In an interim statement, the London-based company, whose manufacturing arm is based in Holland, also said revenue from sales to Accoya customers (excluding sales to Medite for the manufacture of Tricoya modified wood panels) grew by 42% for the period.
Accsys and Tricoya Technologies Ltd, the newly formed joint venture with Ineos, have continued to develop new and existing potential Accoya and Tricoya licence opportunities with parties whose combined total wood product manufacturing or processing capacity is in excess of 10 million m3/year.
Coillte Panel Products has continued to grow sales of Medite Tricoya Extreme Durable MDF since the product was launched at the end of 2011. Panels are now being sold in five European countries.