Source: Eden Innovations
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • Eden Innovations’ (EDE) subsidiary appoints a sales agent for its EdenCrete product range in Indonesia
  • Eden Innovations LLC has appointed PT Bangun Akal Indonesia, trading as Building Ai Indonesia, as its sales agent for a two-year term
  • Through the appointment, Ai Building will provide full sales support and introduce customers, and will receive a commission on sales to any customers it introduces
  • Eden Innovations is up 5.88 per cent, trading at 1.8 cents per share at 12:45 pm AEDT

Eden Innovations’ (EDE) subsidiary has appointed a sales agent for its EdenCrete product range in Indonesia.

EdenCrete is a carbon-strengthened concrete additive that enhances a wide range of performance characteristics of concrete.

Eden Innovations LLC has appointed PT Bangun Akal Indonesia, trading as Building Ai Indonesia, as its sales agent for a two-year term.

The selection follows trials in Indonesia of the EdenCrete products, undertaken by two Indonesian companies which were introduced by Ai Building. Through this, EdenCrete was proven to enable high strength, low Co2, low cost, high-fly ash content concrete mixes to be produced.

Through the appointment, Ai Building has agreed to provide full sales support and introduce customers, and will receive a commission on sales to customers introduced by Ai Building.

Eden Innovations says Indonesia is a target market for EdenCrete products due to its population of more than 275 million people. Indonesia is said to be the fourth largest producer of cement in the world, producing 73 million tonnes of cement in 2020.

Eden Innovations was up 5.88 per cent, trading at 1.8 cents per share at 12:45 pm AEDT.

TAS by the numbers
More From The Market Online

Week 17 Wrap: BHP-Anglo deal helps push down ASX; US data of concern but AI bulls happy

The big thematics and headlines that drove the ASX this week, plus, the headlines I think…
The Market Online Video

Market Close: ASX signs off on a sigh with all sectors red-lining

The ASX200 finished 1.3 per cent down with every sector in the red and Industrials and Real Estate brittle and bruised as bot…
The Market Online Video

Market Update: ASX on red alert with all sectors below the surface

The ASX200 is trading down around 1.1% with all eleven sectors in the red. Real-estate has…

ResMed spikes on robust results and global growth spurt

ResMed shares have climbed following the release of the company's strong Third Quarter FY2024 results.