First Distribution Agreement Signed By PRO
thefastlane | 01 August, 2007 23:31
The Platinum Research Organization or PRO, the world’s leader in original and high additives for coatings and lubricants, has just signed its first ever global distribution agreement for TechroBond™! PRO presents their innovative product, the ground-breaking additive that improves the performance of coatings and lubricants. This new product of theirs will be introduced to the world! R.T. Vanderbilt Company, Inc. of Norwalk, CT is called upon the agreement to promote TechroBond™ products worldwide as a gainful, performance-improving anti-wear and extreme pressure (EP) additives for lubricating greases for automobiles.
From the press release I’ve read from autochannel.com, John T. (Cork) Jaeger Jr., the president and CEO of PRO, stated, "The use of TechroBond in industrial greases addresses an acute need in the marketplace, since costs of traditional anti-wear and EP additives have risen in recent years. TechroBond products are much more cost-effective and exceed the anti-wear and EP protection of the traditional grease additives."
"This strategic relationship with R.T. Vanderbilt Company is very important to PRO, because it means we will be able to bring the benefits of TechroBond to the grease market much faster, and it allows us to begin generating revenues sooner. For other aspects of our business, such as manufacturing and regulatory registrations, we have acted independently, but the many advantages that will come of this relationship with Vanderbilt made this decision an easy one. Vanderbilt agreement is just one example of a number of commercial initiatives we have been developing for a significant amount of time. Vanderbilt's focused and significant worldwide sales and distribution channels to the grease market mean we will not have to invest the funds and time to develop our own channels. For these reasons, this agreement grants Vanderbilt exclusive worldwide distribution rights for TechroBond in the grease market," Jaeger added.
Steven Donnelly, the global business manager of Vanderbilt's Petroleum Department, also said, "R.T. Vanderbilt Company spent considerable time and effort evaluating TechroBond and we are sure that it will significantly strengthen the competitiveness of our additive packages for lubricating greases. TechroBond gives us a better anti-wear product, which will help us achieve our department's growth goals. As a result, we are very excited that we are able to add TechroBond to our lineup. Our two companies are already working together and we look forward to adding other new products as they are developed."
TechroBond additives can help catalytic converters to have a longer life by means of decreasing damaging emissions. The TechroBond amplifies the anti-wear performance of lubricating greases while dropping their rate. On the other hand, TechroBond coatings and paints are likely to substitute environmentally hazardous materials with alternative safe components.
From the press release I’ve read from autochannel.com, John T. (Cork) Jaeger Jr., the president and CEO of PRO, stated, "The use of TechroBond in industrial greases addresses an acute need in the marketplace, since costs of traditional anti-wear and EP additives have risen in recent years. TechroBond products are much more cost-effective and exceed the anti-wear and EP protection of the traditional grease additives."
"This strategic relationship with R.T. Vanderbilt Company is very important to PRO, because it means we will be able to bring the benefits of TechroBond to the grease market much faster, and it allows us to begin generating revenues sooner. For other aspects of our business, such as manufacturing and regulatory registrations, we have acted independently, but the many advantages that will come of this relationship with Vanderbilt made this decision an easy one. Vanderbilt agreement is just one example of a number of commercial initiatives we have been developing for a significant amount of time. Vanderbilt's focused and significant worldwide sales and distribution channels to the grease market mean we will not have to invest the funds and time to develop our own channels. For these reasons, this agreement grants Vanderbilt exclusive worldwide distribution rights for TechroBond in the grease market," Jaeger added.
Steven Donnelly, the global business manager of Vanderbilt's Petroleum Department, also said, "R.T. Vanderbilt Company spent considerable time and effort evaluating TechroBond and we are sure that it will significantly strengthen the competitiveness of our additive packages for lubricating greases. TechroBond gives us a better anti-wear product, which will help us achieve our department's growth goals. As a result, we are very excited that we are able to add TechroBond to our lineup. Our two companies are already working together and we look forward to adding other new products as they are developed."
TechroBond additives can help catalytic converters to have a longer life by means of decreasing damaging emissions. The TechroBond amplifies the anti-wear performance of lubricating greases while dropping their rate. On the other hand, TechroBond coatings and paints are likely to substitute environmentally hazardous materials with alternative safe components.
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