News

Carlisle Companies to Acquire Accella Performance Materials

2 Oct, 2017
  • Adds over $400 million to Carlisle Construction Materials’ Building Envelope
    presence
  • Excellent platform to further penetrate the ~$15B global construction related
    polyurethane market
  • Spray Polyurethane Foam (SPF) and Liquid Applied Roofing (LAR) markets
    experiencing greater than double-digit growth rates
  • Significant synergies of $30 million expected

SCOTTSDALE, ARIZONA, October 2, 2017 – Carlisle Companies Incorporated (NYSE:CSL), a global leader in commercial and industrial building envelope products through its Carlisle Construction Materials (CCM) operating segment, announced today that it has entered into a definitive purchase agreement to acquire Accella Performance Materials, the premier specialty polyurethane platform, from Arsenal Capital Partners for $670 million in cash.

Accella Performance Materials offers a wide range of polyurethane products and solutions across a broad diversity of markets and applications. Accella, headquartered in Maryland Heights, Missouri, has annualized revenue of approximately $430 million with pre-synergy estimated transaction EBITDA margins approaching 15%. First year EPS accretion is expected to be $0.09. Transaction EBITDA margins and EPS accretion are defined under “Non-GAAP Measures,” and reconciled to the most directly comparable GAAP financial measures in the related exhibit.

D. Christian “Chris” Koch, Carlisle’s President and Chief Executive Officer, said: “The acquisition of Accella Performance Materials is part of our well-established strategy of providing customers with highquality, innovative solutions for building envelope applications. Accella provides an excellent adjacent opportunity into the attractive polyurethane market, which includes Spray Polyurethane Foam and Liquid Applied Roofing. Both markets are expected to grow annually at 10-15% through 2020, outpacing broader construction market growth. In addition to accessing new products, new technologies and new markets, Accella delivers profitable market diversity to our CCM business.

With the acquisition of Accella, Carlisle can now offer our customers a portfolio of products that meet an increasing array of their building needs, and can be delivered as a seamless solution or standalone offering. The combined Accella and Carlisle team will bring together significant engineering and industry expertise to create highly engineered solutions for our customers. We look forward to welcoming Accella’s talented team to Carlisle.”

Upon completion of the transaction, the business will be reported as part of the CCM segment.

Conference Call and Webcast
The Company will discuss the Accella Performance Materials acquisition on a conference call at 1:00 p.m. ET Tuesday, October 3, 2017. The call may be accessed live by going to the Investor Relations section of the Carlisle website (http://www.carlisle.com/investor-relations/events-and-webcasts/default.aspx), or the taped call may be listened to shortly after following the live call at the same website location. A PowerPoint presentation will accompany the call and can be found on the Carlisle website as well. The slides will be posted on October 3, 2017.

Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally use words such as “expect,” “foresee,” “anticipate,” “believe,” “project,” “should,” “estimate,” “will,” “plans,” “forecast,” and similar expressions, and reflect our expectations concerning the future. It is possible that our future performance may differ materially from current expectations expressed in these forward-looking statements, due to a variety of factors such as: increasing price and product/service competition by foreign and domestic competitors, including new entrants; technological developments and changes; the ability to continue to introduce competitive new products and services on a timely, cost-effective basis; our mix of products/services; increases in raw material costs which cannot be recovered in product pricing; domestic and foreign governmental and public policy changes including environmental and industry regulations; threats associated with and efforts to combat terrorism; protection and validity of patent and other intellectual property rights; the successful integration and identification of our strategic acquisitions; the cyclical nature of our businesses; and the outcome of pending and future litigation and governmental proceedings. In addition, such statements could be affected by general industry and market conditions and growth rates, the condition of the financial and credit markets, and general domestic and international economic conditions including interest rate and currency exchange rate fluctuations. Further, any conflict in the international arena may adversely affect general market conditions and our future performance. We refer you to the documents we file from time to time with the Securities and Exchange Commission, such as our reports on Form 10-K, Form 10-Q and Form 8-K, for a discussion of these and other risks and uncertainties that could cause our actual results to differ materially from our current expectations and from the forward-looking statements contained in this press release. We undertake no obligation to update any forward-looking statement.

Non-GAAP Measures
The following measures are not presented in accordance with generally accepted accounting principles (“GAAP”) and should be viewed in addition to, and not as an alternative to, the most directly comparable GAAP measures. Reconciliations of the following non-GAAP measures to the most directly comparable GAAP measures are included in the attached exhibit.

This press release contains a statement that Transaction EBITDA margin is approaching 15% which is calculated by dividing Transaction EBITDA by Accella’s annualized revenue. Transaction EBITDA represents an estimate of Accella’s annualized net income adjusted to exclude interest expense (net of interest income), income taxes, depreciation and amortization, as well as other adjustments related to certain income, costs and expenses, including adjustments to annualize amounts related to recent Accella acquisitions.

In addition, this press release includes a non-GAAP measure of the expected accretive impact of the proposed transaction to Carlisle’s EPS, based on internal projections of the incremental net loss generated by the acquired business in the first twelve months post-acquisition, excluding year one transaction costs.

About Carlisle Companies Incorporated
Carlisle Companies Incorporated is a diversified, global portfolio of niche brands and businesses with highly engineered and high margin products. Carlisle is committed to generating superior shareholder returns by combining a unique management style of decentralization, entrepreneurial spirit, active M&A, and a balanced approach to capital deployment, all with a culture of continuous improvement as embodied in the Carlisle Operating System. Carlisle’s markets include: commercial roofing, agriculture, mining, construction, aerospace, defense, foodservice, healthcare, sanitary maintenance, transportation, industrial, protective coating and auto refinishing. Carlisle’s worldwide team of employees generated $3.7 billion in net sales in 2016. Learn more about Carlisle at www.carlisle.com.

