Strategic Investment in Evertrak, a North American Composite Railroad Tie Manufacturer
Sumitomo has announced a strategic investment in Evertrak, a U.S.-based manufacturer of composite railroad ties for the North American railroad industry. The partnership aims to build sustainable railroad infrastructure using ties made from recycled plastics.
Evertrak's flagship product, the Evertrak 7000, offers a lifespan exceeding 50 years in High Decay Zones, compared to 8-12 years for traditional wood ties. The North American market presents significant opportunities, with an annual replacement demand of approximately 20 million ties, including 6 million in High Decay Zones.
Founded in 2017 and based in St. Louis, Missouri, Evertrak has successfully developed cost-competitive composite ties that are being adopted by Class 1 railroads. The ties are 100% recyclable and offer superior environmental performance and long-term cost savings.
Sumitomo ha annunciato un investimento strategico in Evertrak, un produttore statunitense di traverse ferroviarie in composito per l'industria ferroviaria nordamericana. La partnership mira a costruire infrastrutture ferroviarie sostenibili utilizzando traverse realizzate con plastica riciclata.
Il prodotto di punta di Evertrak, il Evertrak 7000, offre una durata superiore ai 50 anni in Zone ad Alta Decomposizione, rispetto ai 8-12 anni delle tradizionali traverse in legno. Il mercato nordamericano presenta notevoli opportunit脿, con una domanda annuale di sostituzione di circa 20 milioni di traverse, di cui 6 milioni in Zone ad Alta Decomposizione.
Fondata nel 2017 e con sede a St. Louis, Missouri, Evertrak ha sviluppato con successo traverse compositiche competitive in termini di costo, che vengono adottate dalle ferrovie di Classe 1. Le traverse sono riciclabili al 100% e offrono prestazioni ambientali superiori e risparmi sui costi a lungo termine.
Sumitomo ha anunciado una inversi贸n estrat茅gica en Evertrak, un fabricante estadounidense de traviesas ferroviarias compuestas para la industria ferroviaria de Am茅rica del Norte. La asociaci贸n tiene como objetivo construir una infraestructura ferroviaria sostenible utilizando traviesas hechas de pl谩sticos reciclados.
El producto estrella de Evertrak, el Evertrak 7000, ofrece una vida 煤til que supera los 50 a帽os en Zonas de Alta Degradaci贸n, en comparaci贸n con los 8-12 a帽os de las traviesas de madera tradicionales. El mercado norteamericano presenta oportunidades significativas, con una demanda de reemplazo anual de aproximadamente 20 millones de traviesas, incluidas 6 millones en Zonas de Alta Degradaci贸n.
Fundada en 2017 y con sede en St. Louis, Missouri, Evertrak ha desarrollado con 茅xito traviesas compuestas competitivas en costo que est谩n siendo adoptadas por los ferrocarriles de Clase 1. Las traviesas son 100% reciclables y ofrecen un rendimiento ambiental superior y ahorros de costos a largo plazo.
鞀る韱犽電� 攵侂 觳犽弰 靷办梾鞚� 鞙勴暅 氤淀暕鞛� 觳犽弰 旮办皑氇╈潉 鞝滌“頃橂姅 氙戈淡 旮半皹鞚� 須岇偓鞚� 鞐愲矂韸鸽灆鞐� 鞝勲灥鞝� 韴瀽毳� 氚滍憸頄堨姷雼堧嫟. 鞚� 韺岉姼雱堨嫮鞚� 鞛櫆鞖╇悳 頂岆澕鞀ろ嫳鞙茧 毵岆摖 旮办皑氇╈潉 靷毄頃橃棳 歆�靻� 臧�電ロ暅 觳犽弰 鞚疙攧霛茧ゼ 甑稌頃橂姅 瓴冹潉 氇╉憸搿� 頃╇媹雼�.
