Accsys Technologies PLC is a publicly-listed company on the AIM and Euronext markets (LSE & AEX: AXS).
Commonly referred to as just ‘Accsys’, the business owns, produces, licences and markets acetylated wood products: principally Accoya® wood and Tricoya® wood chips.
Accsys, or ‘the Accsys Group’, comprises the holding company (Accsys Technologies PLC), wholly-owned subsidiaries, as well as a joint venture company in which Accsys holds a majority interest. All wholly-owned subsidiaries trade under the “Accsys” or “Accsys Technologies” name.
The principal activities of Accsys are the production and sale of Accoya solid wood and Tricoya wood elements, technology and product development as well as the licensing of technology for the production and sale of Accoya and Tricoya via Accsys’ subsidiaries.
Wholly-owned subsidiaries
- Titan Wood Limited is focused on the licensing of wood acetylation technology, in particular the Accoya and Tricoya brands.
- Titan Wood B.V. is focused on the production and sale of Accoya wood.
- Titan Wood Technology B.V. is focused on the development of acetylation technologies.
- Titan Wood Inc. is the US sales and marketing subsidiary of Titan Wood Limited with particular focus on developing the substantial North American market for Accoya and Tricoya.
- Accsys USA Holdings Inc and Accsys (Accoya USA) Holdings LLC are focused on Accoya production in the USA.
- Accoya Color UK Limited owns and operates the site in Barry, Wales, for the creation of our Accoya Color product from Accoya wood (read more).
- Accsys Jersey Limited has issued convertible loan notes to certain third parties.
- Tricoya Technologies Limited is engaged in the commercialisation of technology for the production of Tricoya wood elements around the world
- Tricoya UK Limited – in liquidation
Joint Venture
On 11 August 2020, Accsys, together with Eastman Chemical Company, formed a joint venture company, Accoya USA, LLC, to construct and operate an Accoya wood acetylation plant to serve the North American market with a technology license agreement being entered into. The plant commenced commercial operations in September 2024 and has an operational capacity of 43,000 cubic meters (~17 million board feet) of Accoya per annum with space for future expansion.