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Axion announces that it has received its first purchase order for Ecotrax rail ties which will be shipped to Russia and installed in track with a major transit line later this year.
The rail ties were sold to Axion's in-country distributor and business partner, TVEMA, an international group of companies based in Moscow whose subdivisions are involved in design, manufacture, and project development of rail diagnostic equipment. Over the past 18 months, Axion has been working diligently with TVEMA to create composite rail tie standards and specifications for Russia.Russia's railway system is the country's key mode of transportation, with an operational length of over 85,000,000 kilometers, making it the second largest rail network in the world. According to an article in Railway Technology a current rail modernization plan in Russia calls for the construction of up to 20,000 kilometers of new routes, the upgrade of 13,800 kilometers of freight lines for heavy axle loads, among other improvements, at an estimated cost of $353 billion by 2030. The European Bank for Reconstruction and Development (EBRD) has invested more than $1.6 billion in 13 Russian rail projects since 2001.Axion's composite rail ties have massive potential for widespread adoption throughout Russia's rail network, many of which traverse a variety of climates where wooden alternatives are short-lived. Ecotrax rail ties are not porous, they do not absorb moisture, and therefore are impervious to water and rot. Offering longevity and therefore a higher ROI for customers, it also provides the added environmental benefits of recycling plastic waste and reducing the harvesting of trees.Globally, Ecotrax are currently in track test or undergoing purchase approval with leading passenger and freight lines in Australia, Brazil, Chile, Mexico, New Zealand, Singapore, and Europe and throughout North America.More information: www.axionintl.com