A new company is forming in Western Australia in a joint venture to develop low carbon geopolymer concrete products.
PERMAcast has teamed up with Suvo Strategic Minerals with a Joint Development Agreement to develop geopolymers made from waste-derived products that can be fast-tracked to commercialisation within two to three years.
PERMAcast CEO Darren Hedley says the new partnership marks a significant step towards creating more sustainable construction solutions by addressing the need to reduce carbon emissions.
Combining PERMAcast’s manufacturing expertise and market access with Suvo’s research capabilities positions the pair to produce high-performance, eco-friendly concrete products to the market faster, according to CEO Darren Hedley.
“The development of geopolymer concrete products not only aligns with our sustainability goals but also presents a unique opportunity for us to lead the market in low-carbon building materials.”
Suvo Executive Chairman Aaron Banks called it “an opportunity that cannot be overstated” and revealed that both companies have already identified a number of suitable products to commence manufacturing.
Privately owned PERMAcast was founded in WA in 2006 and currently employs 400 people and is a major supplier of precast and prestressed concrete products for big infrastructure, oil and gas, and mining projects in the state.
Image source PERMAcast.