Eden Innovations’ concrete additives approved by two more US states

Australian clean technology developer Eden Innovations (ASX: EDE) has increased its US profile with two of its concrete strengthening products being approved by transportation departments in Oklahoma and California.

The addition of EdenCrete and EdenCrete Pz to the departments’ list for “Type S” concrete additives means the company now has approval to use both products in 23 states.

EdenCrete has been approved for use in 16 states and EdenCrete Pz in seven states.

Another nine states are currently under review.

The 16 states represent approximately 43% of the total US population of 99 million and include 61,000 bridges which are structurally deficient or functionally obsolete.

Product assessment

EdenCrete and EdenCrete Pz have been the subject of a recently-completed 12-month independent product assessment by the US National Transportation Products Evaluation Program.

NTPEP made the data available to all US state transportation departments for use as part of their own product approvals and qualifications processes.

The product assessments have opened the way for Eden to lodge applications seeking approval for the use of EdenCrete and EdenCrete Pz in all US states.

“After a long period of development and initial marketing of the EdenCrete products, [we are] starting to see an increasing number of customers emerging across a broadening geographic market base across the US,” the company said.

Concrete enhancers

EdenCrete is a proprietary carbon-strengthened additive developed to deliver stronger, tougher, more durable and longer-lasting concrete.

The product enhances a range of concrete performance characteristics including compressive, flexural and tensile strength; abrasion resistance; permeability; and shrinkage.

One of the primary target markets for EdenCrete is the construction and maintenance of concrete roads, bridges and other infrastructure which is subject to heavy wear and weather conditions and high levels of added salt.

It can also be used in most other concrete applications including high-rise building construction, marine and coastal applications, water storage and pipelines, hardstand areas, warehouses, shotcrete applications and pre-stressed and pre-cast concrete structures.

EdenCrete Pz was specifically developed to improve the performance of concrete mixes containing pozzolans – a class of siliceous and aluminous materials with little or no cementitious value which are typically used as cement replacements rather than additions.

Last month, Eden broke into New York’s large concrete market when it secured the first commercial sale for EdenCrete Pz to a Brooklyn-based contractor.

Management changes

Eden’s board of directors today announced a change to its US management team line-up in an effort to accelerate growth in its primary market.

Current chief executive officer Roger Marmaro, who has been with Eden US since 2005, has been appointed president of US sales and will be responsible for the entire sales cycle from management of the company’s sales team to adding new strategic sales channels.

Dag Grantham, who joined the company in 2016, will assume the role vacated by Mr Marmaro.

Mr Grantham is currently Eden’s senior vice president (business development) and will relocate to Colorado to take up his new position.

At midday, shares in Eden were up 4.26% to $0.049.