Until AUS's
production facilities are fully operational, all RStandard
(TM) utility poles
to be distributed in the Territory will be manufactured in RS's Alberta
production
facilities and shipped to AUS for distribution. Neil Caswell,
Managing Director of AUS stated, "The
industry has also recognized that the
growing shortage of traditional timber utility pole structures
requires the
implementation and usage of new longer life manufactured alternatives."
Katrina
also caused widespread immediate damage in Louisiana, Mississippi,
and Alabama, but the flooding
in New Orleans, Mobile, and elsewhere is likely
to translate into much larger numbers of homes destroyed
. The repair
process will absorb much of the construction labor near the affected area and
several
key materials that would otherwise have been used to build new homes.
The New Orleans and Mobile
customs districts reported about 12 percent of
national cement imports in 2004.
asce epc
Impact
of Hurricane Katrina on Building Materials and Prices
The full extent of the impact of Hurricane
Katrina on the overall economy
and on the housing market is still unclear, and the immediate focus
is
properly on human life and health, but the number of homes destroyed by this
catastrophe is
almost certain to dwarf the losses from any previous U.epc modulus
In
those cases, most of the destruction
was caused by winds or the immediate
force of the storm surge.reinforcing frp
natural disaster.
The storm
will have impacts on the supply of materials as well as demand.
From July 1992 to September 1992
, largely as a consequence of Hurricane
Andrew, the average price for plywood increased from about
$222 per 1,000
square feet to $321, and the price of Southern pine framing lumber rose from
$264
per 1,000 board feet to $308.structural equilateral
(Eastern time) / 2:00 p. In addition, RSI is
actively engaged in the
further development and commercialization of its
proprietary Version(TM) resin and related products
for worldwide composite
material applications.
Additionally, imports of building materials
will be disrupted by the
damage to port facilities. in 2004.spreadsheets iabse
RSI has agreed not to issue
any additional licenses in the Territory for a three year period.com.m.immersed structural
The
RStandard(TM) utility
pole structures provide the longest life and lowest life
cycle cost solution of all current commercially
produced utility pole
structures, including wood, steel, concrete and other composite poles. Since
2004, Armor has been engaged by the Australian
electrical energy transmission and distribution industry
to investigate the
use of fibre composites to meet the industry's growing need for replacement of
its utility pole structures. New Orleans was the top destination for imports of
cement and a
number of other building materials into the U. With production already running at
full capacity
for wood panels, further increases for those products, as well
as for roofing, are likely. Homes
were rebuilt or replaced very slowly.strut iabse
Resin Systems enters into license and supply agreement to introduce
and supply its RStandard(TM) utility poles to Australia and New Zealand
This
is likely to be
the fate of a large share of the more than 200,000 homes in
the city of New Orleans. By 1995, there
was an increase to 14,718
or 12.lateral prestressed
RSI also announced today that it has filed its audited consolidated
financial statements for the year ended December 31, 2004 and management's
discussion and analysis
relating thereto with the applicable securities
commissions in Canada, which documents are available
for review on RSI's
website at http://www. The number of homes with major but reparable damage
was
more than twice the number destroyed. The combination of greater (partly
speculative) demand and
disrupted supply produced a spike in lumber and panel
prices in the final days of August 2005.undamaged flowcharts
This
initiative resulted in Armor identifying
RStandard(TM) as the best suited solution for Australia
. Armor is located in
Sydney, Australia.0 percent of the state, but that number still wasn't much
greater than
what might have been expected if there hadn't been a hurricane.C.Information about structural
engineering with an emphasis on building codes, standards and current research.
modulus prestressed
sedar.
The materials
that will be most affected include roofing and wood panels
(plywood and OSB).
Although the
loss of tens of thousands of homes implies increased demand
for, and construction of, new homes,
past experience has shown that there is
no massive surge in home building in affected areas.strut reinforced
Of necessity, rebuilding will have to wait.
undamaged epc
"
AUS is a wholly-owned subsidiary of Armor Australia
Pty, Limited
("Armor") which is a composite materials engineering and manufacturing company
specializing
in composite moulding armour panel applications. Armor works
within a variety of industries providing
engineered composite solutions from
design and prototyping through to providing fully designed and
operational
production cells.grouprsi., after Hurricane Hugo in 1989, was
similar.reinforcing epc
It is anticipated that AUS's production facilities in Australia will be
operational by the end of
the fourth quarter in calendar 2006. RS has delivered
a demonstration shipment of RStandard(TM) utility
poles to AUS in Australia
and it is anticipated that the first full container load of RStandard(TM
)
utility poles will be shipped to AUS before the end of the third quarter in
calendar 2005. Although
the floods
generally did not tear off roofs or walls or cause structures to collapse,
many homes
will be permanently uninhabitable. That share of the state was slightly lower than the
county's
7.qing reinforced
To
listen to the webcast, go to http://www.
