Greenstone Holdings, Inc. (GSHN.PK) manufactures and sells chemicals utilized to enhance wood and paper product’s resistance to the environment. The Company’s products primarily include GreenShield, a proprietary chemical process to create composite material from wood, paper, and other material; and RockKote, which can be used on existing decks and playground equipment to stop harmful chemicals from leaching out.
Greenstone is in the business of providing a variety of unique chemical technologies that are primarily used in the building and construction industry. The Company’s first brand name product, GreenShield™, offers a “green” solution to protect wood based building materials and other products including lumber, logs, plywood, drywall, window, door, railroad ties, fencing, and utility poles from moisture and fire. The $25 billion water damage market is one example of many that the GreenShield sealer can find a niche in.
Greenstone also distributes Green-Dri™, revolutionary biological dry kiln for drying wood; Permeate™, a very unique chemical sealer for metal, concrete, and other construction material; MagneLine ®, a very strong polymer cement mortar to reinforce metal and concrete structures such as bridges and highways; and Crystal-Guard™, an asbestos encapsulant that enables the economical detoxification of removed asbestos.
The demand for environmentally friendly chemicals that can improve the durability of wood products and extend their service life is on the rise. According to data provided by insurance companies, homeowner’s insurance claims arising out of water damages, including mold, rot and freezing, exceeds $25 billion annually.
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