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Sumitomo Corporation invests in US manufacturer Evertrak

28 Jan '25

1 min read

Sumitomo Corporation invests in US manufacturer Evertrak

Pic: Sumitomo Corporation

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Sumitomo Corporation, through its subsidiary Sumitomo Corporation of Americas, has invested in Evertrak, a US-based manufacturer of composite railroad ties.
This partnership aims to enhance sustainability in North America's railroad industry by replacing wood ties with durable, environmentally friendly composite ties made from recycled plastics and fibreglass.

Sumitomo Corporation, through its subsidiary Sumitomo Corporation of Americas (collectively referred to as the Sumitomo Corporation Group), has announced a strategic investment in Evertrak, a US-based manufacturer of composite railroad ties for the North American railroad industry. This partnership aims to reduce environmental impacts and build a more sustainable railroad infrastructure in North America.

In high decay zones, primarily located in the southeastern United States, heat and high humidity accelerate the early decay of wood railroad ties, posing challenges from both cost and environmental perspectives. To address these issues, the North American railroad industry is increasingly adopting composite railroad ties as a sustainable alternative, the company said in a press release.

Made from recycled plastics and fibreglass, composite ties offer numerous advantages, including superior environmental performance, extended durability, and long-term cost savings. In addition, composite ties are 100 per cent recyclable after use.

Fibre2Fashion News Desk (RR)

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