Axion International signs LOI to form global JV with Sicut Holding to target $8B railroad tie market with recycled structural composites
Green Car Congress
JULY 9, 2011
Axion International, a leading producer of industrial building products and railroad ties made from 100% recycled plastic ( earlier post ), has signed a non-binding Letter of Intent (LOI) with Sicut Holding Limited (previously Micron Inc. The JV does not relate to other applications of RSC technology, aside from railroad ties and sleepers.
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