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Eden Innovations (ASX:EDE) receives first post-COVID orders

Industrial
ASX:TAS      MCAP $3.563M
01 July 2020 16:40 (AEST)

Eden Innovations (EDE) has received its first post-COVID-19 orders for EdenCrete products from New York and Ohio.

EdenCrete is a carbon-strengthened concrete additive which creates long-lasting and durable concrete.

The two orders are both for less than US$10,000 (approximately A$14,400) worth of EdenCrete products and were received after the recent easing of restrictions surrounding the pandemic.

Both New York and Ohio’s construction industry has been shut down since early 2020.

The orders are to re-fill the EdenCrete dispensing systems that are installed at the customer’s plants and are scheduled to be dispatched in ten days.

“After the COVID-19 pandemic lockdowns and the very difficult commercial
conditions in the U.S. over the past five months… [these orders] are very welcome milestones for Eden,” the company said.

Eden is up 3.85 per cent on the market this afternoon, trading for 2.7 cents per share at 1:43 pm AEST.

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