products throughout Ireland and Great Britain Great Britain, officially United Kingdom of Great Britain and Northern Ireland, constitutional monarchy (2005 est. pop. 60,441,000), 94,226 sq mi (244,044 sq km), on the British Isles, off W Europe. The country is often referred to simply as Britain. . Asphalt Solutions Ltd. is part of the ITA ITA abbr. initial teaching alphabet ITA initial teaching alphabet: a partly phonetic alphabet used to teach reading ITA n abbr (BRIT) (= initial teaching alphabet) → group of companies, which includes Adex UK Ltd., ITA Construction Ltd. and ITA Asphalt Solutions Ltd. Asphalt Solutions Ltd. was established to service industry's need for environmentally friendly Environmentally friendly, also referred to as nature friendly, is a term used to refer to goods and services considered to inflict minimal harm on the environment.[1] , cost-effective release agents, lubricants and cleaners in Ireland, Great Britain and the European Union European Union (EU), name given since the ratification (Nov., 1993) of the Treaty of European Union, or Maastricht Treaty, to the European Community . The ITA Group has relationships with some of the largest asphalt and aggregate companies in the world, most of which are based in Western Europe Western Europe The countries of western Europe, especially those that are allied with the United States and Canada in the North Atlantic Treaty Organization (established 1949 and usually known as NATO). . The ITA Group operates in the construction and asphalt markets. At present the Group operates from a 4,500-square-foot purpose-built warehouse in Belfast. The physical distribution of products to sites throughout the United Kingdom and Ireland is carried out under contract with Reid Transport based in Ballymena, which has 18 distribution depots in the United Kingdom for holding stock. European Market Size and Target Market Share Market data provided by the European Asphalt Pavement Association indicates that 31 million tonnes of asphalt were produced in the United Kingdom and Ireland in 2002. As the average truck load of asphalt is 22 tonnes, this equates to 1.41 million truck loads per year. One application of ALDEROX(R) is required for three truck loads of asphalt, therefore the market size is 500,000 applications or 125,000 gallons of ALDEROX(R) per annum Per annum Yearly. . Release agents are also used on paving machinery. Data from the European Asphalt Pavement Association indicates that there are approximately 1,000 paving companies in the United Kingdom and Ireland. As 90% of the companies involved in the production or laying of asphalt are small or medium enterprises, it is estimated that the companies each have one machine. It is accepted in the industry that a paver will use release agents equal to approximately 2 gallons of ALDEROX(R) a day. Based on a 20-day working month, this equates to approximately 480,000 gallons of ALDEROX(R) per annum. The primary market for release agents in the United Kingdom and Ireland is therefore approximately 600,000 gallons of ALDEROX(R) per annum. RCAI's wholesale price to overseas distributors is US$7.00 per gallon. The Asphalt Industry in Europe Diesel fuel has been the historic "release agent" and cleaning agent for most applications within the asphalt industry. This practice has led to the largest environmental contamination worldwide. Each day across Europe, tens of thousands of gallons of diesel fuel are being applied to trucks and equipment as release agents. This leads to the derogation The partial repeal of a law, usually by a subsequent act that in some way diminishes its Original Intent or scope. Derogation is distinguishable from abrogation, which is the total Annulment of a law. DEROGATION, civil law. of the asphalt mat, and more significantly, diesel is finding its way into the water table. European Market Opportunity and Future Trends In the asphalt industry legislation and British standards British Standards are the national standards of the UK. The standards body which produces them is BSI British Standards, a division of BSI Group. It is incorporated under a Royal Charter and is formally designated as the National Standards Body (NSB) for the UK. are now in place which prohibits the use of diesel as release agent. Most recently BS 594 Part II and BS 4987 Part II have been re-written to state "diesel fuel is strictly prohibited in its use as a release agent." The ALDEROX(R) range of products is a cost-effective alternative to diesel as a release agent and offers better performance. The ALDEROX(R) range of products complies with current and future legislation, and COSHH COSHH, n.pr See Control of Substances Hazardous to Health. regulations, as ALDEROX(R) is not as hazardous as diesel. RCAI personnel completed a number of on-site product demonstration projects and sales training in Ireland in October of 2004 and will return to complete sales training in February of 2005. Asphalt Solutions Ltd. has already placed their first order for 3,000 gallons of ALDEROX(R) product for immediate delivery. About RCAI's Products The ALDEROX(R) line of non-stick, lubrication lubrication, introduction of a substance between the contact surfaces of moving parts to reduce friction and to dissipate heat. A lubricant may be oil, grease, graphite, or any substance—gas, liquid, semisolid, or solid—that permits free action of and cleaning products are completely non-hazardous, 100% biodegradable blends of various all-natural materials. With the use of this product, asphalt slides easily from truck beds, concrete is easily released from forms and molds and clay/mud is inhibited from sticking to the undercarriages of vehicles. The use of ALDEROX(R) products substantially reduces operating and maintenance costs. RCAI has recently introduced its bio-diesel product to the rapidly growing alternative/renewable fuels market in the commercial marine and heavy equipment industries. About RCAI With headquarters in Lake Forest, RCAI develops, manufactures and markets a diversified range of environmentally friendly asphalt release agents (ALDEROX(R) ASA-12(R)), concrete form oils (ALDEROX(R) KR7(R)) and non-stick industrial vehicle and equipment coatings for the oil-sands harvesting and mining industries (ALDEROX(R) TSR (Terminate and Stay Resident) Refers to a program that remains in memory when the user exits it in order that it be immediately available at the press of a hotkey. (R)) based on proprietary, patent-pending ALDEROX(R) formulation technology. RCAI is also the exclusive distributor of bio-diesel to the commercial marine industry worldwide for Topia Energy Inc., Canada's largest producer and supplier of bio-diesel. RCAI is represented in the United States by North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. Systems Inc., in Canada by Canadian Release Agents Inc., in India by Suretech Marketing Pty. and in Ireland and Great Britain by ITA Asphalt Solutions Ltd. Forward-Looking Statements Except for any historical information contained herein, this news release contains forward-looking statements regarding the company's future financial performance, the performance of new products and the company's ability to bring new products to market that involve risks and uncertainties. These risks may include timely development, acceptance and pricing of new products, the terms and conditions associated with licensees', the impact of competitive products and pricing, and general economic conditions as they affect the company's customers, as well as other risks detailed from time to time in the company's SEC reports. For more information about RCAI and the company's comprehensive list of product offerings, please call the company directly at tel. 949-609-0590. Information can also be requested via e-mail to info@rca-inc.com or through RCAI's Web site at http://www.rca-inc.com. RCAI's head office is located at 23832 Rockfield Blvd., Suite 275, Lake Forest, CA 92630; telephone 949-609-0590; fax 949-609-0594. NOTE: The RCAI logo, ALDEROX(R), ASA-12(R), KR7(R), DCR DCR Department of Conservation and Recreation DCR Decrease DCR Digital Cable Ready (television) DCR Dark Crisis (Yu-Gi-Oh! cards) DCR Debt Coverage Ratio DCR Dacryocystorhinostomy (R) and TSR(R) are registered trademarks of Reclamation Consulting & Applications Inc. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion