RPM
PRESS RELEASE
OCTOBER
14, 2004
RPM
TECHNOLOGIES INC. (RPMM) DEVELOPS NEW MULTI-USE
PALLETS
Plainfield, IL, October 14, 2004: Industry demand
for plastic pallets continues to escalate as major
US shippers switch from wood to plastic. Exporters
are leading the changeover due to restrictions made
by 90 foreign countries that banned the importation
of untreated wood packaging and shipping materials.
Higher cost of plastic versus wood is now offset
by the additional costs incurred to treat or coat
a wood pallet.
RPM’s
new multi-use pallet, made from recycled resins,
will actually be less expensive than a wood pallet
that has to be treated. Plastic is easier to store
and transport and worker injuries due to splintering
and gouging are virtually eliminated. Unlike wood,
plastic is easy to clean; it’s impervious
to contamination and is consistent in weight and
size.
A
frequently heard complaint about plastic pallets
is that they’re slippery. Boxes can slide
causing load imbalance and possible product damage.
Some plastic pallet manufacturers have provided
varieties of surface textures to retard slippage.
Unfortunately, they haven’t worked to the
satisfaction of most shippers. Even when a plastic
pallet’s surface has been scuffed or abraded,
loads will slide and shift.
That
was before RPM’s innovative multi-use pallet
technology was developed. The new pallet will go
into production 1st quarter 2005 and the company
believes that it will eliminate virtually any kind
of slippage. The soon-to-be patented process entails
the use of alternative materials imbued into selected
surface areas. These non-slip pallets will be very
competitively priced and available in several popular
sizes and configurations. The company plans to make
industry-wide announcements of the pallet’s
features and low cost in industry media and sales
literature.
While
the shipper’s primary concern is function
and price, it’s nice to know that buying plastic
pallets aids the environment. Wood pallets are an
environmental menace. They consume 40% of US hardwood
supply and accelerate landfill volume. They deplete
forests and present a serious disposal problem for
many communities. Additionally, wood pallets have
been identified as harboring vermin, bacteria and
insects.
The
company estimates that the national introduction
of its new multi-use pallets will significantly
impact sales in 2005. RPM trades on the OTCBB. The
trading symbol is RPMM. Visit our corporate website
at "www.rpmtechnologiesinc.com".
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For further information, contact
RPM Technologies, Inc. at (708) 679-0002 or write
RPM Technologies, Inc., 24001 S. Western Ave. Park
Forest, IL 60466-3427. |
