Resin Systems Inc.

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Contents

[edit] History

Resin Systems Inc. (TSX: RS) is based in Canada. It was founded in 1995 and is currently based out of Calgary but operates in Canada, Europe, Australia, and the U.S. [1].The current President and CEO of the company is Paul Giannelia, whose background is in law and engineering. In 2005, Robert Schaefer became the Chief Financial Officer and Corporate Secretary[2]. Wilmot Matthews, Brian Felesky, Paul Giannelia, James Gray, Dwayne Hunka, and David Williams are currently on the Board of Directors [3].

The company has completed two lines of product: composite poles and composite roller tubes [4].

[edit] Products

RSI makes RStandard modular utility poles and VRoll industrial conveyor rollers from their “own input materials, equipment, and processes” [5]. These are made to substitute for products made, traditionally, by resources like wood, concrete, and metal. Instead of using those customary materials, RSI uses their own innovative Version system that implements “green” polyurethane resin [6]. Version resin is made to be cost-effective and durable [7]. After making the tallest pole constructed out of composites thus far, the company has made a place for itself in the market. This has landed them a contract with two firms in China- one of which “is a preferred supplier” for China’s utility industry. This agreement is estimated to be worth upwards of 36 million U.S. dollars by 2009 as the country is adding about 62,137 miles of transmission lines[8].

[edit] Environmental Record

According to RSI, the way that they make their products allows for less harm to the environment on their end as well as their customers’ end. By making light, durable products, there are less harmful emissions made by maintenance vehicles. No harmful pollutants are released in the manufacture of the products because of the resin that they use [9]. According to GreenPages, RSI’s utility poles are environmentally friendly in that they are recyclable, have no leaching, and release no pollutants during production [10].

[edit] Notes

RStandard, VRoll, and Version are registered trademarks of Resin Systems Inc.

[edit] References

  1. ^ Reliance Steel & Aluminum Co. (RS): Stock Quote & Company Information
  2. ^ About RS
  3. ^ About RS
  4. ^ About RS
  5. ^ RSSYF - Resin Systems Inc. (USA) - Google Finance
  6. ^ Resin Systems Inc. to Present at the Pacific Growth Equities' Clean Technology and Industrial Growth Conference - Press Release
  7. ^ Products
  8. ^ NRC-IRAP - Innovation leaders - 2006 - Resin Systems Inc, Edmonton
  9. ^ About RS
  10. ^ Green Pages - Index 9.9 : General Power Engineering & Misc. - Power Engineering, Feasibility Studies, Consulting, Design and Project Management