improvement in fuel efficiency. These
fuel savings – which equate to a reduction of 15 tons of CO2 per day – convinced Baleària to enroll the vessel into
the carbon credits program.
“We are happy with the performance
of our vessel since Intersleek1100SR was
applied,” said Guillermo Alomar, manag-
ing fleet director of Baleària. “We decided
to use the new technology due to the fuel
saving potential and the positive envi-
ronmental image of using biocide-free
technology on our passenger vessels in
the Mediterranean Sea. The performance
improvement was immediately apparent
and analysis of the first year of sailing
data confirms a significant fuel saving of
over 12 percent.”
He added that Baleària intends to use
the carbon credits as evidence of the ferry
operator’s commitment to reducing its
impact on the environment and to aid in-
vestment in its other vessels.
Commenting on Baleària’s enrol-
ment, Trevor Solomon, Intersleek
business manager for AkzoNobel’s
Marine Coatings business, said: “The
fuel saving figures from the Martin i
Soler prove that Intersleek1100SR can
give immediate efficiency gains and
maintain those over time. This enables
ship owners and operators to ben-
efit from operational, environmental
and energy efficiencies. Baleària joins
a growing number of companies that
have enrolled into the second round of
carbon credit claims – our first claim,
worth almost $500,000 for 17 vessels is
being audited now – and we anticipate
the first credits to be issued shortly.”
Oscar Wezenbeek, director of
AkzoNobel’s Marine Coatings business,
added: “We are very pleased with the
positive response to our carbon credits
program. Based on the 100 eligible ships
already converted from a biocidal anti-
fouling to Intersleek technology, there is
an estimated $2.8 million worth of car-
bon credits potentially available to ship
owners and operators.”
American Securities
to Acquire Royal
Adhesives and
Sealants from Arsenal
Capital Partners
American Securities LLC and Arsenal
Capital Partners has announced that
American Securities has partnered with
management and signed a definitive
agreement to acquire Royal Adhesives
and Sealants, LLC, a producer of propri-
etary, high-performance adhesives and
sealants, from Arsenal Capital Partners.
The transaction is expected to close in
June of 2015 and is subject to custom-
ary closing conditions and regulatory
approvals. Financial terms of the transac-
tion were not disclosed.
Headquartered in South Bend, Indiana,
Royal offers a broad range of specialty
formulated products designed to solve
complex bonding, laminating and sealing
applications across a diverse range of markets, including aerospace and defense, construction, specialty packaging, automotive,
