Verde Collaborates with Ergon to Produce Innovative Emulsion for Low-Carbon Road Surface Materials
Rhea-AI Summary
Verde Resources (OTCQB: VRDR) has partnered with Ergon Asphalt & Emulsions to develop and validate a groundbreaking emulsion for low-carbon road surface materials. The collaboration involved creating a specialized emulsion by combining a proprietary emulsifying agent with Ergon's high-performance emulsion base, marking the first such blend in the United States.
The material was successfully tested through multiple stages: a small-scale pilot at Paragon Technical Services in Mississippi on December 4th, a production run at Ergon's Port Birmingham emulsion mill on December 18th, and installation at the National Center for Asphalt Technology Test Track on December 20th. This innovation aims to transform America's $165 billion road surfacing industry by making it more cost-effective, durable, and environmentally friendly.
Positive
- First successful U.S. implementation of proprietary emulsion technology
- Strategic partnership with established industry leader Ergon
- Successful completion of multiple testing phases
- Targeting large market opportunity in $165B road surfacing industry
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, VRDR gained 0.63%, reflecting a mild positive market reaction.
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The process involved blending a proprietary emulsifying agent with Ergon's high-performance emulsion base to create a specialized emulsion. This emulsion acts as a unique binder, facilitating the integration of Verde's carbon and aggregates into a durable and sustainable surface material. The material was installed on December 20th at the National Center for Asphalt Technology (NCAT) Test Track. This achievement was preceded by a small-scale pilot at Paragon Technical Services in
"This marks the first time this proprietary emulsifying agent has been blended with emulsion base asphalt in
Larry Tomkins, Senior Vice President of Sales & Marketing at Ergon, added, "Verde has introduced a unique innovation to the
This project underscores Verde's commitment to advancing innovative Net Zero solutions through working with industry leaders like Ergon. Its success represents a significant milestone in developing low-carbon materials and applications, paving the way for future innovations.
*Source: IBIS World Research reports
About Verde Resources Inc.: Verde Resources Inc. (OTCQB: VRDR) is a leader in sustainable building materials, specializing in innovative solutions that advance the transition to a Net Zero future. By integrating proprietary technologies with sustainable practices, Verde is at the forefront of creating low-carbon materials for infrastructure projects worldwide. For more information, visit https://www.verderesources.com.
About Ergon Asphalt & Emulsions, Inc.: Ergon Asphalt & Emulsions, Inc., a subsidiary of Ergon, Inc., is a leading provider of high-performance asphalt products and technologies. With decades of experience, Ergon specializes in delivering advanced emulsions, polymer modified asphalts, and other solutions that enhance pavement performance and sustainability. Through its state-of-the-art facilities and dedicated technical expertise, Ergon is committed to driving innovation in the asphalt industry.
This press release includes forward-looking statements subject to risks and uncertainties that may cause actual results to differ materially. While Verde believes these statements are based on reasonable assumptions, they rely on current information and inherently uncertain future projections. Additional risks and uncertainties are outlined in Verde's SEC filings, which may further impact actual outcomes in this press release.
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SOURCE Verde Resources Inc.