PRESS RELEASE: The Makers Of Green Glue Have Been Acquired

The makers of everybody's favorite soundproofing product has been acquired by Saint-Gobain.

Saint-Gobain Acquires Soundproofing Plastics Manufacturer

AURORA, Ohio, Oct 13, 2008 /PRNewswire via COMTEX/ -- Saint-Gobain Performance Plastics (SGPPL) today announced that it has acquired the assets of The Green Glue Company of West Fargo, North Dakota, a privately owned manufacturer of visco-elastic soundproofing technology. Visco-elastic materials combine the properties of viscosity and elasticity to provide performance characteristics ideal for special acoustical insulation. Specific terms of the agreement were not disclosed.

From its manufacturing location in West Fargo, Green Glue supplies products to global construction customers specializing in sound control. Saint-Gobain Performance Plastics plans to integrate the Green Glue business into its Foams business unit. "We are pleased to welcome The Green Glue Company to Saint-Gobain Performance Plastics," says Tom Kinisky, President of SGPPL. "The Green Glue product line complements our Norseal(R), Normount(R) and Thermalbond(R) product lines which we supply to the commercial and residential construction markets. This transaction will allow Saint-Gobain to strengthen our offerings to these important markets."

The Green Glue products will continue to be marketed under the Green Glue brand. ( www.greengluecompany.com)Saint-Gobain Performance Plastics, part of Saint-Gobain's High-Performance Materials Sector, is headquartered in Aurora, Ohio, and employs 4,800 people in 15 countries. It is a world leader in high-performance plastics including flexible tubing applications, seals, coated fabrics, films, foams, polymer products, and bearings.

About Saint-Gobain:

Headquartered in Paris, Saint-Gobain is a leading international producer of construction products, high-performance materials such as abrasives, high-performance plastics, industrial ceramics and reinforcements, flat glass and, packaging (glass bottles). The company is also a leading distributor of building materials. In 2007 Saint-Gobain had worldwide sales of $59 billion, and has 207,000 employees in 57 countries.
For more information, go to http://www.plastics.saint-gobain.com/

Contact: Bill Seiberlich, Saint-Gobain Communications,
William.seiberlich@saint-gobain.com, 484-433-2096/610-341-7187


SOURCE Saint-Gobain
http://www.plastics.saint-gobain.com

Comments