CONTACT: Steven J. Ford
Vice President of Investor Relations,
Secretary & General Counsel
Carlisle Companies Incorporated
(480) 781-5000
http://www.carlisle.com

Carlisle Companies Inc.
GAAP to Non-GAAP Reconciliation
Amounts in Millions, except earnings per share, margin and multiple

Arsenal Announces Sale of Accella Performance Materials to Carlisle Companies

2 Oct, 2017

NEW YORK, October 2, 2017 – Arsenal Capital Partners (“Arsenal”), a leading private equity firm that invests in middle-market specialty industrials and healthcare companies, announced today that it has signed a definitive agreement to sell Accella Performance Materials (“Accella”), a leading North American specialty polyurethane platform, to Carlisle Companies Incorporated (NYSE: CSL) (“Carlisle”) for $670 million.

Accella offers a broad range of polyurethane products and solutions across many markets and applications globally. The company, headquartered in Maryland Heights, Missouri, has annualized revenue of approximately $430 million and operates out of 10 manufacturing facilities and seven R&D laboratories in the U.S., Germany, and China.

Roy Seroussi, a Principal at Arsenal, said, “Since our initial investment in 2012, Accella’s revenue and EBITDA increased by 7x and 8x, respectively, through a focused organic growth strategy and nine strategic acquisitions. The company has become a market leader in several rapidly growing end markets, such as spray foam insulation, as well as roofing solutions and polyurethane truck bed liners.”

John Televantos, a Partner at Arsenal, added, “Arsenal’s investment in Accella stemmed from our extensive experience in the polyurethane sector and focus on formulated materials that provide enhanced performance. We have been very pleased with our partnership with Andy Harris and the management team that helped us to transform and rapidly scale Accella. Accella is well-positioned to continue to grow under Carlisle’s ownership.”

Andy Harris, Accella’s President and CEO, commented, “We look forward to joining the Carlisle family of companies. Carlisle’s focus on culture, technology, markets and value creation are highly complementary with Accella and provide significant opportunities for our customers. I would like to thank Arsenal for its strong support of Accella’s growth and development over the past five years.”

This transaction represents the third exit in 2017 from Arsenal’s third fund, following the sales of Flowchem to KMG Chemicals in June 2017 and Certara to EQT in August 2017. Cumulatively these three exits represent $2.0 billion of enterprise value, a $1.5 billion increase from initial acquisition. Arsenal continues to invest in new portfolio companies from its $1.3 billion fourth fund raised in 2016, including recent acquisitions of PolyOne Corporation’s Designed Structures and Solutions business in July 2017 and of Cyalume Technologies in September 2017.

The transaction is subject to customary closing conditions and regulatory approvals, and is expected to be completed in the fourth quarter of 2017.

Lazard Middle Market LLC is serving as financial advisor to Accella. DLA Piper LLP and Benesch, Friedlander, Coplan & Aronoff LLP are serving as legal advisors to Accella.

About Arsenal Capital Partners
Established in 2000, Arsenal Capital Partners is a leading private equity firm that specializes in investments in middle-market specialty industrials and healthcare companies. Since inception, Arsenal has raised institutional equity investment funds of approximately $3 billion. Arsenal invests in industry sectors in which the firm has significant prior knowledge and experience and seeks companies typically in the range of $100 – $500 million of initial enterprise value. The firm works with management teams to build strategically important companies with leading market positions, high growth, and high value-add.

For more information, please visit: www.arsenalcapital.com

About Accella Performance Materials
Accella is a leading manufacturer of custom formulated polyurethane systems, and polyurethane based recycled rubber products formed from the strategic combination of Dash Multi-Corp, MarChem, Arnco, Pathway Polymers, Ultimate Systems, RB Rubber, IPS Polymer Systems, Zeus, Premium Spray Products, Coating & Foam Solutions, Burtin Polymer Labs, Quadrant Spray Foam and Covestro’s Spray Foam business. The polyurethane business is focused on foams, binders, coatings, adhesives, sealants and elastomers. The recycled rubber products business manufactures recycled tire crumb, custom colored EPDM granules, custom and rolled matting, equine matting, athletic flooring, playground safety surfacing and various custom molded products, all based on Accella polyurethane technology. The company manufactures in 10 production facilities across the United States, Europe and China.

For more information, please visit: www.accellacorp.com

Accella TyrFil™ Flatproofing: Making a Difference on the Ground in the Iraqi Military Theater

21 Sep, 2017

Accella TyrFil™ polyurethane fill product line for pneumatic tires is well known to make a measurable fiscal and operational impact on Off-the-Road (OTR) heavy equipment productivity and safety in applications including construction, mining and material handling. But it may not be as widely known that our Accella TyrFil™ flatproofing technology has positively supported military endeavors on the other side of the globe for nearly 50 years.

TyrFil™ flatproofing is military-approved and has been battle-tested again and again to ensure that it’s the most reliable flatproofing technology in the industry—offering trusted support for vehicles and their tires in even extreme scenarios such as small arms fire assaults, IED blasts and driving over jagged rocks, glass, debris and rebar.  Because of the durability of tires filled with TyrFil™ flatproofing, they can handle unusual levels of wear and tear that traditional pneumatics cannot, plus they deliver a far smoother, less bumpy ride than solid aperture tires – making them more comfortable and safer for operators.

