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Industry | 2010.01.28

Axion Executes LOI with Innovative Composites International to Supply Thermoplastic Material for State-of-the-Art Composite Containers

NEW PROVIDENCE, N.J.--(BUSINESS WIRE)--Axion International Holdings, Inc. (OTCBB: AXIH), a next-generation technology innovator utilizing recycled plastic for high-load industrial products, today announced that it has signed a Letter of Intent ("LOI") with Innovative Composites International Inc. (“ICI”) (IC:TSX-V) to supply Axion’s patented thermoplastic material to ICI and their strategic partner, Universal Storage Containers, LLC (“USC”), for certain elements in

 

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