The AZEK Company Inc. (NYSE: AZEK) ("AZEK" or the “Company”), the industry-leading manufacturer of beautiful, low-maintenance and environmentally sustainable outdoor living products, including TimberTech® decking, Versatex® and AZEK® Trim, and StruXure™ pergolas, announced today that Green Builder has named two AZEK products to its 2023 list of Sustainable Products of the Year - TimberTech Advanced PVC Decking and AZEK Exteriors Captivate Pre-finished Siding & Trim.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230406005123/en/
TimberTech®️ Advanced PVC Decking and AZEK®️ Exteriors CaptivateTM Pre-Finished Siding & Trim Named Green Builder 2023 Sustainable Products of the Year (Graphic: Business Wire)
“We are honored to have not one, but two AZEK product innovations recognized as sustainable products of the year by Green Builder,” said Jesse Singh, CEO of The AZEK Company. “When it comes to innovation, beauty, performance and sustainability, AZEK is leading the way forward with its unparalleled portfolio of wood-alternative outdoor living and home exterior products, including its award-winning TimberTech Advanced PVC Decking and Captivate Pre-Finished Siding & Trim. Builders and homeowners alike are increasingly interested in purchasing and installing products that have a lower impact on the environment. When they choose AZEK products, our customers are able to create outdoor spaces that are inspired by nature, manufactured with recycled waste and scrap material that most others cannot or do not want to use, and sustainably engineered to last beautifully.”
TimberTech Advanced PVC Decking
Delivering TimberTech’s best aesthetics and engineered for performance, the Advanced PVC Decking line is the game-changing low-maintenance decking solution for outdoor living spaces. Plus, it is sustainably made from approximately 60% recycled content – by far the highest percentage of recycled content available in the PVC decking market today – making it more environmentally sustainable over its lifecycle than both composite decking and traditional wood decking, including exotic hardwoods like Ipe, according to the results of our life cycle assessment studies. TimberTech’s Advanced PVC Decking features unbeatable moisture resistance, fade resistance, and a barefoot-friendly surface that is splinter free and slip-resistant. Also a better choice for fire zones, TimberTech’s Advanced PVC collections pass tests for slowing flame spread, offering a Class A Flame Spread Rating, WUI compliance, or both. The TimberTech Advanced PVC line is manufactured with post-industrial and post-consumer waste such as old vinyl siding from homes, PVC pipe and window trim and is recyclable through AZEK’s FULL-CIRCLE Recycling program at end-of-life. For More information, visit timbertech.com.
AZEK Exteriors Captivate Pre-Finished Siding & Trim
Launched in 2022, Captivate is a new line of prefinished siding and trim developed in collaboration with our finishing partner Russin®. Captivate uniquely combines AZEK’s engineered polymers and PaintPro® technology surface prep with Russin’s automated high-tech painting technology and environmentally controlled curing. The result: A product that is naturally resistant to water and ultra low-maintenance with a finish superior to anything painted in the field. Made from approximately 30% post-consumer and/or post-industrial recycled PVC material, the Captivate line includes a range of siding and trim profiles complementary to a variety of architectural design styles, including shingle siding that duplicates the look of natural painted cedar shingles, board and batten siding for either accent areas or an entire elevation, and dozens of trim profiles for a complete, finished look. Consistent with other products offered by AZEK Exteriors, Captivate is specially designed to provide a premium product able to withstand the elements with lifetime limited and 15-year paint performance warranties. In addition, it was designed to be recyclable at the end of its useful life through AZEK’s FULL-CIRCLE Recycling program. For more information, visit azekexteriors.com/captivate.
“As a company and as a team, we are committed to changing the game with every product we launch, accelerating our use of recycled materials to manufacture our innovative portfolio of products, thereby diverting hundreds of millions of waste and scrap from landfills each year and protecting the health and wellbeing of our planet.” added Mr. Singh.
To learn more about AZEK’s recycling capabilities and to see how AZEK turns otherwise landfill-bound waste and scrap into beautiful outdoor living products, view our recycling video here.
SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS
This release contains or refers to certain forward-looking statements within the meaning of the federal securities laws and subject to the "safe harbor" protections thereunder. Forward-looking statements are statements about future events and are based on our current expectations. These forward-looking statements may be identified by the words “believe,” “hope,” "expect," "intend," "will," "target," “anticipate,” "goal" and similar expressions. Our forward-looking statements include, without limitation, statements about our products and product performance, statements about our recycling initiatives and ability to incorporate recycled content into our products and statements with respect to our ability to meet the future targets and goals we establish, including our environmental and recycling goals, and the ultimate impact of our actions on our business as well as the expected benefits to the environment, our employees, the communities in which we do business or otherwise. We base our forward-looking statements on information available to us on the date of this release, and undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of changed circumstances, new information, future events or otherwise, except as may otherwise be required by law. Actual future events could also differ materially due to numerous factors that involve substantial known and unknown risks and uncertainties including, among other things, the risks and uncertainties set forth under "Risk Factors" and elsewhere in the our reports on Form 10-K and Form 10-Q and the other risks and uncertainties discussed in any subsequent reports that we file with the Securities and Exchange Commission from time to time. Although we have attempted to identify those material factors that could cause actual results or events to differ from those described in such forward-looking statements, there may be other factors that could cause actual results or events to differ from those anticipated, estimated or intended. Given these uncertainties, investors are cautioned not to place undue reliance on our forward-looking statements.
ABOUT THE AZEK® COMPANY
The AZEK Company Inc. (NYSE: AZEK) is the industry-leading designer and manufacturer of beautiful, low maintenance and environmentally sustainable outdoor living products, including TimberTech® decking, Versatex® and AZEK® Trim, and StruXure™ pergolas. Consistently awarded and recognized as the market leader in innovation, quality, aesthetics and sustainability, products across AZEK’s portfolio are made from up to approximately 90% recycled material and primarily replace wood on the outside of homes, providing a long-lasting, eco-friendly, and stylish solution to consumers. Leveraging the talents of its approximately 2,000 employees and the strength of relationships across its value chain, The AZEK Company is committed to accelerating the use of recycled material in the manufacturing of its innovative products, keeping hundreds of millions of pounds of waste and scrap out of landfills each year, and revolutionizing the industry to create a more sustainable future. The AZEK Company has recently been named a Gamechanger in ESG by CohnReznick, a Top Workplace by the Chicago Tribune and a winner of the 2023 Real Leaders® Impact Awards. Headquartered in Chicago, Illinois, the company operates manufacturing and recycling facilities in Ohio, Pennsylvania, Idaho, Georgia, Nevada, New Jersey, Michigan and Minnesota. For additional information, please visit azekco.com.