Accella recently received positive feedback regarding the successful performance of its TyrFil™ RePneuTV-filled 966H Wheel Loader installation in the war theater in Iraq.  Local Iraqi operatives fighting Islamic State terrorist forces frequently use front wheel loaders (aka bulldozers) as substitute makeshift super “tanks”. Unlike other breaching equipment, such as specialized explosives or specifically outfitted tanks, bulldozers can clear obstacles while creating ad hoc defenses.  This type of equipment, which the Iraqi military bolsters with additional armaments, has been used successfully in the battles to secure Ramadi, Fallujah, and eastern Mosul.

Even if the vehicle sustains considerable small arms fire damage, it will be able to continue to carry out its dangerous mission behind enemy lines – in large part because of the tires it is riding on.  Accella’s flatproofing technology help to keep the loader mobile and operational throughout the course of its duty.  Clearly, any traditional or reconfigured military vehicle without an ironclad tire flatproofing solution would be rendered useless and ineffective, leaving offensive troops quickly vulnerable.

This is just one of many examples of unique “in the field” performance where Accella’s TyrFil™ flatproofing technology is front and center stage – playing a pivotal role in ensuring the effectiveness of the tire…and the vehicle.  Because of its ability to safeguard tires from wear/tear and denigration, tires filled with TyrFil™ flatproofing can weather innumerable harsh conditions, making Accella’s flatproofing technology a game-changing solution—whether it’s for commercial, industrial or military applications.

Added Accella Tire Fill Systems Vice President Joe Negrey:  “Our polyurethane tire fill, marketed as TyrFil™, is extremely resilient and can withstand extreme tire damage under myriad dangerous conditions.  This performance translates directly to ensuring better vehicle operator safety.  We hope that our commercial and industrial customers won’t ever need to withstand the same ‘rigors of battle’ on the job that military forces must endure.  But if they do, our customer-operators can rest assured they’re sending out their OTR vehicles equipped with the most reliable tire flatproofing technology on the market.”

Because of the field performance of TyrFil™ in Iraq’s street skirmish warfare – Caterpillar (the supplier of the 996H Wheel Loader) recently placed additional orders for filled assemblies – another example of why Accella Tire Fill Systems and its branded TyrFil™ flatproofing product line have become the definitive “go to” source for the polyurethane tire fill industry worldwide.

For more information about TyrFil™ flatproofing products and technology solutions, please visit www.AccellaTireFill.com.

TyrFil™ Ultra Keeps Automated Equipment Rolling at the QingDao AGV Port

28 Aug, 2017

QingDao AGV Project is the first Automated Operation Port in Asia. Tire failures pose big problems at an automated port because no one is allowed to go inside during operational hours for tire maintenance, resulting in increased downtime. Due to the heavy loads and long operating hours, the QingDao AGV Port was experiencing numerous tire failures, bead cracks and sidewall damage.  These tire failures were also causing damage to the equipment resulting in additional downtime and repair costs. After consulting with Accella Tire Fill Systems and Jiaxing Uniwell Hi-Tech Material, Inc. for a solution to these tire-related problems, the QingDao AGV Port agreed to test TyrFil™ Ultra Flatproofing in 18.00-25 sized tires on the ZPMC Reach Stacker and RGT equipment.

The results were significant. Not only were tire failures eliminated, but there were also several additional benefits of using TyrFil™ Ultra. Since the QingDao AGV Port is battery operated, maximizing battery life is of upmost importance. Rolling resistance is one major culprit of draining a battery.  TyrFil™ Ultra reduces tire deflection which decreases rolling resistance, therefore; increasing battery life and providing easier steering. Additionally, TyrFil™ Ultra provides better breaking ability allowing the AGV Equipment to stop at the right point to receive the container. Lastly, TyrFil™ Ultra offers improved stability and increased shock absorption easing stress on equipment components.

Click here to view detailed testing data and information.

TyrFil™ Ultra is the Solution for Automated Equipment:

  • Eliminates maintenance due to tire failures
  • Promotes safety by eliminating tire blow-outs
  • Improves equipment stability with increased traction
  • Reduces brake-slipping compared to pneumatic tires

QingDao Port Managers were satisfied with the testing results and approved TyrFil™ Ultra to be widely used at the port. The enhanced endurance of a pneumatic tire filled with TyrFil™ flatproofing provides the overall best ROI.

TyrFil™ – It’s What’s Inside That Counts! For more information, please visit www.accellatirefill.com.

TyrFil: It’s What’s Inside That Counts!

18 Jul, 2017

Accella’s market-leading polyurethane tire fill, commonly referred to in the industry as foam fill, offers the most cost effective tire flatproofing solution for commercial and industrial heavy equipment. Formulated for improved safety and productivity, tires filled with TyrFil™ flatproofing will never go flat, even in the most hazardous and rugged environments. Our TyrFil™ flatproofing solution has led the industry for the past four decades. This patented formula ensures that heavy equipment can easily glide over the rocks, glass, rebar and other elements that are typically found in construction or Off-the-Road (OTR) applications. TyrFil™ flatproofing use directly saves time and money for field operators and with the lowest g-force transmission, it can help protect equipment operators from the repetitive motion injury of Whole Body Vibration (WBV).

TyrFil™ flatproofing was developed nearly 50 years ago – and it’s a solution that is backed with some of the best chemistry and R&D in the industry. TyrFil™ flatproofing can be easily pumped into any pneumatic tire to replace air with a resilient, synthetic elastomer core that will eliminate flats, and vastly reduce tire wear, tear and denigration. TyrFil™ flatproofing also delivers the reliability required for rigorous applications ranging from mining, to agri-business, to construction, to military use.

