Modified wood leader Accsys Technologies has formed a joint venture with Tennessee-based Eastman Chemical Co to form a new company called Accoya USA. The venture will allow for a new Accoya wood production plant to serve the North American market.
"Accsys’ purpose is ‘changing wood to change the world’, and together with our work in Arnhem and Hull, this joint venture with Eastman represents a further step forward for our growth strategy," said Accsys CEO Rob Harris. "While evaluation works are at an early stage we are excited about the prospect of increasing our total production capacity and global presence, increasing the positive impact we can have on the world."
Accsys' Accoya Wood is a branded process for wood treatment called acetylation, which allows for enhanced durability, stability, performance, and less expansion. The company also makes Tricoya, a high performance MDF panel product made from acetylated wood fibers and backed by a 50-year warranty. For use in exterior and interior applications, the company says it demonstrates durability and dimensional stability in the most extreme and challenging environments.
It's unclear where the plant will be constructed, but the design phase is supposed to finish by first quarter 2021. Accsys says a further update will be provided.
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