SIWW, Singapore, Jun. 25, 2009 (Japan Corporate News) -- SIWW, Singapore, June 25, 2009 - (ACN Newswire) Dow Epoxy Systems, a business unit of The Dow Chemical Company (NYSE:DOW) (Dow), and RS Technik Group (including RS Technik, RS Lining Systems and Maxliner) announced today that they will form a global commercial alliance focusing on the sewer pipeline rehabilitation market, specifically on the trenchless technology called cured-in-place pipe (CIPP).
This alliance will combine Dow's high-technology performance resin systems (TSX:RS'R) (TSX:RS) , characterized by high chemical resistance and mechanical properties, with the state-of-the-art CIPP technology developed and owned by RS Technik Group. It will further increase the partners' competitive advantages and differentiate the many benefits they offer versus other CIPP providers. The announcement was made during the International Water Week held in Singapore.
"Dow Epoxy Systems has a strategic focus on the protection of high value infrastructures, or those infrastructures whose failure carry major economic and environmental impact. Sewer pipeline rehabilitation fits squarely within this focus, and it is a key area for business development and growth," said Pepe Carnevale, global general manager, Dow Epoxy Systems. "Dow's global alliance with RS Technik Group represents a significant step forward for Dow in becoming the worldwide leader in epoxy-based solutions for the trenchless industry."
"This alliance with Dow will further enhance RS Technik Group ability to be a global leader in trenchless technology solutions, accelerating our growth and the development of the CIPP technology against other less competitive solutions and the traditional dig-and-replace options," explained Klaus Mueller, President of the Board, RS Technik AG. "The expanding pipeline rehabilitation sector will benefit from the progressive leveraging of Dow Systems solutions, a significant factor in this alliance."
"This alliance will significantly enhance the value to our customers by combining Dow's technology, innovative formulations and industrial strength, high performance products and global reach with RS Technik Group's state-of-the-art technology, experience and proven business model," said Juan Antonio Merino, Dow Systems global general manager. "It is a perfect demonstration of the strategic intent of the newly formed Dow Systems global business unit that combines our Polyurethane Systems and Epoxy Systems businesses.