Additionally, TyrFil™ flatproofing is a sustainable choice. During the past few years, Accella Tire Fill Systems has proved that innovation and sustainability can coexist and become a competitive advantage. By using one of our tire fill recycling systems, virgin TyrFil™ flatproofing can be mixed with either used tire fill, crumb rubber, or even previously mixed material, eliminating the environmental impact of sending used polyurethane and used rubber to the landfill. Accella is committed to continuously developing new tire fill products and systems that reduce our customers’ carbon footprint.

So, why is it what’s inside that counts?
Quality Formulas and Best Practice Materials Handling = High Performance

Plain and simple, quality formulas and best practice tire filling methods determine the integrity and success of the entire TyrFil™ flatproofing solution. TyrFil™ flatproofing is offered to the marketplace in different grades designed to accommodate a particular load, along with specific ride and traction requirements for a given application. A properly filled pneumatic tire provides a smoother quality ride that eliminates the “rough ride” often delivered by solid aperture tires. A smoother ride eases back, neck and head strain and can protect the equipment operator from WBV and other occupational safety issues related to the “jarring” of the human body. It also eliminates flat tires in OTR conditions that could impair equipment stability – and disrupt productivity.

For this reason, following best practice materials handling protocol is absolutely essential.

Our company Accella Tire Fill Systems – formerly ArncoPathway – has been committed for the past 40 years to adhering to and advancing industry best practices when it comes to polyurethane flatproofing technology. We believe this commitment to quality benefits and supports the entire polyurethane tire fill and OTR heavy equipment sector, not just our own brand.

Our industry, just like any industry, has gone through an evolution over the decades – constantly working to improve gold standard expectations and to advance protocols. Practices that were once viewed as being acceptable and bringing added value to customers have since been debunked. These include the practice known in the industry as “chunking” – or mixing non-pure materials into the polyurethane tire fill formula to defray overhead and production costs. From a technical perspective, chunking is the process of cutting up large polyurethane flatproofing scraps from previously discarded tire filled carcasses and utilizing them and/or other materials in new carcasses, encapsulated in polyurethane liquid tire fill.

Not only is this practice unethical, it’s unsafe. It most importantly risks the stability of tire fill’s performance – and also, sadly, has cost many valued reputations within the tire fill industry, affecting dealers by negative association who were not to blame. Dealers who were 100 percent in compliance with materials handling protocols and committed only to delivering a product constitution with the highest quality suffered because of the lingering bad practices of a minority of industry participants – and this is unfortunate.

Accella Tire Systems and its entire network of dealers would like to change these misnomers. Our TyrFil™ flatproofing product line is developed with the utmost integrity and quality assurance. We believe that proper materials handling is absolutely critical. Our dealers go through a rigorous training and certification process to assure the highest standards of production and technical compliance and performance. That’s why we take our moniker – “It’s What Inside That Counts” very seriously.

But when standards are compromised, it can affect an entire industry. That’s why Accella remains dedicated to playing a strong role in advancing product integrity and proper materials compliance across our category, in the same way that other gold standard bearers in the industry, such as the Tire Industry Association, continually advocate for safety throughout the tire industry.

Accella invites ALL within our industry space to work together to take our category to the next level and ensure that best practices for materials handling finally become synonymous with today’s tire fill technology, a flatproofing platform whose time has come and that offers tremendous economic and safety advantages to the marketplace.

TyrFil – It’s What’s Inside That Counts!

Accella Tire Fill Systems’ “One Tote, One Tree” Campaign Helps Restore Shoshone National Forest in 2017 through Ongoing Tree Planting Partnership with American Forests

12 Jul, 2017

The Accella brand, in concert with its TyrFil™ customers and distributors, has planted more than 142,000 trees, including new reforestation of whitebark pines in Wyoming
 

ST. LOUIS, MO – JULY, 12, 2017 – Accella Tire Fill Systems (www.accellatirefill.com), a division of Accella Performance Materials, has fulfilled another year in its ongoing dedication to planting new trees in partnership with American Forests, the nation’s oldest non-profit conservation organization. Teaming up with its customers, aftermarket dealers and distributors around the world, Accella – which is the leading manufacturer of eco-friendly polyurethane tire fill for pneumatic tires – to date has planted more than 142,000 new trees to help restore forests destroyed by natural disasters. The initiative is part of the company’s industry-leading “One Tote, One Tree” green campaign (www.onetoteonetree.org), through which one tree is planted for every tote of Accella’s tire fill product purchased.

For 2017, Accella’s donation is helping American Forests in its work with the US Forest Service to plant more than 40,000 whitebark pines in Shoshone National Forest, which is part of the Greater Yellowstone Ecosystem in Wyoming. The restoration of the Shoshone’s Wind River Ranger District is part of a decade-long reforestation project, countering the blister rust and mountain pine beetles that have decimated the area and led to tree mortality exceeding 80 percent in some places. These conditions increase susceptibility to wildfire, and the Burroughs Creek Fire there in fall 2013 destroyed more than 1,700 acres.

“Accella Tire Fill Systems continues to prove itself a steadfast partner to American Forests, consistently demonstrating the great role of corporate responsibility and how it helps us accomplish our timely and critical work,” said Lea Sloan, VP of Communications, American Forests. “Accella’s `One Tote, One Tree’ program is a perfect example of how a company can include its customers and affiliates in the effort to give back to the environment, in a particularly sustaining manner. Accella’s choice to focus on the whitebark pine reforestation is especially exciting as these special trees not only provide habitat to a wide variety of species – the Shoshone is home to the largest population of bighorn sheep and some of the last remaining grizzly bears in the contiguous US – but these pines also act as ecosystem rejuvenators after wildfire. This is essential reforestation at its finest.”

