RM2 International has now entered into long-term, scalable contracts for the supply of pallets with a total of seven customers and is currently deploying pallets under provisional agreements with a further six companies. In particular, the company announced that it has now entered into a substantial, long-term contract in North America with a NYSE-listed provider of print and related products and services. The contract relates to the initial deployment of BLOCKPal™ pallets in locations expected to generate approximately 450,000 pallet trips per year, with a stated intention to grow the level of deployment during 2015.

Other contracts and agreements are with large pallet users across a range of industrial sectors and, in addition to those customers identified in the company's interim results in September 2014, include a contract with one of the leading food and beverage companies. This contract, under which the company will service certain of its UK and continental European closed loops, is also expected to expand significantly through the first half of 2015.