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Soyad™ adhesive technology is a patented, formaldehyde-free adhesive system from Ashland Inc. (NYSE: ASH) that is used to manufacture interior wood products such as hardwood plywood, particleboard, medium-density fiberboard, and engineered wood flooring. Since 2005, more than 40 million hardwood plywood panels have been produced in North America with Soyad adhesives. In fact, the Hardwood Plywood Veneer Association (HPVA) of North America estimates that 56.8% of the hardwood plywood panels manufactured in North America during 2010 were made with Soyad adhesives.
Today, Soyad is used globally and is the adhesive system of choice for industry leading manufacturers who want to stay ahead of formaldehyde regulations and help improve indoor air quality.
Notably, Ashland was awarded a 2007 Presidential Green Chemistry Challenge Award for its role in developing and commercializing its Soyad adhesive technology. Administered by the U.S. Environmental Protection Agency, the Presidential Green Chemistry Challenge Awards Program recognizes chemical technologies that incorporate the principles of renewable green chemistry into chemical design, manufacture, and use.
Founded in 1924, Ashland is one of the top 10 specialty chemical companies in the world. In more than 100 countries, the people of Ashland provide the specialty chemicals, technologies and insights to help customers create new and improved products for today and sustainable solutions for tomorrow. Our chemistry is at work every day in a wide variety of markets and applications, including architectural coatings, automotive, construction, energy, food and beverage, personal care, pharmaceutical, tissue and towel, and water treatment.