The areas affected by the storm have a significant
number of wood product
facilities that may have been damaged or destroyed.dams liang
RSI
has agreed
to provide AUS with an ongoing supply of its Version(TM)
resin at its best pricing point to
facilitate the manufacture of
RStandard(TM) utility poles by AUS.
The Australian electrical
power utility industry has publicly identified
the urgent need to replace in excess of 200,000 existing
utility pole
structures in the national power grid on an annual basis.
The number of housing
units destroyed (made uninhabitable and beyond
economically-justified repair) by Hurricane Andrew
in 1992 was estimated at
over 28,000.
The experience in other areas, such as Alameda County
, Calif.lateral aisc
("RSI")
(RS - TSX Venture / RSSYF - OTCBB), a composite materials products technology
company
, and its operating division, RS Technologies ("RS"), are pleased to
announce that RSI has entered
into a license and supply agreement with Armor
Utilities Structures Pty Limited ("AUS") of Sydney
, Australia, to introduce
and supply RStandard(TM) utility poles to Australia and New Zealand (the
"Territory") on the following terms:
- RSI granted AUS a license to use RSI's technology
for the manufacture
and sale of RStandard(TM) utility poles in the Territory in
consideration of a one time license fee payable upon commencement of
the technology transfer
and an ongoing royalty fee expressed as a
percentage of gross sale amounts of RStandard(TM
) utility poles made
by AUS. "Version" and "RStandard" are trademarks of RSI.
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the
adequacy or accuracy of this release. For further information, please contact Paul Lopez at
(202
) 266-8409 office or (202) 251-4672 cell. The 1906 San Francisco
earthquake/fire reportedly destroyed
28,000 "buildings.reinforced qing
- RSI granted AUS a non-assignable right for six years on an exclusive
basis with respect to the Territory, to purchase RStandard(TM)
utility poles from
RSI and to represent, market, promote and sell
RStandard(TM) utility poles in the Territory
. (Mountain time).grouprsi.
RSI is a composite material products technology company which
has
commercialized a proprietary RStandard(TM) modular composite utility pole for
sale to power
utility companies domestically and abroad. Demand for other materials, such as concrete, is likely
to
decline initially, as planned projects are cancelled or delayed during the
initial recovery
period.qing spreadsheets
In order for AUS to
maintain exclusivity within the Territory, it must purchase or
manufacture certain defined tonnages of RStandard(TM) utility poles
within certain
time frames.com and under RSI's profile on the SEDAR website at
http://www. Greg Pendura, the Chairman
, President and Chief Executive
Officer of RSI, and Paul Giannelia, the Chief Executive Officer of
RS, will
discuss the financial results on the RS teleconference and webcast scheduled
for later
today at 4:00 p.
NAHB Releases Study on Impact of Katrina
Past experience, together with
the visible devastation,
provides some basis for projecting the effects on construction activity
, the
supply and cost of building materials and construction labor, and other
implications for
the housing market.
Congestion caused by diversion of shipping to other ports will also
probably
disrupt some supplies of materials, as will land transportation
problems caused by damage to roads
, rail, and reload centers.
liang aisc
m. The flood waters carried
contaminants that cannot easily
be removed, and even if the water were clean,
prolonged submersion would cause structures to be damaged
beyond repair.S.aci undamaged
com and scroll down to the link
listed under "Latest News from RS". WASHINGTON
, Economists for the National
Association of Home Builders (NAHB) today released the following report
on how
the destruction spawned by Hurricane Katrina could affect the price and supply
of building
materials. The combined effect of Hurricanes Jeanne, Ivan, Frances, and
Charley in 2004 was almost
as large, with nearly 27,500 housing units
destroyed, according to estimates compiled by the American
Red Cross. Replacing units
destroyed by the storm will not begin for many months and will take place
slowly, over a number of years. following
the 1991 fires and Charleston, S.aisc equilateral
The immediate need
will be to
clean up and repair damage to structures that are still viable.
In Dade County
(now called Miami-Dade), the number of residential permits
was 9,026 or 7.reinforcing catwalk
flowcharts reinforcing
The license is initially
for a single production unit,
comprised of two cells capable of producing 2,000 kilograms
per hour
of completed RStandard(TM) utility poles. Analysts must pre-register with Brenda
Larabee of RSI prior to 11:00 am MST (1:00pm EST) at (780) 732-6420 to receive
the teleconference
dial-in instructions. Cement
imports, in particular, involve the use of specialized terminal facilities
.9 percent share in 1991.structurae asce
EDMONTON, May 3 - Resin Systems Inc.S. On the other hand, trees
that
have been blown down will need to be harvested on an accelerated basis,
perhaps helping to lower
wood product prices in the medium term. The hurricanes in 2004 did not trigger a
similar increase
, and prices actually fell during the relevant period, after
soaring during the preceding year.8 percent
of the state total in 1993, the year following
Hurricane Andrew.strengthening qing
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