Exousia Advanced Materials, Inc., in accord with its recent acquisition of Evergreen Global Investments, Ltd., announced some new appointments today, Friday, January 22, 2010.
Through subsidiary Evergreen Global Investments Ltd., Texas-based EXOU provides a suite of specialized materials for a global market, including Advanced Resins (RPA™), Engineered Particles (VISTAMER® Rubber), Industrial Coatings (AEGEON™ and Power Shield™), and Structural Materials (E-CORE™ and TRUSS CORE™), all featuring Green Energy (eco-friendly) attributes.
The Evergreen acquisition was revealed on Jan 13, 2010, and is comprised of energy services company Able Energy, and the operating company, PriceEnergy, which provides an e-commerce platform for handling marketing, sales, management and order fulfillment for heating oil customers.
Louis Aponte will bring his 12 years in project management and construction to bear as President of the Able Energy Division of Evergreen; located in New Jersey. This operation supplies fuel products to thousands of consumers in the U.S. Northeast.
Everett Dickson, who currently manages one of the biggest U.S. biodiesel plants in which Evergreen holds an interest, was appointed to the role of Director of Facility Operations for Evergreen.
Chairman of EXOU’s Board of Directors, J. Wayne Rodrigue, spoke of these appointments as the “first of many steps” over the next few months to fully “realize the strategic benefits” of the Evergreen acquisition, with its “portfolio of growth companies focused on clean and renewable energy”.
Rodrigue noted the $45M revenue in fuel sales from the most recent fiscal year as evidence of the strong position this acquisition affords for rolling out additional U.S. and China operations and executing long-standing contracts.
Rodrigue declared “significant opportunities to expand the sales of our eco-friendly industrial products into the Evergreen operational and distribution platform”, and laid out the business strategy for moving forward, which will emphasize rapid revenue growth and increased overall profitability “by taking full advantage of these and other synergies”.