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Accsys to Form Wood-Technology JV with Ineos

9:38 AM MDT | August 1, 2012 | Sotirios Frantzanas

Accsys (Windsor, U.K.) says it has signed a not-legally binding comprehensive heads of terms with Ineos for a 50-50 joint venture that will develop and commercialize Accsys's Tricoya wood elements technology. All future licensing agreements for Tricoya wood elements for use within medium-density fiberboard (MDF), particleboard, and wood plastic composites will be entered into by a new jv between Accsys and Ineos, according to the heads of terms. The agreement follows a number of recent global-growth announcements by Accsys, including the signing of an Accoya...

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