GRID NY

Business News

May 7
Pure Eart. Completes Acquisition of Nycon, Introduces Green Reinforcing Fiber for Use in Concrete Posted By Betsy Kraat

TREVOSE, PA-- Pure Earth, Inc. announced that it has completed the acquisition of Nycon, Inc. and changed its name to New Nycon, Inc.

Terms of the transaction were not disclosed.

New Nycon, Inc. has simultaneously introduced a new product line called Nycon-G, an eco-friendly reinforcing fiber manufactured from waste carpet developed under a patented process.

Available in both nylon and polypropylene blends, Nycon-G fibers represent a break-through in green building technology. They are the only fibers on the market today that have no net negative impact on the environment. Nycon-G fibers increase the value of fiber-reinforced concrete in "green" building because they:

-- Are manufactured sustainably through a patented process from recycled carpet.

-- Extend the useful life of post-consumer carpet instead of increasing landfill burden.

-- Utilize a readily available waste that saves water and reduces emissions.

-- Reduce our reliance on natural resources.

-- Are more cost-effective than traditional synthetic reinforcing fibers.

-- Provide the same or better performance qualities.

-- Enhance project eligibility for USGBC's LEED certification.

-- Offer tax advantages to project owners.

The management and present organization of New Nycon, Inc. remain the same, with Bob Cruso as president. The company continues as one of the concrete industry's leading providers of reinforcing fibers and accessories. Nycon-G is now the signature fiber offering of New Nycon's comprehensive line of nylon, polypropylene, AR glass, steel, micro, macro, PVA and blended fibers. New Nycon's fibers reduce the need for wire mesh and prolong the service life of all cement-based products for ready-mix, precast, shotcrete, stucco, architectural, and decorative concrete applications.

Pure Earth, Inc.
www.pureearthinc.com

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