Hi nursery,
To be honest, it does feel like everything, including the expansion to Australia, has taken a long time, however, in reality, things have actually progressed pretty quickly, particularly if you consider that in 2015 no one in Australia was interested in EdenCrete at all.
I think we should all bear in mind that it was in July 2016, after the 100% successful completion of lab and field testing of EdenCrete on the I-20, that the GDOT considered that they would first use EdenCrete. However, before this could happen they had to write the specs first, which took well over a year. In addition the ASTM testing that had already been undertaken, had to be concluded, which happened in early 2017. The expansion of EdenCrete's production capabality at Colorado also had to be completed, which also took until the first half of 2017. This production expansion included the EPA tests of not only EdenCrete, but also the entire production process and plant, which were crucial. Therefore it was basically mid to late 2017 before EdenCrete in Colorado was really in a position to deliver EdenCrete the product in commercial quantities.
I therefore see 2018 as the first real full year of EdenCrete production and sales. Although sales were extemely sluggish in 2018, for various reasons, a significant amount of progress was made. For example: a JV partner (KC) was indentified in Korea who are likely to sign a JV agreement within the next few weeks, the Parchem/FORSROC/Dulux Group approached Eden in Australia, EdenCrete won the major Twiggs County project tender and commenced delivery, and the MARTA Whitepaper was released to the public after EdenCrete had undergone 2 years of exhaustive field testing. Also in 2018, both the 12 month GDOT/FHWA Class A and the 12 month NTPEP tests were commenced, which are both due to be succesfully completed around the middle of this year. These wil be 2 huge milestones.
As at February 2019, EdenCrete is now being marketed and sold by Parchem/FOSROC for major construction and infrastructure projects in Australia and NZ, after having undergone successful testing and due diligence for just over a year. EdenCrete has therefore now well and truly hit the ground running and is well placed to be considered for a considerable number of major construction and infrastructure projects in Australia and NZ, some of which that are listed on poyndexter's list, which he posted only 12 months ago.
Best regards,
Mark
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