Join our daily newsletter At The Bell to receive exclusive market insights
- Eden Innovations has announced the California Department of Transportation has approved the use of EdenCrete and EdenCrete Pz
- The approval will see the Eden’s concrete admixtures approved in 15 states across the U.S.
- EdenCrete is meant to be stronger, more durable and longer lasting than commonly used concrete
- These 15 states represent roughly 42 per cent of the total U.S. population and around 48,000 structurally deficient bridges that could benefit from EdenCrete
- Eden Innovations’ shares are up 11.6 per cent, with shares trading at 4.8 cents each at market close
Eden Innovations has announced the California Department of Transportation (Caltrans) has approved the use of EdenCrete and EdenCrete Pz.
As a result, Eden’s concrete products have been added to Caltrans’ Approved Product List for “Type S” concrete admixtures.
EdenCrete Pz is approved for use in six states and EdenCrete is approved in 15 states.
These include: Alaska, Arkansas, California, Colorado, Georgia, Kentucky, Louisiana, Mississippi, North Carolina, Oregon, South Carolina, Tennessee, Texas, Virginia and West Virginia.
Eden Innovations is a clean technology solutions company whose concrete products boast a wider range of performance characteristics compared to commonly used concrete.
The EdenCrete admixture boasts higher strength, abrasion resistance, reduce permeability, increased elasticity, and reduced shrinkage.
Together, these features support a more durable and longer lasting concrete for the construction and maintenance of buildings, roads and other infrastructure.
This approval follows the recently announced National Transportation Products Evaluation Program (NTPEP) completion of a 12-month assessment of EdenCrete and EdenCrete Pz.
Completing the NTPEP evaluations has meant the company can lodge applications to various Departments of Transport across the U.S. for the use of its products.
Receiving these approvals is another milestone for the company as its concrete product will be expanded to 15 states.
The 15 states represent roughly 42 per cent of the total U.S. population. A total of 48,000 bridges are structurally deficient and could benefit from the use of EdenCrete and EdenCrete Pz.
Eden Innovations’ shares are up 11.6 per cent, with shares trading at 4.8 cents each at market close.
