What was the lumber Liquidator scandal?
Lumber Liquidators shares were slammed in March 2015 after a “60 Minutes” report alleged that Chinese-made laminate flooring from Lumber Liquidators installed in many American homes contained far higher than accepted levels of formaldehyde, a known carcinogen.
What did Lumber Liquidators get in trouble for?
Lumber Liquidators to pay $33 million for misleading investors about formaldehyde in laminate flooring. Virginia-based Lumber Liquidators, one of the largest flooring retailers in the country, has agreed to pay a $33 million penalty for misleading investors about formaldehyde-laced laminate flooring from China.
Does Mohawk laminate flooring have formaldehyde?
Mohawk embraces traditional and cutting-edge processes to produce products that do not contain volatile organic compounds or formaldehyde. They use kiln firing for their ceramic tile to PureBond technology that destroys formaldehyde adhesives in their engineered wood.
Does all laminate flooring have formaldehyde?
Not all laminate flooring releases high levels of formaldehyde. Also, studies have shown that after several years, formaldehyde released by products installed in the home may decrease to levels typically found in most homes.
Do all laminate floors have formaldehyde?
What Lumber Liquidators flooring has formaldehyde?
The following types of Lumber Liquidators lumber may contain excessive and illegal amounts of formaldehyde: 8 mm Bristol County Cherry Laminate Flooring. 8 mm Dream Home Nirvana French Oak Laminate Flooring. 12 mm Dream Home Kensington Manor Antique Bamboo Laminate Flooring.
Does luxury vinyl flooring have formaldehyde?
Formaldehyde is more common in laminate flooring, where it’s found in the adhesive and resin. However, formaldehyde is also a concern in vinyl flooring, although its levels tend to be lower than in laminate flooring.
How long does formaldehyde stay in laminate flooring?
Most laminate products let off formaldehyde gas for about ten years, but some makes may have a low-level of toxicity that is considered safest for at-home flooring.
Which is more toxic vinyl or laminate?
Laminate flooring also wins out over vinyl when it comes to environmental sustainability. Vinyl is produced using petroleum, which isn’t a renewable resource. Its production generates toxic chemicals.