Eden Innovations Limited bags an agreement with Korean Precast Concrete Manufacturer

To develop EdenCrete enriched concrete mix designs for its use in Korea, Eden signed an agreement with leading Korean Precast Concrete Manufacturer. This has been done to jointly develop EdenCrete enriched concrete, mortar and grout mix designs for use by KC in the Republic of Korea and elsewhere, and to improve their technical performance. Eden Innovations Ltd (ASX: EDE) is pleased to announce that it has signed a binding Memorandum of Agreement with KC Industry Co. Ltd., a leading Korean precast concrete manufacturer.

KC Industry, listed on KONEX (Korea Exchange), is a Korean precast concrete group that uses innovation and technology to deliver world-leading products for all sectors of the Korean precast concrete market. With a strong emphasis on infrastructure including bridges, subways, and tunnels, it has a significant research, testing and development capability (that has developed several patented products) and upon which it has built its position as a leader in the Korean precast concrete market.

To integrate EdenCrete into KC’s existing precast concrete products as well as to develop other cement-based products, including mortars and grouts, that incorporate EdenCrete for KC to use and market into the wider Korean market, Eden and KC entered into the Agreement to collectively undertake the necessary testing and development.

EDE stock soared by about 18% on July 09, 2018, with the release of the announcement, before market close.


The advice given by Kalkine Pty Ltd and provided on this website is general information only and it does not take into account your investment objectives, financial situation or needs. You should therefore consider whether the advice is appropriate to your investment objectives, financial situation and needs before acting upon it. You should seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice) as necessary before acting on any advice. Not all investments are appropriate for all people. Kalkine.com.au and associated websites are published by Kalkine Pty Ltd ABN 34 154 808 312 (Australian Financial Services License Number 425376). The information on this website has been prepared from a wide variety of sources, which Kalkine Pty Ltd, to the best of its knowledge and belief, considers accurate. You should make your own enquiries about any investments and we strongly suggest you seek advice before acting upon any recommendation. Kalkine Pty Ltd has made every effort to ensure the reliability of information contained in its newsletters and websites. All information represents our views at the date of publication and may change without notice. To the extent permitted by law, Kalkine Pty Ltd excludes all liability for any loss or damage arising from the use of this website and any information published (including any indirect or consequential loss, any data loss or data corruption). If the law prohibits this exclusion, Kalkine Pty Ltd hereby limits its liability, to the extent permitted by law to the resupply of services. There may be a product disclosure statement or other offer document for the securities and financial products we write about in Kalkine Reports. You should obtain a copy of the product disclosure statement or offer document before making any decision about whether to acquire the security or product. The link to our Terms & Conditions has been provided please go through them and also have a read of the Financial Services Guide. On the date of publishing this report (mentioned on the website), employees and/or associates of Kalkine Pty Ltd do not hold positions in any of the stocks covered on the website. These stocks can change any time and readers of the reports should not consider these stocks as advice or recommendations.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s