Eden Innovations expands Colorado production facility

Company News

by Roma Christian

Eden Innovations Limited (ASX:EDE) has announced it has expanded its production facility in Colorado which is capable of producing proprietary carbon-strengthened concrete additive, Edencrete ®.

The company which produces a concrete strengthener, is in the final stages of its production scale up and it expects the plant will be at full production in three to four weeks.

Eden Innovations says the plant will largely be automated and capable of producing between 2 million to 2.4 million gallons of Edencrete ® per year.

A number of delays with local government approvals and inspections pushed the project back by several months.

The company says the plant will provide a more than a twenty-fold increase in Edencrete’s ® production capabilities, which will allow the company to expand its international sales and market reach.

Shares in Eden Innovations Limited (ASX:EDE) are trading 2.27 per cent higher to 22.5 cents.
 

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