Accella Tire Fill Systems is dedicated to improving sustainability across the global Off-the-Road (OTR) tire marketplace. In its 45+ year history, Accella has become the industry’s market leader in tire fill solutions by focusing on developing eco-friendly flatproofing alternatives for industrial, construction and mining vehicles, along with other Off-the-Road equipment. The company’s patented TyrFil™ flatproofing solution may be pumped into any pneumatic tire to replace air with a resilient, synthetic elastomer core, ensuring both robust tire performance and less solid tire waste going into landfills. The result is increased comfort for heavy equipment operators, improved performance and safety, defrayed operator costs and better protection for the environment.

“As a zero waste, zero emission manufacturer, Accella Tire Fill Systems is dedicated to sustainability as a long-term strategic business focus, and partnering with American Forests is a natural extension of that orientation,” noted Joe Negrey, Vice President of Accella Tire Fill Systems. “Our `One Tote, One Tree’ program exemplifies this philosophy by enabling our global network of distributors, OEMs and aftermarket dealers to join the effort to heal damaged fire zones like the Shoshone National Forest. Together, we are illustrating how businesses can turn innovation and sustainability into a winning formula, for the company and for the planet.”

For additional information, please visit www.accellatirefill.com

About Accella™ TyrFil™ Flatproofing
Accella shapes ideas that enhance our lives through improved comfort, safety, sustainability and performance. Accella Tire Fill Systems manufactures the only shock absorbing, flatproofing solution – TyrFil. TyrFil™ flatproofing is a polyurethane liquid that is pumped into pneumatic tires to replace air with a resilient, synthetic elastomer core – eliminating dangerous and costly flat tires on OTR equipment while offering a smoother, safer flatproofed ride. Since TyrFil™ flatproofing extends tire life, it reduces the need for tire replacement and drastically eases environmental strain by helping to keep whole tire and scrap tire waste – and the unwanted emissions and carbon footprint they create – out of domestic and international landfills. With TyrFil, “it’s what’s inside that counts.”

About American Forests
Founded in 1875, American Forests has served as a catalyst for many key milestones in the conservation movement, including the founding of the US Forest Service, the national forest and national park systems, and literally thousands of forest ecosystem restoration projects and public education efforts. Since 1990, American Forests has planted more than 50 million trees in forests throughout the US and in dozens of countries, resulting in cleaner air and drinking water, restored habitat for wildlife and fish, and the removal of millions of tons of carbon dioxide from the atmosphere. Learn more at www.americanforests.org.

Accella Tire Fill Systems Announces Simplified Name Changes to its Legacy Line of TyrFil® Polyurethane Formulations

16 Nov, 2016

Accella Tire Fill Systems Announces Simplified Name Changes to its Legacy Line of TyrFil® Polyurethane Formulations

tyrfil-logo-web
ST. LOUIS, MO—November 16, 2016—Accella Tire Fill Systems (www.accellatirefill.com) announced today that it’s TyrFil® branded line of polyurethane tire fill formulations will begin transitioning to a simpler unified naming convention beginning December 1, 2016. The conversion will be completed by early next year. Under the new nomenclature, Accella Tire Fill Systems, formerly ArncoPathway, will continue to offer its same market-leading, high-performing polyurethane tire fill products that are the hallmark of the brand under a simpler product family approach.

Accella’s patented TyrFil® flatproofing solution has been the “foam fill” industry gold standard for nearly 50 years. Polyurethane tire fill can be easily pumped into any pneumatic tire to replace air with a resilient, synthetic elastomer core that will eliminate flat tires. TyrFil® is the optimal choice, offering the smoothest flatproofed ride and vastly reducing equipment wear, tear and denigration – especially in comparison with solid apertures tires – for the construction, mining, material handling, waste management, military and equipment rental industries.

Accella distributes TyrFil® through its worldwide network of OEMs, aftermarket dealers and distributors and offers the product line in a variety of formulations designed for specific durometer requirements and applications. By January 1, 2017, the new TyrFil® product family names will be as follows:

TyrFil Flex (formerly TyrFil LD & SuperFlex) – With a durometer of 10, this formula has the lowest durometer for maximum deflection and an air-like ride.

TyrFil Utility (formerly TyrFil XL) – With a durometer of 20, this formula offers a soft ride and ample deflection in more demanding applications.

TyrFil Pro (formerly RePneu OEM & TyrFil G2) – With a durometer of 30, this formula is a general-purpose material used in 90% of tire fill applications.

TyrFil Premium (formerly RePneu II) – With a durometer of 30, this formula offers greater heat resistance for longer runs and optimum performance.

TyrFil Ultra (formerly RePneu & TyrFil MG) – With a durometer of 30, this formula delivers the highest heat dissipation properties for extreme applications.

TyrFil HeviDuty (formerly Hevi Duty & TyrFil HD) – With a durometer of 55, this formula provides minimal tire deflection for extreme load at slow speeds.

The simplified product family consolidation provides customers with the option and flexibility to purchase all of Accella Tire Fill Systems’ tire productivity technologies from any of its manufacturing facilities: TyrFil®, TLC, ReSeal, and Carefree Tire. The only significant change that the aftermarket dealer and OEM marketplace will see is updated product information on labels, invoice line items, safety datasheets, and technical datasheets.

“We’re pleased to unveil our new TyrFil® product families to reflect what the entire industry has always known about our formulations: `It’s what’s inside that counts’,” said Joe Negrey, Vice President of Accella Tire Fill Systems. “TyrFil® can be counted on to continue to provide the same trusted product quality and consistently high level of customer service that has been the absolute bedrock of our business for more than four decades. Our foam fill offerings not only eliminate flat tires and offer the smoothest flatproofed ride in the industry, but they deliver a sustainable, eco-friendly alternative that will help our dealer-customer network to reduce carbon footprint, while reaping cost savings and other performance benefits.”
For more information about the Accella TyrFil® line, please visit www.AccellaTireFill.com.

