InvestSMART

Eden Innovations Ltd (ASX:EDE)

ALERT: Price-sensitive ASX Announcement for EDE
Current share price for EDE : $0.105 -0.04 (-27.59%)+
Announcement
Release
22 Jun 2026 9:35AM
Price at Release
$0.145
Full Release
download
Summary
Eden Innovations Ltd announced promising trial results of their EdenCrete® product in India's rapidly growing concrete market. The trials, conducted with Indian ready-mix concrete companies, high-rise property developers, and the Central Road Research Institute, demonstrated significant improvements in concrete performance and cost efficiency. Key results included a 28% reduction in abrasion in road mixes and a 10-20% increase in strength in high-strength concrete mixes, achieved with reduced use of Ordinary Portland Cement by substituting with fly ash and slag. This not only enhanced the concrete quality but also lowered costs and the CO2 footprint. These developments align with India's infrastructure growth and the government's substantial investment in construction, positioning EdenCrete® as a valuable addition in various infrastructure projects, particularly for high-rise constructions and durable road applications.
Key Points
  • EdenCrete® trials in India show significant performance improvements.
  • 28% reduction in abrasion for road mixes at low cost.
  • 10-20% strength increase in high-strength mixes with cost reduction.
  • Use of fly ash and slag reduces CO2 footprint and lowers costs.
  • India's concrete market is rapidly growing due to government infrastructure spending.
  • Successful trials with ready-mix companies, property developers, and CRRI.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.