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PRESS
RELEASE # 83
( Released Via Business Wire: )
April 19, 2010
April 19, 2010 07:55
AM Eastern Daylight Time
Flame Seal
Products, Inc. and Buckman Sign Exclusive Distribution Contract for U.S.,
Canada, and Mexico
MEMPHIS, Tenn.--(BUSINESS
WIRE)--Forging an alliance that will bring new fire protection
technologies to Buckman's global marketplace, Buckman and Flame Seal Products,
Inc. have agreed to terms for an exclusive distribution agreement for
Flame Seal's fire protection products. Founded in 1945, specialty chemical
provider Buckman serves a wide variety of industries including the paper, water
treatment, coatings, leather, and specialty chemical formulator markets. With
headquarters in Memphis, Tennessee, USA and revenues of over $500 million,
Buckman has a global presence in over 90 countries worldwide, serving customers
on every continent.
"It is incredible to have a company like Buckman as a partner that believes in
the high value of our technologies, and the huge potential we have in so many
markets."
Buckman has established a global reputation for its focus on safety,
health, and environmental stewardship, which is a primary factor in this
partnership. Flame Seal's fire protection technologies are non-toxic,
non-hazardous, and environmentally friendly, yet remain at the highest level of
fire protection performance in the world. This fits perfectly within Buckman's
focus on "green" technologies, and allows both companies to bring a safer
fire-retardant solution to many applications from coatings to fabrics, plastics,
and wood.
The alliance between Flame Seal and Buckman is a synergistic one that provides
tremendous opportunities for both companies. Buckman has acquired a new
technology to offer its customers, and Flame Seal gains a proven marketing and
distribution channel for the United States, Canada, and Mexico.
The new fire protection product line was formally introduced to the world at the
American Coatings Trade Show in Charlotte, NC April 12 - 15, with personnel from
both companies in attendance.
"Buckman is truly impressed with Flame Seal's technology and is excited about
working with them to bring their product line to the industries we serve,"
remarks Chuck Carncross, vice president - performance chemicals. "These
products, which will form the core of Buckman's Flamebloc® GS flame-retardant
series, will open up new markets for us and broaden product choices in existing
markets. We are also evaluating a variety of new applications for the
technology. All in all, we're very pleased to be partnering with Flame Seal and
the solutions it will bring our customers."
"I cannot express our thanks enough, for the commitment, hard work, and
extensive attention to detail that Buckman personnel have shown in their work
with us on this project," says Michael D. Kiser, president, Flame Seal Products,
Inc. "Both sides are excited about our new partnership, and we are all
eager to bring the Flame Bloc ® product line to the North American marketplace."
"It is incredible to have a company like Buckman as a partner that believes in
the high value of our technologies, and the huge potential we have in so many
markets."
About Buckman
Buckman is a privately held, global specialty chemical company with headquarters
in Memphis, Tennessee, USA committed to safeguarding the environment,
maintaining safety in the workplace, and promoting sustainable development.
Buckman works proactively and collaboratively with its worldwide customers in
pulp and paper, leather, and water treatment to deliver exceptional service and
innovative specialty chemical solutions to help boost productivity, reduce risk,
improve product quality, and provide a measurable return on investment.
www.buckman.com
About Flame Seal
Flame Seal trades on PK-OTC, symbol "FLMP"
Flame Seal is a fire retardant technology company that offers a wide variety of
products and technology solutions for a number of diverse applications and
industries. Our products are currently being used on many substrates including
foam, plastic, fabric, wood, paper, metals, etc. We also offer customized fire
retardant solutions for construction, as well as providing fire protection
platforms for many industrial uses.
For over 20 years Flame Seal Products has been in the forefront of fire
prevention technology, developing a reputation of the highest regard for its
research and product development capabilities. The resulting technologies are
water-based, non-toxic, environmentally friendly, and based on unique raw
materials that allow for easy adaptation to diverse industries and applications.
More recently, the Company has tested a number of markets for its many
technologies, and discovered a unique opportunity for tremendous growth.
Contact Information:
Flame Seal Products
(symbol: FLMP)
713-668-4291
www.flameseal.com
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