ZCL Composites Inc. engages in the manufacture and distribution of fibreglass reinforced plastic (FRP) underground storage tanks (UST). These FRP UST products are used primarily in the downstream retail petroleum storage markets and the water and wastewater storage markets. It manufactures both a single wall, and for secondary containment, a double wall tank, to serve these industries. The company, as an alternative to UST replacements, has developed a FRP tank lining system that allows a single wall steel or fibreglass tank to be upgraded to a corrosion resistant secondary contained storage tank while still in the ground. The lining system is being implemented in North America and Asia. In addition, ZCL manufactures and distributes a patented, three dimensional glass fibre material called Parabeam, which is a main component of double wall tank products and tank lining systems. The company also manufactures and distributes a line of FRP home heating oil tanks, primarily for the Northeast U.S. and Eastern Canada residential markets. Its business also includes the manufacture and distribution of both FRP and steel aboveground storage tanks and related products and accessories. These products are used primarily in the upstream petroleum, industrial and commercial storage tank markets. In addition, the company can manufacture specialty fibreglass tanks, pipes and stacks for large-scale industrial projects such as the Northern Alberta oil sands. Products ZCL’s fibreglass reinforced plastic (FRP) storage tanks are offered in single wall or double wall styles, with single or multiple compartments and generally range in volume from 2,500 litres to 110,000 litres. Standard diameters are 4-foot, 6-foot, 8.5-foot and 10-foot. ZCL also manufactures custom sizes to meet specific needs of customers. The company also manufactures concrete anchors to keep the tanks in place. Prezerver double wall tanks can be dry monitored, pressure or vacuum monitored, or filled with brine in the space between the walls for hydrostatic monitoring. Parabeam, the company’s three-dimensional glass fabric, is used not only for storage tanks and tank liners but also in boats, ships, trucks, cars, trains and as a building material. ZCL’s UL and ULC approved Phoenix System tank liner using Parabeam allows in-situ upgrades of a single wall storage tank to a secondary contained system. ZCL’s aboveground steel tanks and fibreglass-lined steel tanks are used for certain custom industrial applications involving petroleum products and oil and gas production. Aboveground steel tanks are used for certain types of remote locations, such as for the storage of aviation fuel for bush pilots. Above ground fibreglass-lined steel tanks are also offered for the renewable fuels production market, in cases where underground storage is not suitable. ZCL’s FRP aboveground home heating oil tanks hold either 909 litres (200 Imperial Gallons) or 1,137 litres (250 Imperial Gallons) and are marketed in Canada and the U.S. as ‘The Safer Tank.’ The tanks are available with a single wall or a double wall. The double wall tanks come with a built-in visual sight-glass for easy monitoring. Markets The main market for tanks and tank liners is storage of refined petroleum products and renewable fuels such as gasoline, diesel fuel, ethanol and biodiesel. Other important markets for tanks are storage of water, waste water and chemicals. Customers The principal customers of the company's products are: Petroleum products retailers (also known as the downstream petroleum sector), such as service station and convenience store operators; Bulk users of petroleum products, such as trucking companies, car rental agencies and utilities; Oil and gas exploration companies (also known as the upstream petroleum sector), mainly for storage for brine that is sometimes produced as a by-product from underground oil and gas reservoirs; Pulp and paper companies and chemical producers, for the storage of industrial chemicals; and Builders or operators of water storage and wastewater systems for housing projects, campgrounds, resorts and other industrial and real estate developments. History ZCL Composites Inc. was founded in 1987.
zcl composites inc
(ZCL:Toronto Stock Exchange)
1420 Parsons Road SW
Edmonton, AB T6X 1M5
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