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FLRE Flameret Inc (PK)

0.001
0.00 (0.00%)
19 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Flameret Inc (PK) USOTC:FLRE OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.001 0.0008 0.0015 0.00 21:42:01

Yale School of Forestry and Environmental Studies Publication Highlights Growing Need for Safe Flame Retardants

28/11/2011 1:30pm

PR Newswire (US)


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LAS VEGAS, Nov. 28, 2011 /PRNewswire/ -- Flameret, Inc. (FLRE:OTCBB) a leading provider of flame retardant products to various industries, announced today that an article was published in Yale Environment 360 highlighting the dangers of an existing class of fire retardant chemicals which are used in electronics, upholstery, carpets, textiles, insulation, vehicle and airplane parts, children's products, and many other products.

According to the article, there is mounting, credible scientific evidence that levels of these chemicals are doubling in the blood of North Americans every 2 to 5 years for several decades.

Here are the highlights from the article:

1. Current regulations throughout the world to ban the use of toxic flame retardant products may not be succeeding.

2. Significant numbers of infants are exposed to toxic flame retardant chemicals including known carcinogens on a daily basis.

3. Many new halogenated flame retardants with chemical compositions and structures similar to those that are now regulated continue to enter the market.

4. Certain industries are so reliant on flame retardant products that as an example, the article sites that as much as one third of the weight of plastics used in some commercial airplanes are derived from the existing flame retardant composition.

5. Maternal exposure to a widely-used type of flame retardant, PBDEs (polybrominated diphenyl ethers), may impact fetal development and health.



The entire article can be read by clicking on the following link:

http://e360.yale.edu/feature/pbdes_are_flame_retardants_safe_growing_evidence_says_no/2446/

Christopher Glover, Chief Executive Officer of Flameret, Inc. commented, "The market for flame retardant products is over $4 billion worldwide and we believe this is a very conservative estimate. Our products are non-toxic, odorless, non-staining and fully biodegradable."

Glover concluded, "The article that appeared in the Yale publication is exactly the reason why we receive unsolicited inquiries on a weekly basis about our products. We remain very excited about the future of our company."

About Flameret

Flameret, Inc. has developed fire retardant products to suit a wide range of applications. These products are marketed under the brand names; Flameret, Flamex, Ultra Flamex and Impex. Flameret™ products are patented and held in the name of United American Inc.

Flameret's numerous flame retardant products are applicable for the manufacturing of an array of textile applications which includes mattresses, bedding, furniture, and clothing. The Company has designed fire resistant textiles fire barriers for this US standard and other world markets. Our complete fire retardant product lines should compete favorably with other competitors, because Flameret's™ fire retardants are highly effective and non-toxic.

Flameret Fire Retardant and fire resistant applications will be sold to separate industries. These industries include the fire resistant textiles industry, the military and the energy extraction industry (oil fields), the aviation industry, and forestry services. The Company expects to manufacture and sell Flameret fire retardant products for the treatment of textiles lines at the production stage for various textile products. In the near future Flameret also plans to offer a complete line of fire extinguishing products.

For information concerning Flameret, Inc., please visit the Company's website at www.flameret.com.

The press release may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such statements include, but are not limited to, any statements relating to the Company's development program and any other statements that are not historical facts. Such statements involve risks and uncertainties, including, but not limited to, those risks and uncertainties relating to difficulties or delays in development, testing, regulatory approval, production and marketing of the Company's products, the uncertainty of patent protection for the Company's intellectual property or trade secrets, and the Company's ability to obtain additional financing. Such statements are based on management's current expectations, but actual results may differ materially due to various factors, including those risks and uncertainties mentioned or referred to in this press release.

Contact:

Chris Glover

CEO

1-877-861-0207



 

SOURCE Flameret, Inc.

Copyright 2011 PR Newswire

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