About Accella Tire Fill Systems
Accella shapes ideas that enhance our lives through improved comfort, safety, sustainability and performance. TyrFil®, Accella Tire Fill System’s patented tire fill, also known as foam fill, can be pumped into any pneumatic tire to replace air with a resilient, synthetic elastomer core that completely eliminates dangerous tire flats in commercial and industrial heavy equipment vehicles. Since TyrFil reduces the need for tire replacement, it directly helps to defray vehicle repair costs and also drastically eases environmental strain by helping to keep whole tire and scrap tire waste – and the unwanted emissions and carbon footprint they create – out of domestic and international landfills.

TyrFil transfers significantly less g-force resulting in a smoother, safer ride compared to solid aperture tires. Excessive g-force transmission, commonly known in the industry as Solid Shock, can produce premature damage to the equipment and injury to the operator. Prolonged exposure to Solid Shock can induce Whole Body Vibration (WBV) a measurable muscular-skeletal and neurological injury. These real occupational hazards can cost companies hundreds of thousands of dollars. With TyrFil, “it’s what’s inside that counts.”

Press Contact:
Al Restaino
VP Marketing
330-714-3570
arestaino@accellacorp.com
www.accellacorp.com

Accella Tire Fill Systems, Makers of TyrFil®, Conducts Extensive Field Testing on “Solid Shock” Prevention for the OTR Equipment Industry

5 Oct, 2016

Accella Tire Fill Systems, Makers of TyrFil®, Conducts Extensive Field Testing on “Solid Shock” Prevention for the OTR Equipment Industry Results Shared on New Online Information Site at NoMoreSolidShock.com

ST. LOUIS, MO – October 5, 2016 – Accella Tire Fill Systems, the manufacturer and marketer of the industry’s leading polyurethane flatproofing solution, TyrFil®, today announced the results of an in-depth field study to test the impact of what’s known in the tire industry as “Solid Shock.” The company also unveiled a new industry-facing awareness campaign to help prevent its negative impact and the effects of unwanted Whole Body Vibration (WBV) on operators of Off-the-Road (OTR) equipment. Solid Shock refers to the G-Force vibration emitted to both operators of OTR vehicles – and the equipment itself – from the use of solid aperture tires. Not only is Solid Shock a major source of premature wear and tear on equipment, it is also a leading cause of operator injury and may cause chronic WBV.

To showcase just how significant the impact of Solid Shock really is, Accella teamed up with Transportation Research Center (TRC), Inc., North America’s leading independent automotive proving grounds, to compare the G-Force transmission of polyurethane-filled pneumatic tires versus solid aperture tires. The study, conducted in May 2016, examined solids, which use high durometer components and deliver a harder, higher impact ride, in contrast to polyurethane-filled pneumatic tires, which have lower durometer components that are able to absorb more impact and deliver a less jarring ride that is safer and more comfortable for operators. A second independent corroborating study was conducted in July 2016. The conclusive findings are currently available on a new information and resource portal at www.NoMoreSolidShock.com.

Because polyurethane filled pneumatic tires provide a smoother overall ride, they are the optimal solution for the construction, mining, material handling, equipment rental, ground support equipment, waste management, military and agriculture industries. The use of tire fill, commonly known in the industry as foam fill, enables operators to distribute load (to better match the properties of the filling medium with the tire and equipment engineer’s intended load deflection characteristics), thereby decreasing G-force transmission to both the equipment and operator. This premise was exemplified by the findings revealed in both the field testing and subsequent analysis.

The first field test, conducted in May 2016 by TRC at their test site in East Liberty, OH, featured a Wheel Loader using 26.5X25 New Firestone L5 Slicks with Accella TyrFil® at 55psi and 26.5X25 New Revolution solid aperture tires. Accelerometers were placed on each axle, measuring acceleration in the x, y, and z axes. One triaxial accelerometer was placed in the cab at the base of the seat. Acceleration measurements were recorded at 100 Hz. A total of 10 sensors were placed in the vehicle. Runs were conducted over three courses at 5mph and 8mph.

The second independent study, conducted in July 2016, measured and recorded total vibration and WBV levels on a Telehandler at a constructed test track facility in Rome, GA. The study examined differences in vibration levels between the use of solid aperture tires and Armstrong tires filled with Accella TyrFil® on a single piece of equipment on the track designed to approximate conditions that might be found at an industrial or construction site.

The test results from both field studies were significant. In the May study, conducted by TRC, test results proved that pneumatic tires using Accella TyrFil® outperform solid aperture tires in creating less G-force. On average, tire-filled pneumatics transferred 36% less equipment stress and 41% less adverse Whole Body Vibration effects to operators. Specifically, the TRC results demonstrated measurably lower vibration levels in the cabin (floor-mounted accelerometer at the seat mounting) for polyurethane fill tires versus the solid tires on both Durability and Cobblestone tracks.
Dr. Helmut Paschold, PhD., CSP, CIH Assistant Professor, Department of Safety Sciences, Indiana University of Pennsylvania, a consultant for the project, offered further analysis and concurred that the measured cabin Gavg and Gmax values clearly support a claim of reduced vehicle cabin vibration with the use of Accella TyrFil® product in pneumatic tires when compared to solid aperture tires.

In the second independent test, utilizing a telehandler, conducted in July 2016, indications corroborated the May 2016 Wheel Loader findings. The Armstrong tires presented the lowest WBV values, both r.m.s. and VDV, loaded and unloaded, among the tires both on the cabin floor and seat/operator interface.

