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Flooring Industries enters into cooperation with New-Zealand company Panchem on moisture resistant technologiesFlooring Industries enters into cooperation with New-Zealand company Panchem on moisture resistant technologies2013-03-21T23:00:00Z

​Flooring Industries, the IP company of the Unilin group, has entered into a cooperation agreement with Panchem Industries, the New Zealand company that owns the rights to commercialize the Vitec technology. This patented Vitec technology provides greater water and moisture resistance and increases the strength and fire retardancy of cellulose based substrates like for example HDF/MDF, OSB, plywood and Triboard, by treating them with specific chemicals. Panchem Industries has already built a fully automatic plant in New Zealand to produce MDF and HDF products with the Vitec technology, and will now allow other companies to manufacture and sell products using this Vitec technology by using Flooring Industries’ licensing expertise and network.

“We are very pleased to partner up with Flooring Industries”, states Peter Russel, director of Panchem. “We have successfully built a plant in New Zealand, so we were of the opinion that the time was right to have a world-wide introduction of the technology. Since we did not have any interest in setting up manufacturing facilities all over the world ourselves, we believed that licensing out the technology was the best business model for our company. We were therefore immediately interested when we learned that Flooring Industries is not only enforcing and commercializing the well-known clic patents of the Unilin group, but were also offering their services to companies that had unexploited IP. Partnering up with Flooring Industries was the right thing to do seeing their experience and track record in licensing out patented technology.”

For more information on this Vitec technology, please go to www.vitecpanel.com, or contact one of the Flooring Industries’s representatives on the upcoming Domotex Shanghai show (booth K05, Hall N5)

 

 

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