鞐愲矂韸鸽灆鞚� 欤茧牓 鞝滍拡鞚� 鞐愲矂韸鸽灆 7000鞚� 雴掛潃 攵�韺� 歆�鞐棎靹� 50雲� 鞚挫儊鞚� 靾橂獏鞚� 鞝滉车頃橂┌, 鞝勴喌鞝侅澑 氇╈灛 旮办皑氇╈潃 8-12雲勳瀰雼堧嫟. 攵侂 鞁滌灔鞚� 鞐瓣皠 鞎� 2,000毵� 臧滌潣 旮办皑氇� 甑愳泊 靾橃殧臧� 鞛堨溂氅�, 鞚� 欷� 600毵� 臧滉皜 雴掛潃 攵�韺� 歆�鞐棎 頃措嫻頃╇媹雼�.
2017雲勳棎 靹る霅橃柎 氙胳＜毽＜ 靹胳澑韸鸽（鞚挫姢鞐� 氤胳偓毳� 霊� 鞐愲矂韸鸽灆鞚� 1旮� 觳犽弰鞐愳劀 毂勴儩霅橁碃 鞛堧姅 牍勳毄 瓴届焷霠� 鞛堧姅 氤淀暕鞛� 旮办皑氇╈潉 靹标车鞝侅溂搿� 臧滊皽頄堨姷雼堧嫟. 旮办皑氇╈潃 100% 鞛櫆鞖� 臧�電ロ晿氅�, 頇橁步 靹彪姤鞚� 鞖办垬頃橁碃 鞛リ赴鞝侅澑 牍勳毄 鞝堦皭 須臣毳� 鞝滉车頃╇媹雼�.
Sumitomo a annonc茅 un investissement strat茅gique dans Evertrak, un fabricant am茅ricain de traverses ferroviaires en composite pour l'industrie ferroviaire nord-am茅ricaine. Ce partenariat vise 脿 construire une infrastructure ferroviaire durable en utilisant des traverses fabriqu茅es 脿 partir de plastiques recycl茅s.
Le produit phare d'Evertrak, le Evertrak 7000, offre une dur茅e de vie d茅passant 50 ans dans les Zones 脿 Haute D茅composition, contre 8 脿 12 ans pour les traverses en bois traditionnelles. Le march茅 nord-am茅ricain pr茅sente d'importantes opportunit茅s, avec une demande de remplacement annuelle d'environ 20 millions de traverses, dont 6 millions dans les Zones 脿 Haute D茅composition.
Fond茅e en 2017 et bas茅e 脿 St. Louis, Missouri, Evertrak a r茅ussi 脿 d茅velopper des traverses composites comp茅titives en mati猫re de co没ts, qui sont adopt茅es par les chemins de fer de Classe 1. Les traverses sont 100 % recyclables et offrent des performances environnementales sup茅rieures ainsi que des 茅conomies de co没ts 脿 long terme.
Sumitomo hat eine strategische Investition in Evertrak, einen in den USA ans盲ssigen Hersteller von Verbundstoff-Schwellen f眉r die nordamerikanische Bahnindustrie, angek眉ndigt. Die Partnerschaft zielt darauf ab, nachhaltige Schieneninfrastruktur mit aus recyceltem Kunststoff hergestellten Schwellen aufzubauen.
Das Flaggschiff-Produkt von Evertrak, die Evertrak 7000, hat eine Lebensdauer von 眉ber 50 Jahren in Hochverrottungszonen, im Vergleich zu 8-12 Jahren f眉r traditionelle Holzschwellen. Der nordamerikanische Markt bietet erhebliche Chancen mit einer j盲hrlichen Austausch Nachfrage von etwa 20 Millionen Schwellen, einschlie脽lich 6 Millionen in Hochverrottungszonen.
Gegr眉ndet im Jahr 2017 und mit Sitz in St. Louis, Missouri, hat Evertrak erfolgreich kosteng眉nstige Verbundschwellen entwickelt, die von Class-1-Eisenbahnen 眉bernommen werden. Die Schwellen sind zu 100 % recycelbar und bieten 眉berlegene Umweltleistung sowie langfristige Kosteneinsparungen.
- Evertrak 7000 offers 4-6x longer lifespan (50+ years vs 8-12 years) compared to wood ties
- Large market opportunity with 20 million annual tie replacement demand
- Product already adopted by major Class 1 railroads
- 100% recyclable product aligning with environmental sustainability trends
- None.
