Worthington Industries Announces Fully Recyclable, Lightweight Composite Propane Cylinder
October 09 2018 - 11:12AM
Worthington Industries (NYSE:WOR) today announced the launch of its
first, fully recyclable Type IV composite cylinder for the propane
(LPG) industry. Named Fourtis®, the lightweight cylinder used for
cooking, water heating and outdoor grilling was developed by
Amtrol-Alfa, a global leader in low pressure steel and composite
cylinders that was recently acquired by the Company.
“We are proud to introduce a lightweight, eco-friendly Type IV
LPG cylinder,” said Tiago Oliveira, general manager of Amtrol-Alfa.
“The Fourtis is made of fully recyclable materials, which is highly
valued in the industry because it saves on decommissioning costs
and is good for the environment.”
Fourtis is a lightweight (5,00 kg without valve), durable,
composite cylinder that is wrapped in a customizable, easy-to-clean
polymeric jacket with an ergonomic handle. It is demountable,
making reassembling easy, and has a lower maintenance cost than
steel cylinders.
“Not only is the Fourtis built to last, but it’s also
beautifully designed with a fully customizable jacket,” said
Oliveira. “With in-mould labeling, a variety of colors and
high-definition graphics can be applied and leveraged as a powerful
marketing tool for our customers.” Resistant to impact, corrosion
and permeability, the Fourtis can also be equipped with
state-of-the-art microchip technologies, such as RFID and NFC, for
precise tracking, fast identification and real-time database
assessment which optimize labor and filling costs.
The Fourtis can be manufactured according to many construction
standards, including ISO 11119-3, EN 14427 and EN 12245, for
Europe, Asia, Africa, the Middle East and South America. For more
information, click here.
About Amtrol-Alfa
Amtrol-Alfa, part of Worthington Industries, manufactures
cylinders for the global LPG industry. Through a commitment to
R&D, Amtrol-Alfa specializes in producing lightweight
cylinders, both composite and high strength steel, to meet
customers’ unique needs. It’s the world’s No. 1 producer of
lightweight LPG cylinders with a focus on quality, safety and
innovation. For more information, visit http://amtrol-alfa.com.
About Worthington Industries
Worthington Industries is a leading global diversified metals
manufacturing company with 2018 fiscal year net sales of $3.6
billion. Headquartered in Columbus, Ohio, Worthington is
North America’s premier value-added steel processor providing
customers with wide ranging capabilities, products and services for
a variety of markets including automotive, construction and
agriculture; a global leader in manufacturing pressure cylinders
for propane, refrigerant and industrial gasses and cryogenic
applications, water well tanks for commercial and residential uses,
CNG and LNG storage, transportation and alternative fuel tanks, oil
& gas equipment, and consumer products for camping, grilling,
hand torch solutions and helium balloon kits; and a manufacturer of
operator cabs for heavy mobile industrial equipment; laser welded
blanks for light weighting applications; automotive racking
solutions; and through joint ventures, complete ceiling grid
solutions; automotive tooling and stampings; and steel framing for
commercial construction. Worthington employs
approximately 12,000 people and operates 84 facilities in 11
countries.
Safe Harbor StatementThe Company wishes to take
advantage of the Safe Harbor provisions included in the Private
Securities Litigation Reform Act of 1995 (the “Act"). Statements by
the Company relating to its ability to increase market
participation, expand and integrate capacity, increase efficiencies
and reduce lead time, achieve growth in general and in specific
markets, and other statements which are not historical information
constitute "forward looking statements" within the meaning of the
Act. All forward-looking statements are subject to risks and
uncertainties which could cause actual results to differ from those
projected. Factors that could cause actual results to differ
materially include risks described from time to time in the
Company's filings with the Securities and Exchange Commission.
Contacts:SONYA L. HIGGINBOTHAMVP,
CORPORATE COMMUNICATIONS AND BRAND
MANAGEMENT614.438.7391 | sonya.higginbotham@worthingtonindustries.com
MARCUS A. ROGIERTREASURER AND
INVESTOR RELATIONS OFFICER614.840.4663 |
marcus.rogier@worthingtonindustries.com
200 Old Wilson Bridge Rd. | Columbus, Ohio 43085WorthingtonIndustries.com
A photo accompanying this announcement is available at
http://www.globenewswire.com/NewsRoom/AttachmentNg/c151d14b-10ed-4ee9-b093-e55e06ef3b88
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