Multi-Year Pact Leverages Firms’ Innovation, Market, and Service Capabilities to Improve Safety through New Generation of Flammable Gas Sensors
MANSFIELD, OHIO, and WOOSTER, OHIO, October 5, 2010 – Therm-O-Disc, a business of Emerson (NYSE:EMR), and ABSMaterials, Inc., a privately held company, announced today that they have reached agreement to jointly develop and market new technology to quickly detect leaking flammable gas. Terms of the multi-year agreement were not disclosed.
The agreement would combine Therm-O-Disc’s experience, global manufacturing and service capabilities in sensor developments with ABSMaterials Osorb™ swelling glass innovation and its sensing, separation, and remediation technologies. Target markets include appliances, advanced water treatment, oil and gas processing with essential oil separations, and other industrial systems and processes.
Osorb swelling glass materials were initially developed by Dr. Paul Edmiston, the founder and chief science officer of ABSMaterials and the Stevenson chair of chemistry at the College of Wooster. Osorb swelling glass crystals change physical characteristics when absorbing certain liquids and gases.
“Gas leak detection is of critical importance to the safe use of millions of appliances and industrial systems,” said Therm-O-Disc president John Rhodes. “There is significant opportunity working together with ABSMaterials to help our customers improve the quality, accuracy and reliability of sensing flammable gas.”
ABSMaterials CEO Stephen Spoonamore said he welcomes the partnership with Therm-O-Disc and added: “Our companies have jointly developed a number of platforms we believe substantially improve the safety of flammable gas devices, and we’re thrilled that Therm-O-Disc recognizes the potential to accelerate these sensors into the market.”
The companies have an aggressive development schedule and expect to begin shipping sensor systems to end markets in 2011.
About ABSMaterials, Inc.
ABSMaterials, headquartered in Wooster, Ohio, makes swelling glass materials and systems to exploit the novel properties of these materials. The company has solutions in-situ environmental clean-up, ex-situ water pollution controls, produced water management, frac-water recycling, essential oil recovery and advanced sensors. The company is privately held. For more information: www.absmaterials.com
About Therm-O-Disc, Inc.
Therm-O-Disc, headquartered in Mansfield, Ohio, is a subsidiary of Emerson and a leading global producer of temperature controls, sensors, and switches for appliance, automotive, heating, and air conditioning industries. Therm-O-Disc offers a wide array of general and special-purpose products including advanced sensors for emerging energy and environmental markets.
Emerson (NYSE:EMR), based in St. Louis, Missouri, USA, is a global leader in bringing technology and engineering together to provide innovative solutions for customers in industrial, commercial, and consumer markets through its network power, process management, industrial automation, climate technologies, and appliance and tools businesses. Sales in fiscal 2009 were $20.9 billion. For more information, visit www.Emerson.com.
For more information about Therm-O-Disc, Inc. and ABSMaterials, Inc., contact:
Business Development Leader
Stephen Spoonamore CEO