Laura Ladd

Tricoya consortium formed

by Laura Ladd on 10 April 2017

In March 2017 Accsys Group announced the entry into and successful completion of a number of agreements to create a consortium pertaining to the financing, construction and operation of the Hull Plant, the world’s first dedicated Tricoya® wood chip manufacturing plant and sales facility, in Saltend Chemical Park in Hull, UK.

Key partners of the Tricoya consortium include BP and Medite. The plant will produce Tricoya Wood Elements using Accsys’ proprietary technology for the acetylation of wood chips.

These acetylated elements are used to manufacture the high performance MDF panels. The panels exhibit outstanding durability and dimensional stability which allow them to be used in exterior and wet area applications once limited to products such as concrete, plastics or metals. With the added benefits of light weight, sustainable raw materials and a guarantee of up to 50 years above ground and 25 years in ground, these revolutionary panels provide architects, specifiers and designers with an entirely new construction material, allowing great design flexibility and endless opportunities for creativity.

MEDITE TRICOYA EXTREME was launched in 2012 and demand has outstripped supply consistently since that time.  Under the Tricoya® Project arrangements, Medite has agreed an off-take agreement under which up to 40% of the Hull Plant design capacity (30,000 tonnes per annum), is to be sold or paid for by Medite.

Two years in the planning, the €68 million venture will see the construction of a new factory adjacent to BP’s existing acetyls facility. Anticipating an accelerating demand, the consortium envisages constructing the plant in such a way that further capacity can be added to the site as required.

Pre-construction engineering and design work for the Hull plant was finished in 2016 and the construction is expected to be completed by early 2019.

For more news please click www.accsysplc.com

 

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Laura LaddTricoya consortium formed

Leading Sustainable Wood Features in ‘Smart’ Garden at RHS Chelsea Flower Show 2016

by Laura Ladd on 23 May 2016
  • Innovative products Accoya® wood and Medite® Tricoya® Extreme feature in the LG Smart Garden at RHS Chelsea Flower Show
  • The garden is designed by acclaimed landscape architect Hay Joung Hwang
  • Accoya wood is included in a water feature, furniture, cladding and pergolas and Medite Tricoya Extreme features in the roof and fascias

The environmentally-friendly modified wood brand Accoya has a starring role at the RHS Chelsea Flower Show 2016, taking place between the 24 and 28th May.

Accoya features in the LG Smart Garden – one of just 16 official Show Gardens at the 2016 event. The garden is inspired by the concept of intelligent homes and demonstrates how technology can be incorporated seamlessly between home and garden.

The minimalist lifestyle garden is designed by acclaimed landscape architect Hay Joung Hwang and acts as a metaphor for modern life, contrasting natural and artificial elements while blending a ‘cool’ Scandinavian style with oriental tranquillity.

Technology is a critical element of the garden and is incorporated throughout the design. Smart technology is used to monitor the garden through plant sensors to track its health. Changes can then be made to the garden’s lighting and irrigation, all accessed via Belkin’s WeMo app from the LG G5 smartphone.

Landscape architect Hay specified Accoya, an environmentally responsible and extremely durable wood product, to create the garden’s show stopping feature – a water wall crafted from wood. The use of Accoya is essential as the wood doesn’t bend and warp like traditional wood products. It is therefore the only wood to remain structurally stable when immersed in water for longer periods of time.

Hay said of the LG Smart Garden: “I wanted to create a relaxing and tranquil garden with a soft romantic feel, contrasting this with technology and showing how the ever connected world can actually assist with our enjoyment of our gardens and outdoor spaces.

“I decided to incorporate a beautifully crafted wooden water wall to add to the levity and movement in the garden, and the cascading water allows light to dance from the structure. This feature could only have been achieved using Accoya. No other wood was an option as Accoya is the only wood to remain stable when immersed in water.

“Accoya is excellent for use outdoors which is why I recommend it to many of my private clients, and have used it at both RHS Chelsea Flower Show and the Chaumont-sur-Loire International Garden Show. It is guaranteed for 50 years above ground, is virtually rot proof and its improved stability means that swelling and shrinkage is reduced by 75% resulting in coatings last twice as long and is so easy to maintain. ”

The garden is crafted by master carpenter Alan Hayward and constructed by leading landscape firm Randle Siddeley, with Accoya and Medite Tricoya Extreme also being specified to create 5.5 metre tall garden pergolas which add height and texture to the garden. These have been incorporated to support the bright and natural look and feel of the garden. Accoya was also used to clad the interior element of the garden.

All of the Scandinavian style furniture is made from Accoya and designed by Dutch furniture design company Maasstoel. Using only sustainable material including Accoya, Maasstoel creates striking yet simple furniture designs and has provided two tables and stools for Hay’s show garden.

Hay is just one of six female designers chosen to exhibit at this year’s show, which is expected to receive over 165,000 people through its doors over the course of five days. Originally from South Korea, Hay now calls London her home and launched her own company, Hay Designs, in 2014.

Hay first came to global prominence after her garden design was chosen for the Chaumont-sur-Loire International Garden Show in France in 2014, where she used Accoya to create the garden ‘The Balance’.

