P-High Modulus Launches PVCell G-Foam to Marine Market

SP-High Modulus, the marine business of Gurit, has launched ‘PVCell G-Foam’, a closed cell, cross-linked PVC foam to enhance its core materials offering. PVCell G-Foam provides high strength to weight ratio for all composite applications. Other key features include outstanding chemical resistance, low water absorption and excellent thermal insulation capabilities. It is compatible with most common resin systems including epoxy, polyester and vinylester. PVCell G-Foam is available in a wide range of densities, which include G60, G80, G100, G130 and G200, with all standard cut patterns, and finishes possible. PVCell G-Foam has secured industry certification from Germanischer Lloyd (GL) (G60-G100), Det Norske Veritas (DNV), American Bureau of Shipping (ABS), and Registro Italiano Navale (RINA). Graham Harvey, General Manager Marine at SP-High Modulus, says: “We are pleased to extend our core materials range for our marine customers with the addition of PVCell G-Foam. This joins the already successful Corecell product family and the versatile and renewable Balsaflex core”. SP-High Modulus, will be exhibiting at the forthcoming Monaco Yacht Show from 21st – 24th September 2011 in the Darse Sud Tent, stand QS1, where staff will be available to discuss this year’s product portfolio including PVCell G-Foam as well as Corecell M-Foam, B3 SmartPac and Spabond 540.

Insituform Technologies, Inc. Closes Acquisition of North American Business of Fyfe Group, LLC

Insituform Technologies, Inc. has informed about the closing of its acquisition of the North American business of Fyfe Group, LLC. The transaction purchase price was approximately $115.8 million.

Fyfe Group, based in San Diego, California, is a pioneer and industry leader in the development, manufacture and installation of fiber reinforced polymer (FRP) systems for the structural repair, strengthening and restoration of pipelines (oil, gas, water and waste water), buildings (commercial, Federal, municipal, residential and parking garages), bridges and tunnels, and waterfront structures. The acquisition was financed by a $250 million term loan under the Company’s new $500 million credit facility.

Fyfe Group’s senior management team, including Ed Fyfe and Heath Carr, will remain with the company and be responsible for its day-to-day operations, growth and continued technological innovation. In connection with the closing of the Fyfe North America transaction, Ed Fyfe and Heath Carr also purchased $3.0 million and $1.0 million, respectively, of Insituform common stock at a price of $16.21 per share (Insituform’s closing stock price on August 30, 2011). The shares of common stock are subject to certain transfer restrictions until February 2013.

Gold River Productions Introduces Lightweight, Durable, All-Composite Sea Freight Containers

Gold River Productions, a developer and designer of patented and patent-pending renewable energy technologies and all-composite products, apprised about details of its latest innovation for the marine industry, the all composite sea freight container. The Company's sea freight containers can reduce the weight of today's standard products by up to 60%, are extremely durable, will not rust or corrode, and cost less to produce due to its lightweight, thermoplastic material.

Gold River's proprietary technologies and fiber-reinforced thermoplastic sheets are thermo-fused to a honeycomb or insulated foam core to create a superior lightweight, highly impact resistant and very durable sandwich panel. By using its custom-designed, high-speed panel manufacturing processes, the Company is able to manufacture sea freight containers using all-composite materials that are up to 60% lighter than those in use today. No volatile organic compounds are emitted during the process, and containers are recyclable at the end of their useful lives. Since the panels are thermoplastic rather than steel, they also have the ability to enhance border security imaging, screening and detection processes.

John Ohlin, president and CEO of Gold River Productions, Inc., stated, "Five years ago, our company began the research and development of a breakthrough concept in designing large structures, specifically, sea freight containers and pre-fabricated housing, using our newly developed materials. Now we are excited to move forward with our latest sea freight technology and containers that can help solve current economic and environmental challenges affecting the global marine industry."