“The WBV differences are not random, but are significant,” explained Dr. Paschold. “The data obtained on the cabin floor should be of greatest interest as it discounts the effects of the vehicle seat. Careful selection of an effective, properly adjusted vibration-attenuating seat coupled with the use of Accella polyurethane fill in select tires can greatly reduce WBV exposure levels and associated human health risk.”

When OTR operators select solid apertures tires, their drivers may be at risk for a series of adverse WBV health affects causing muscular-skeletal and neurological injury. In addition to the negative physical and health effects for OTR heavy equipment operators in the construction, mining, military and industrial fields, exposure to constant and severe vibrations can also create premature fatigue and wear and tear to the OTR equipment fleet – impacting suspension systems, including axles and other expensive parts, and causing costly equipment damage.

“When WBV vibration results from excessive G-force transmissions from solid aperture tires, it can cost OTR operators both time and money—and severely impede on-the-job productivity,” said Joe Negrey, Vice President of Accella Tire Fill Systems. “Often times, industrial equipment operators may be totally unaware of the extreme toll that the ‘rough ride’ from solid aperture tires can take on their expensive vehicles – and, most importantly, on their workers. Tire-filled pneumatics can vastly reduce this risk, while virtually guaranteeing a flatproofing solution for the heavy equipment industry that offers strong value and financial return.”

For more information on how to reduce Solid Shock through the use of polyurethane liquid-filled tires and prevent the potential impact of WBV, please visit www.NoMoreSolidShock.com.

About Accella Tire Fill Systems
Accella shapes ideas that enhance our lives through improved comfort, safety, sustainability, and performance. TyrFil®, Accella Tire Fill System’s patented polyurethane tire fill, also known as foam fill, can be pumped into any pneumatic tire to replace air with a resilient, synthetic rubber core that completely eliminates dangerous tire flats in commercial and industrial heavy equipment vehicles. Since, TyrFil reduces the need for tire replacement, it directly helps to defray equipment repair costs and also drastically eases environmental strain by helping to keep whole tire and scrap tire waste – and the unwanted emissions and carbon footprint they create – out of domestic and international landfills. With TyrFil, “it’s what’s inside that counts.”

Accella’s New TLC Tire and Rim Protection Formulas for the OTR Mining Industry Deliver the Most Effective Corrosion Protection on the Market

20 Sep, 2016

Accella’s New TLC Tire and Rim Protection Formulas for the OTR Mining Industry Deliver the Most Effective Corrosion Protection on the Market

ST. LOUIS, MO – September 20, 2016 – Accella Tire Fill Systems announced availability of its newest TLC Tire and Rim Protection line, designed specifically for Off-the-Road (OTR) mining equipment. Accella, makers of the patented TyrFil® polyurethane liquid fill, now offers its TLC line in four distinct formulations – HT, Pro, Extreme, and Tundra. TLC acts as a coolant – conditioning the wheel and coating the inside of rims to protect them from rust and deterioration. Accella’s new tire and rim protection offering was determined by independent field testing to be highly effective in reducing corrosion therefore extending tire life and safeguarding against premature equipment failure.

Offering the best continual vapor dispersion to extend the life of both tires and rims, the new advanced rust-inhibiting technology utilized in Accella’s latest TLC product line delivers superior resistance against corrosion even in the most extreme weather conditions, available in freeze protection levels from 20° F to -40° F. The new line will be featured at the mining industry’s biggest global event, MINExpo International 2016 in Las Vegas, September 26-28th.

TLC Tire and Rim Protection liquid helps to prevent corrosion for longer tire life, easier tire changes, reduced downtime and costs, and overall safer operation. The TLC formulas are also non-toxic, non-flammable and non-hazardous – making them the most comprehensive and versatile form of wheel and rim corrosion protection in the tire industry.

“Corrosion is a significant issue in the OTR mining space,” explains Joe Negrey, Vice President of Accella Tire Fill Systems. “It causes immeasurable damage to both mining equipment wheels as well as tires while negatively impacting equipment performance and reliability, making vehicles potentially unsafe for operators. Our expanded TLC formulations offer the best protection in the industry, and have been rigorously tested to endure even the most severe heat and cold extremes.”

To prove the strength of TLC products, Applied Technical Services, Inc. (ATS), one of the industry’s top tier consulting engineering firms and independent labs with extensive testing and inspection capabilities, conducted a series of rigorous corrosion tests on Accella’s TLC Tire and Rim Protection and compared them to other industry leading products.

For the corrosion testing, ATS constructed specialized chambers to simulate a year of field use in a Mining OTR tire that operates at up to 176°F on a two-shift basis. To achieve this, corrosion testing was conducted at extreme temperatures of 212° and 100 PSI. The results said it all: At the end of a 30-day test, the sample steel coated in TLC PRO had only a 0.005% reduction in weight. The competition sample had corroded over 2.6 times as much, with a 0.013% weight loss. The significant difference in weight loss between the samples offers proof of performance of much higher levels of corrosion protection from TLC products.

The direct impact for OTR mining vehicle operators is two-fold: better performance and enhanced safety. TLC delivers reduced equipment down time and decreases annual operating costs. Sustained use of the product also helps to prevent catastrophic tire failures out in the field.

Adds Matt Hanson, TLC Product Manager: “Field testing revealed that, given time, the competition’s accelerated rate of corrosion would likely lead to premature equipment failures, safety issues and potential lost productivity – something that mining operators simply can’t afford.”

For additional information, please visit www.accellatirefill.com or visit Accella Tire Fill Systems at MINExpo, Booth #4900.

