LUXON develops and markets new products and technologies for various global industries, such as: 1) Formaldehyde-free thermoset adhesive for wood-based panel industry: Our new generation formaldehyde-free adhesive solves the problem of formaldehyde in the global wood-based panel industry. Our innovation offers the following: Formaldehyde-free panels: Water-based, environmentally friendly, no carcinogenic effects and non-harmful for human health. Superior panels: Much better properties in all testing criteria (tensile strength, bending strength, dimensional stability, moisture saturation, chamber tests, and all others). Cost reduction: Price advantage over formaldehyde. Reduced usage of adhesive, fiber, energy, faster production speed, and lower wastage ratio. Energy savings: 32% by lower curation temperature. Lower Carbon Footprint: Faster production speed, significant energy savings, reduced usage of raw materials, lowered wastage ratio. Product diversification: Options of basic style, water resistant, fire resistant, water and fire resistant. Ease of transformation: Adjusts to the existing machinery perfectly. Sustainability: Superior ability to use agricultural fibers and chips will save world forests with more sustainable production. 2) Hot-melt adhesive technology: Superior properties, more competitive price level. 3) Fire-proof EPS and XPS. 4) Fire-proof coatings for construction and automotive industries. 5) Solutions for fire extinguishing and protection in forest fires. LUXON is the distributor of STEP Warmfloor and STEP Snowmelt systems in Western Canada: • STEP products are used for in-floor heating and snow/ice melting in residential, commercial, industrial projects. Being produced in the U.S.A. with nanotechnology, STEP Heating Elements are semi-conductive polymer elements which are self-regulating and low voltage (24 Volts AC and DC).