Eden Innovations (ASX:EDE) is pleased to report that its EdenCrete® Products have seen significant expansion in the US market in the past year with a considerable growth in new customers.
Sales took place in 16 US states and Canada, with 16 new customers over the last 6 months from 8 US states plus 1 from Canada.
Additionally, 36 concrete plants across 9 US states purchased EdenCrete® in 2022, and 14 concrete plants across 3 US states have installed or are in the process of having installed, bulk EdenCrete® storage tanks and dispensing equipment.
Furthermore, extensive trials are underway in the US with two large concrete companies that each operate in multiple US states to test the performance benefits and cost benefits delivered by EdenCrete®Pz7.
Discussions and trials are also currently underway in India and Indonesia which could significantly increase demand for both EdenCrete®Pz and EdenCrete®Pz7.
Following the announcement, shares of Eden Innovations (ASX:EDE) were up 25%.