NEW PROVIDENCE, N.J.--(BUSINESS WIRE)--Axion International Holdings, Inc. (OTCBB: AXIH), a leading producer of industrial building products and railroad ties made from 100% recycled plastic and plastic composites, is pleased to announce that it was selected as a winner of this year’s “Environmental Stewardship Awards” by the Plastics Environmental Division of the Society of Plastics Engineers (SPE). This year’s awards will be presented at the SPE’s Global Plastics Environmental Conference (GPEC 2011) in Atlanta, Georgia.
There are a total of six winners of the national Environmental Stewardship Awards, which recognizes companies and institutions that have demonstrated environmental leadership and excellence. Axion was selected for developing high-performance composites from recovered polyolefins and applying them as structural parts that have been used in bridges, railroad ties and other structures that meet various commercial and military specifications.
“Axion is thrilled to be named as a winner of the Environmental Stewardship Awards,” stated Axion Chief Technology Officer, Jim Kerstein. “We consider it an honor to represent the recycling industry as the SPE seeks to recognize us for the breakthrough work that we have achieved in the rail and bridge industries as we have employed cutting edge technology and engineering to pioneer a long term and environmentally-friendly solution to existing infrastructure issues. We believe the strides Axion has made in the recycled composites industry are an example of what can be achieved when private industry works with governmental and academic sources to develop innovative solutions.”
Presentations for the Environmental Stewardship Awards will take place during SPE’s GPEC 2011 in Atlanta, Georgia on October 18th, 2011. The theme for this year’s conference is “Plastics Recycling and Sustainability on My Mind.” For information see www.sperecycling.org.
About Axion International
Axion International Holdings, Inc. (OTCBB: AXIH) develops structural building products in the United States and internationally from 100% recycled consumer and industrial plastics. It offers structural composite railroad crossties, structural composite I-beams, tongue and groove planking, and various sizes of boards for use in engineered design solutions, such as rail track, rail and tank bridges, pedestrian and recreation bridges, marinas, boardwalks, and bulk heading. The Company markets its structural products to the railroad industry, military, and industrial engineering and contracting firms. Axion International Holdings, Inc. was founded in 2006 and is headquartered in New Providence, New Jersey.
For additional information, please visit Axion’s corporate website: www.axionintl.com
Forward-Looking Statements
This release contains "forward-looking statements" for purposes of the Securities and Exchange Commission's "safe harbor" provisions under the Private Securities Litigation Reform Act of 1995 and Rule 3b-6 under the Securities Exchange Act of 1934. These forward-looking statements are subject to various risks and uncertainties that could cause Axion’s actual results to differ materially from those currently anticipated, including the availability of materials at favorable pricing, sufficient manufacturing capability and the risk factors identified in Axion’s filings with the Securities and Exchange Commission.