Conico (ASX:CNJ) - Chairman, Greg Solomon
Chairman, Greg Solomon
Source: Conico
The Market Online - At The Bell

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

  • Eden Innovations’ (EDE) EdenCrete product has been used in an ongoing renovation project at the Denver International Airport
  • Several concrete panels on the airport’s maintenance hangar apron have deteriorated over time and required removal and replacement
  • Less than US$2400 (about A$3110) worth of EdenCrete was needed to replace the first five panels of the maintenance hangar apron 
  • The company expects to see additional opportunities for its EdenCrete product with other airports and airlines in the near future
  • Eden Innovations is down 3.23 per cent and trading at three cents per share

Eden Innovations’ (EDE) EdenCrete product has been used in an ongoing renovation project at the Denver International Airport.

With some potential light at the end of the COVID-19 pandemic tunnel, United Airlines has begun work on improving sections of the airport that require attention. In particular, several 26-year-old concrete panels on the apron of the airport’s maintenance hangar have deteriorated over time.

The panels had cracked due to alkali silica reactivity, exhibited scaling due to chemical attack from de-icing chemicals, and shown wear and tear from abrasion caused by aeroplan tyres. As such, the panels required removal and replacement. 

In February 2020, Eden Innovation’s EdenCrete product was taken for a test run, replacing several small sections of concrete on the maintenance hangar apron. After being used for over a year, the sections showed no sign of deterioration.

As a result, the general contractor Maynard Construction specified the use of EdenCrete for replacing the first five adjacent concrete panels at the apron. A total of less than US$2400 (roughly A$3110) worth of EdenCrete was required to complete the task. 

The contractor, Maximum Civil Construction, has reported that concrete pumped, placed, and finished exceptionally well. 

Several more of the concrete panels near Denver Internationals’ maintenance hangar will require removal and replacing this year and in the future. As such, Eden Innovations expects to see further demand for application of its EdenCrete product moving forward.

The company also expects to see additional opportunities with other airports and airlines in the future.

Eden Innovations is down 3.23 per cent, trading at three cents per share at 1:16 pm AEST.

EDE by the numbers
More From The Market Online

AML3D secures Australian defence government contract

AML3D signed a contract with the Australian Government Defence Science and Technology Group (DSTG) to supply…

Purifloh makes progress on destroying PFAS ‘forever chemicals’

PFAS substances are sometimes called "forever chemicals," for they don't break down naturally in the environment.…

SRG Global secures $150m in new contracts across Australia

SRG Global (ASX:SRG) reaffirmed its strong presence in the Australian market by acquiring multiple contracts for…

HighCom inks fresh body armour order worth $4.7M

HighCom – formerly known as XTEK – has announced its receipt of a contract order for…