Manufactured by Accsys, Accoya offers outstanding durability compare to the toughest hardwood. Made from FSC® certified wood from legal, manageable and sustainable forests, Accoya is produced using a modification process which creates one of the most advanced modified wood products on the market today.

Laura Ladd, head of marketing at Accsys said: “For Accoya and Medite Tricoya Extreme to be chosen by such an acclaimed designer to be used at the world’s most famous garden show demonstrates the high quality of wood.

“Water features aren’t usually built using wood – traditional softwoods and hardwoods tend to warp and become misshapen easily. This is something which doesn’t happen to Accoya, this is why the product has proved popular for a range of outdoor and even structural applications. From cladding and decking to outdoor furniture, Accoya has proven time and time again that it should definitely be considered the gold standard for outdoor use.”

Accoya is used for a wide range of commercial and home applications including window and door frames, external cladding, large structural projects and decking.

For more information visit www.accoya.com and www.meditetricoya.com

 

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Laura LaddLeading Sustainable Wood Features in ‘Smart’ Garden at RHS Chelsea Flower Show 2016

BP Ventures named as participant in proposed Tricoya Consortium

by Laura Ladd on 11 February 2016

Accsys, the chemical technology group, focused on the acetylation of wood, is pleased to announce that BP Ventures (“BPV”) will participate in a proposed consortium (the “Consortium”) to fund, build and operate the world’s first Tricoya® wood elements acetylation plant.

Tricoya® Wood Elements (www.tricoya.com) are produced using Accsys’s proprietary technology for the acetylation of wood chips, and particles for use in the fabrication of panel products such as medium density fibreboard and particle-board. These products demonstrate enhanced durability and dimensional stability which allow them to be used in a variety of applications that were once limited to tropical hardwood or man-made products.

Accsys and BPV have agreed initial funding in respect of the Consortium, with BPV acquiring a 3% equity interest in Tricoya Technologies Limited (“TTL”), implying a valuation of TTL at €35 million today. BPV’s on-going participation in the Consortium remains conditional upon the full Consortium constitution being finalised later this calendar year with third parties. This is expected to result in significant additional funding from BPV and others to build the dedicated Tricoya acetylation plant.

BPV’s investment follows €1.3m already contributed by it and other Consortium partners since Accsys announced new arrangements for its Tricoya business in April 2015. TTL has now completed the Front End Engineering and Design and detailed planning is continuing for the plant, which is expected to be located at the Saltend Chemicals Park in Hull, UK, adjacent to BP’s existing acetyls facility.

BP’s involvement in the Consortium results from a historical interest in acetylation with some of the initial research and development into wood acetylation having been carried out at its Hull site in the past. BP Chemicals has also been a key partner of Accsys, supplying acetic anhydride for its Accoya plant in Arnhem since agreeing a collaborative strategic relationship in 2012.

The Tricoya plant is expected to have an initial capacity of 30,000 metric tonnes of acetylated Tricoya chips per annum, equivalent to approximately 40,000 cubic metres of panel products. The acetylated chips will be used as feedstock for the production of high performance MDF or particle board panels in a market estimated to be approximately 200 million cubic metres annually. The Consortium envisages constructing the plant in Hull in such a way that further capacity can be added to the site as demand grows.

The Consortium is also expected to include Medite, part of the Coillte group and Accsys’s historic joint development partner. Medite has received board approval in principle to invest in the Consortium and to enter a long-term offtake commitment for up to 60% of the Tricoya plant’s initial annual capacity, subject to finalisation of contracts acceptable to all parties and receipt of approval from Coillte’s shareholder. Medite continues to successfully sell Medite Tricoya Extreme, developing the market ahead of the plant’s construction.

TTL will also continue to exploit the Tricoya intellectual property on a global basis and is exploring the possibility of working with other parties. In this respect TTL has deepened its relationship with Masisa, TTL’s existing licence option holder and one of the largest panel forming companies in the world. Masisa continues to successfully develop the market in South America, selling Masisa Tricoya XB.

Paul Clegg, Accsys CEO and TTL Chairman said “Today’s announcement marks a very exciting moment in the exploitation of our technology platform and development of the long and well established relationship we have with our partners BP and Medite. Tricoya panels, made from Tricoya chips, offer an exceptionally high performing panel alternative for broad use in the construction, joinery and civil engineering sectors the world over. Accsys continues to commit significant efforts to exploiting many wood applications with our unique expertise, as well as continuing to develop the markets for Accoya and Tricoya with all our partners and customers.”

Akira Kirton, BP Ventures, said “We are delighted to be joining this consortium with Accsys and Medite. BP Chemicals has been working with Accsys for a number of years and being able to participate with Accsys to facilitate further downstream integration options for BP is very exciting. This collaboration fits perfectly with BP Ventures’ strategy of investing in new technologies that can be rapidly commercialised in partnership with BP’s operating businesses, leveraging our global reach and presence.”

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Laura LaddBP Ventures named as participant in proposed Tricoya Consortium