Partnership to Support Building a Sustainable Railroad Infrastructure with聽
Composite Railroad Ties Made from Recycled Plastics
Sustainable Solution Initiatives in the North American Railroad Industry
In High Decay Zones, primarily located in the southeastern
Market Overview: North American Railroad and Composite Ties
- Railroad ties replacement demand: ~20 million ties annually
- Composite tie opportunity: ~6 million ties annually (High Decay Zone)
Evertrak: Pioneering Durable and Sustainable Composite Tie Solutions
Founded in 2017 and headquartered in
Established Initiatives in the North American Railroad Industry and the Background of the Investment
Sumitomo Corporation Group, primarily through its Steel Group, has been instrumental in supporting North American freight railroad infrastructure by exporting rails from
Future developments
North American freight railroad is one of the environmentally friendly transportation modes, with low CO2 emissions and the ability to handle long-distance, large-scale transport. Sumitomo Corporation Group is committed to contributing to the development of sustainable railroad infrastructure in the North American railroad industry, the world's largest railroad freight market, through the provision of railroad products and other solutions.
锛�Reference Information锛�
Overview of Evertrak | |
Company Name聽 聽 聽 聽 聽 聽 聽 聽 聽 聽 聽 聽 | Evertrak |
Established聽 聽 聽 聽 聽 聽 聽 聽 聽 聽 聽 聽 聽 聽 聽 聽 聽 | :017 |
CEO / Founder聽 聽 聽 聽 聽 聽 聽 聽 聽 聽 聽 聽 聽 聽 | Tim Noonan |
Headquarters聽 聽 聽 聽 聽 聽 聽 聽 聽 聽 聽 聽 聽 聽 聽 | |
Manufacturing Facilities聽 聽 聽 聽 聽 | 1 ( |
Business聽 聽 聽 聽 聽 聽 聽 聽 聽 聽 聽 聽 聽 聽 聽 聽 聽 聽 聽 聽 | Manufacture and sale of composite railroad ties |
Website聽 聽 聽 聽 聽 聽 聽 聽 聽 聽 聽 聽 聽 聽 聽 聽 聽 聽 聽 聽 |
|
聽(*1) Primarily manufactured from recycled plastics and fiberglass, these ties are recyclable at the end of their lifecycle, providing a sustainable alternative to wood railroad ties.
(*2) In the North American railroad industry, Class 1 refers to the seven major freight railroad companies operating in
About Sumitomo Corporation
Sumitomo Corporation (TYO: 8053) is an integrated trading company with a strong global network comprising 128 offices in 66 countries and regions. The Sumitomo Corporation Group consists of approximately 900 companies and 80,000 employees on a consolidated basis. The Group's business activities are spread across the following nine groups: Steel, Automotive, Transportation & Construction Systems, Diverse Urban Development, Media & Digital, Lifestyle Business, Mineral Resources, Chemicals Solutions and Energy Transformation Business. Sumitomo Corporation is committed to creating greater value for society under the corporate message of "Enriching lives and the world," based on Sumitomo's business philosophy passed down for over 400 years.
About Sumitomo Corporation of Americas
Sumitomo Corporation of Americas is the largest subsidiary of Sumitomo Corporation, an integrated trading company with a strong global network comprising 128 offices in 66 countries and regions. The Sumitomo Corporation Group consists of approximately 900 companies and nearly 80,000 employees on a consolidated basis. The Group's business activities are spread across the following nine groups: Steel, Automotive, Transportation & Construction Systems, Diverse Urban Development, Media & Digital, Lifestyle Business, Mineral Resources, Chemicals Solutions and Energy Transformation Business. Sumitomo Corporation is committed to creating greater value for society under the corporate message of "Enriching lives and the world," based on聽Sumitomo's business philosophy passed down for over 400 years. For more information, please refer to our website at .
View original content to download multimedia:
SOURCE Sumitomo Corporation of Americas
FAQ
What is the market size for railroad tie replacement in North America that SSUMY is targeting?
How much longer do Evertrak's composite ties last compared to traditional wood ties?
What are the environmental benefits of SSUMY's investment in Evertrak's composite ties?
Which major customers are already using Evertrak's composite railroad ties?
