Eden Energy Limited
(ASX:EDE) says it has now set US market pricing on its carbon strengthened concrete additive.
An initial list price of US$25 per gallon has been set however Edencrete plans to undergo a detailed review of both the US and global concrete additive markets and will adjust pricing if necessary.
Eden says it estimates the global concrete and cement market to be worth around US$450 billion in 2012 with demand forecast to rise by around 9 per cent annually to 2017.
The company is also expanding capacity at its Colorado production facility.
Eden Energy made a net loss of $5.5 million for the 2015 financial year.
