EPC Acquired by Long Term Partner, Hagihara Industries

 

We are excited to announce that Elasto Plastic Concrete (EPC) has been acquired by our long-term partner and the manufacturer of BarChip fibre, Hagihara Industries (TYO:7856).

As a result of the acquisition we will be able to provide you with improved services and expertise in the future, which we look forward to discussing with you in more depth. However, there are several things we want to point out that will not change:

  • You will continue to work with the same dedicated representatives as before
  • The services we have provided you in the past will continue to be offered
  • There will be no change to ongoing projects and industry initiatives we are involved with
  • You will be able to purchase the same high quality BarChip products as before

Hagihara and EPC have always shared the same vision. We believe that the future of concrete reinforcement exists in products that eliminate corrosion, are safe and easy to use, reduce complexity in construction and deliver value to our customers and society. This vision will continue under the leadership of Hagihara Industries. Yoshiaki Hagihara states;

“Hagihara Industries believe that we must exist to create value for our customers and society. Since 2000 we have worked tirelessly with EPC to increase the performance, safety and durability of concrete structures with our BarChip fibre. Together with EPC, as one company, we will improve product performance, increase our services and continue to achieve our vision for a future with better quality concrete”

Hagihara Industries developed the original BarChip fibre in the mid 1990’s, launching in the Japanese construction market in 1996. In 2000, EPC and Hagihara formed a partnership to develop and distribute BarChip macro synthetic fibre (MSF) globally.

The addition of EPC’s concrete technology expertise with Hagihara’s world class plastic extrusion technology allowed us to truly focus on the design and mechanics of MSF behavior in concrete. By combining our skillsets, we quickly developed the first MSF capable of matching the performance of steel mesh reinforcement, BarChip Kyodo.

BarChip Kyodo became the first MSF to completely replace steel mesh reinforcement in underground mining works and marked a turning point for the whole fibre industry.

Since that time, EPC and Hagihara have invested millions of dollars into the development of MSF technology. For 18 straight years we have undertaken countless studies in certified laboratories, industry collaborations, university programs and our own in-house laboratory at Hagihara Industries. We knew that no single fibre was suitable for all applications and our focus on research and development has enabled us to create unique fibre designs for every type of concrete application.

EPC CEO Matthew Clements states;

“From the beginning, EPC and Hagihara worked hand in hand to develop a non-corrosive synthetic fibre that was capable of replacing steel reinforcement in many types of reinforced concrete.  Without the collaboration and openness between our two companies and our customers, the success of BarChip would not have been possible.

As one company we will be able to significantly increase our service to customers, through increased research, supply chain improvements and enhanced human resources.”

Working with Hagihara, we have also helped drive the development of guidelines and standards for the safe and responsible use of MSF around the world. These achievements have only been possible through the dedicated work of our two great companies and the vision of our innovative customers.

As the acceptance of MSF has grown so too has the market matured, becoming more competitive with each step. The acquisition of EPC by Hagihara allows us to be competitive in this market without sacrificing the service or product performance that EPC and BarChip have come to represent.

If you have any questions about this exciting news and what it will mean for you, please contact your EPC representative, or email us at info@elastoplastic.com.

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