Posts Tagged ‘Rubber’

ASX Company News: Carbon Polymers Awarded Victorian Government Roading Contract

Thursday, October 20th, 2011

Carbon  Polymers  Limited  (CBP)  is  pleased  to  announce  to  shareholders  that  it has been awarded  a  Victorian  Government  tender  to  supply  granular  crumb  rubber  to  Sprayline Services. Sprayline  is  the  commercial  contracting  arm  of  VicRoads  and  is  responsible  for  bitumen resurfacing.    Sprayline  utilises  rubber  from  recycled  tyres  and  bitumen.  This  method  is environmentally  friendly,  reduces  water  penetration,  increases  aggregate  retention  and reduces reflective pavement cracking.

The  contract  is  to  supply  2,000  tonnes  of  granulated  rubber  to  Sprayline  in  Victoria,  South Australia and New South Wales.  Sprayline  operates  from  five  Victorian  delivery  centres.    SprayLine  is  a  member  of  the Australian  Asphalt  Pavement  Association,  the  Civil  Contractors  Federation  and  the  Road marking Industry Association Australia.

SprayLine maintains a third party accredited quality standard, and is a pre‐qualified supplier  to the Victorian, New South Wales and South Australian road authorities.  CBP is negotiating with several manufacturers of bitumen products that utilise rubber and will have further updates for shareholders  when  this  comes  to  hand.    This  supply  arrangement will  further  build  on  its existing  sales  and  reinforce  its position  as  the  largest  listed manufacturer of crumb rubber products in Australia.

CBP  operate  a  national  footprint  of  manufacturing  and  processing  facilities  throughout Australia  and  are  dedicated  to  providing  its  customers  with  high  quality  products  with certainty of supply.

www.carbonpolymers.com.au

http://www.traderdealer.com.au/fundamentals/cbp

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