Dallas—Flooring Industries, Unilin’s IP business unit, has entered into a cooperation agreement with Guangzhou Australian Eucalyptus Timber Flooring (hereinafter Eucalyptus Timber), regarding the compressed wood technologies that Eucalyptus Timber developed and patented in 2014. Under this cooperation agreement, Flooring Industries will be the exclusive licensing agent of Eucalyptus Timber’s patented compressed wood technology and is looking forward to offering this new technology to interested parties.
“I am convinced that this compressed wood technology has the potential to become a game changer in the engineered wood business, so I am happy to partner up with Unilin’s patent and licensing team since they have shown to be very successful in protecting, enforcing and licensing out other important technologies in our industry,” said Peter Chan, owner of Eucalyptus Timber.
Unilin’s IP business team will present the compressed wood technology at its Domotex asia/ChinaFloor 2015 booth (Hall E5 Stand C20), being held March 24-26 in Shanghai.