EdenCrete. Source: Eden Innovations
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • The Florida Department of Transportation (FDOT) approved the use of Eden Innovations’ (EDE) EdenCrete and EdenCrete Pz products
  • EdenCrete has now been approved for use in 22 US states and EdenCrete Pz has been approved for use in 17 states
  • These 22 states represent roughly 55 per cent of the total US population, 75,480 structurally deficient bridges and 55 per cent of the total US land area
  • EdenCrete is a carbon nanotube concrete additive that improves the strength of structures without compromising the strength of the concrete
  • Eden ends the day 4.76 per cent in the green with shares trading at 2.2 cents

The Florida Department of Transportation (FDOT) has approved the use of Eden Innovations’ (EDE) EdenCrete and EdenCrete Pz products.

EdenCrete has now been approved for use in 22 US states and EdenCrete Pz has been approved for use in 17 states.

These 22 states represent roughly 55 per cent of the total US population, 75,480 structurally deficient bridges, 52 per cent of the bridges in the country and 55 per cent of the total US land area.

EdenCrete is a carbon nanotube mixture that is used to improve the tensile and flexural strength of concrete without compromising corrosion and strength resistance.

Once added to the concrete mixture, the nanotubes fill the microscopic spaces between the cement particles. This does not leave openings, allowing no water to get in.

When the concrete has dried and set, the nanotubes create millions of strong and flexible carbon bridges throughout the structure.

Not only making concrete stronger, EdenCrete is also believed to increase the life of the structure beyond current expectations for the material.

EdenCrete Pz is designed to improve the strength and durability of mixes by using pozzolans, a combination of siliceous and luminous material, to replace cement.

It is also used to improve the tensile and flexural strength as well as cracking resistance.

Eden has ended the day 4.76 per cent in the green with shares trading at 2.2 cents in a $48.49 million market cap.

EDE by the numbers
More From The Market Online
The Market Online Video

Market Close: ASX flatlines as Financials flourish and Utilities flounder

The ASX200 closed trading relatively flat. The financials sector gained the most, up 0.35 of a…

Aus inflation read of 3.6% spooks ASX – before quickly returning to green

Australian inflation has come in mixed with an increase of 1% in the March quarter, but…