Falken Industries Starts Operations at Expanded European Plant
23 November 2011 - 1:20AM
Marketwired
Falken Industries Ltd (FLKI) (OTCBB:FLKI) has started enhanced
operations at the expanded plant for the production of its
biodegradable product line conceptions. Expansion of the existing
European plant will increase production capacity for the
biodegradable collection from 8,000 to 20,000 metric tons per year.
At the same time, FLKI will ramp up compounding capacity for
derivative products in the Clean PlusĀ® branded Eco-pledge certified
biodegradable product conceptions.
"We are already successful in the market with our unique
biodegradable wet wipe productions and the related innovations that
have derived from the policy accent placed on biodegradability. The
larger production capacities will enhance our position
significantly," said Manuel Garcia Communications Officer at FLKI.
"The capacity expansion will also enable us to respond even more
effectively to our customers' wishes."
FLKI wipe and chemical conceptions are in use throughout the
world and the new collection is fully biodegradable under
industrial composting conditions in accordance with International
Chemical Standards for ISO, DIN, JIS & EU Directives. "FLKI's
continuing success lies in large part on its international
research, and the company's well known policy to honor individuals
and innovative projects that are especially committed to
establishing a working culture of diversity within all operations,"
added Garcia.
With this evolution, FLKI is one of the world's leaders in its
industry for bio-based and biodegradable vehicular care product
conceptions. FLKI product conceptions, notably under the Clean
PlusĀ® label are increasingly in demand, and the market for
biodegradable and bio-based products is currently growing by more
than 20 percent per year.
About Falken Industries Ltd:
Falken Industries Ltd (OTCBB:FLKI) is a diversified industrial
conglomerate that operates in Chemicals, Wet Wipe and Biodegradable
Technology. Falken Industries Ltd is the concept behind more than
160 products distributed through a network of global platforms and
the recipient of trade awards for innovations, biodegradability and
environmental and health quality standards. As a reliable partner
FLKI creates chemistry to help distributors and retailers in
virtually all industries to be more successful. With its high-value
products and intelligent solutions, FLKI plays an important role in
finding answers to global challenges such as environmental
protection, energy efficiency, and mobility.
SAFE HARBOR STATEMENT: This news release contains
"forward-looking statements" made pursuant to the safe harbor
provisions of the 1995 Private Securities Litigation Reform Act.
"Forward-looking statements" describe future expectations, plans,
results, or strategies and are generally preceded by words such as
"future," "plan" or "planned," "will" or "should," "expected,"
"anticipates," "draft," "eventually" or "projected." Such
statements are subject to risks and uncertainties that could cause
future circumstances, events, or results to differ materially from
those projected in the forward-looking statements, including the
risks that our products may not achieve customer acceptance or
perform as intended, that we may be unable to obtain necessary
financing to continue operations and development, and other risks.
You should consider these factors in evaluating the forward-looking
statements included herein, and not place undue reliance on such
statements.
Contacts: Falken Industries Ltd Manuel Garcia Communications
Officer +1609 357 0316
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