About Accella Tire Fill Systems
Accella shapes ideas that enhance our lives through improved comfort, safety, sustainability and performance. TyrFil®, Accella Tire Fill System’s patented tire fill, also known as foam fill, can be pumped into any pneumatic tire to replace air with a resilient, synthetic rubber core that completely eliminates dangerous tire flats in commercial and industrial heavy equipment vehicles. Since TyrFil reduces the need for tire replacement, it directly helps to defray vehicle repair costs and also drastically eases environmental strain by helping to keep whole tire and scrap tire waste – and the unwanted emissions and carbon footprint they create – out of domestic and international landfills. With TyrFil, “it’s what’s inside that counts.”

Accella Tire Fill Systems, the Industry’s Leading Flatproofing Solution, Helps Reforest Wildfire Zones in Partnership with American Forests

30 Aug, 2016

Accella, along with its TyrFil® customers, have planted more than 125,000 trees through its “One Tote, One Tree” program, including helping to reforest the Oregon “Pole Creek Fire” area

ST. LOUIS, MO – August 30, 2016 – Accella Tire Fill Systems (www.accellatirefill.com), a division of Accella Performance Materials, has teamed up with its customers and dealers to plant more than 125,000 new trees in partnership with American Forests, the nation’s oldest non-profit conservation organization. To replant forests destroyed by natural disasters, Accella (which manufactures eco-friendly polyurethane fill for pneumatic tires) and its OEMs, aftermarket dealers, and distributors around the world are planting one new tree for every tote of its tire fill product purchased. The initiative is part of the company’s industry-leading “One Tote, One Tree” green campaign (www.onetoteonetree.org).

A record-breaking 10 million acres of land burned across the U.S. in 2015 alone, according to the National Interagency Fire Center. This year’s 2016 fire season, which began in May, has already claimed five times more acres lost to fire damage, in comparison to last year, as reported by U.S. Department of Agriculture. Wildfires are absolutely detrimental to our natural resources, and with each acre burned, come the loss of untold numbers of trees that are essential to our planet’s health.

Recently, Accella’s contributions provided 2,000 new trees to the Pole Creek Fire Reforestation project in Oregon, undertaken by American Forests this past year. A major fire in the fall of 2012, together with other recent large fires, burned more than 165,000 acres in the beautiful, resource-rich area of the Deschutes National Forest, outside the town of Sisters in central Oregon. Reforestation within the Pole Creek Fire zone will accelerate the development of mature forest to meet a broad range of habitat requirements for wildlife, help control erosion, and provide other important ecosystem services.

“Accella Tire Fill System’s generous and ongoing partnership with American Forests exemplifies how responsible businesses across the United States—and the world—have supported our work for more than 140 years,” said Lea Sloan, VP of Communications, American Forests. “Our mission to restore threatened forest ecosystems and inspire people to place greater value on the role of trees in our world is greatly amplified by campaigns like `One Tote, One Tree.’ Accella has also helped us to raise awareness in the corporate world regarding the need to ‘give back’ to our environment by promoting essential reforestation.”

As the industry’s market leader in tire fill solutions, Accella Tire Fill Systems seeks to improve sustainability across the global industrial tire marketplace. For more than 45 years, Accella has focused on developing eco-friendly tire flatproofing alternatives (for industrial, construction and mining vehicles and other Off-the-Road equipment) that increase comfort, performance and safety, defray operator costs and protect the environment. The company’s patented TyrFil® line of polyurethane liquid products, which may be pumped into any pneumatic tire to replace air with a resilient, synthetic rubber core, ensures both robust tire performance and less solid tire waste goes into our landfills.

Choosing tire fill also enables operators to retread existing tires to prolong their lifecycle – something not possible with solid aperture tires. Accella’s tire productivity equipment is additionally designed to allow end-users to grind up old polyurethane tire filled tires for repurposing – enabling TyrFil product to be easily recycled for extended usability, another environmentally preferred option that is not possible with solid rubber tires.

“Since our inception in 1971, the Accella Tire Fill Systems heritage has been to develop alternative tire solutions that are more efficient for operators and also easier on the environment,” explains Joe Negrey, Vice President of Accella Tire Fill Systems. “We proudly work in concert with our global network of distributors, OEMs and aftermarket dealers to help make the ‘One Tote, One Tree’ campaign a resounding success when it comes to supporting critical fire zones like Oregon’s Pole Creek region. “These and other similar projects are a shining example of how businesses can partner together for the good of our Planet to create more sustainable solutions and replenish our precious natural resources, added Andy Harris President and CEO of Accella Performance Materials.

For additional information, please visit www.accellatirefill.com.

About Accella TyrFil™
Accella shapes ideas that enhance our lives through improved comfort, safety, sustainability and performance. TyrFil®, Accella Tire Fill System’s patented tire fill, also known as foam fill, may be pumped into any pneumatic tire to replace air with a resilient, synthetic rubber “rides like air” core that completely eliminates dangerous tire flats in commercial and industrial heavy equipment vehicles. Since TyrFil reduces the need for tire replacement, it directly increases operating up-time, helps to defray vehicle repair costs and also drastically eases environmental strain by helping to keep whole tire and scrap tire waste – and the unwanted emissions and carbon footprint they create – out of domestic and international landfills. With TyrFil, “it’s what’s inside that counts.”

About American Forests: Founded in 1875, American has served as a catalyst for many key milestones in the conservation movement, including the founding of the U.S. Forest Service, the national forest and national park systems and literally thousands of forest ecosystem restoration projects and public education efforts. Since 1990, American Forests has planted more than 50 million trees in forests throughout the U.S. and in dozens of countries, resulting in cleaner air and drinking water, restored habitat for wildlife and fish, and the removal of millions of tons of carbon dioxide from the atmosphere. Learn more at www.americanforests.org.