Elasco Reports on Upswing in Sales and Customer Inquiries for Green Soy-Based Polyurethane Products
GARDEN GROVE, Calif.-- Elasco, Inc. is pleased to announce that it is reporting an increase in sales of its newly formulated “green” polyurethanes. Elasco has engineered and developed sustainable, energy efficient, proprietary polyurethane formulations made using renewable soybean oil. Orders for its new soy-based polyurethane products have increased this year and are expected to increase further based on contacts with existing clients and potential new customers interested in reducing their carbon footprint and marketing their products as eco-friendly.
Elasco has focused a percentage of its product development efforts on formulating more eco-friendly offerings and has succeeded in creating a soy-based polyurethane that matches the performance of petroleum-based polyurethane while dramatically decreasing its carbon footprint. Polyols, the raw material for polyurethane, can be extracted from soybeans rather than petroleum. Using soy polyols reduces demand and dependence on non-renewable petroleum reserves, eliminates the use of volatile organic compounds (VOC), decreases energy requirements for the manufacturing process, and reduces emissions by 36%.
Elasco is generating increasing sales of the new green formulations in the recreational sports market. The largest percentage of sales has been to longboard skateboard manufacturers who market the soy-based wheels produced by Elasco as green and environmentally sustainable. Elasco intends to expand its sales and marketing activities to other customers in the high performance sporting sector including roller skate manufacturers, exercise equipment makers and other consumer products suppliers.
Henry Larrucea, Elasco CEO, commented: “We are on track to generate double-digit growth in sales of our new soy-based polyurethane formulas this year. We believe there is further opportunity to expand market share in the recreational products sector, where manufacturers can leverage our green polyurethane’s use of renewable resources and reduced carbon footprint in their marketing efforts.”
Elasco is a growing engineered plastics and polyurethane molding and manufacturing company with a production facility in Southern California. Elasco has been in business since 1979 producing recreational and industrial products used in a wide range of dynamic applications. Elasco provides complete design and manufacturing services including proprietary polymer mixing, prototype work, mold and tooling design, manufacturing, custom casting and plastic injection molding.
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