Verde Resources Inc. Launches VerdePlus to Redefine Infrastructure

Rhea-AI Summary

Verde Resources Inc. (OTCQB: VRDR) has launched VerdePlus Inc., a new subsidiary in partnership with Nature Plus Inc. (NPI), following a successful installation at the National Center for Asphalt Technology (NCAT) Test Track. The collaboration integrated NPI's innovative stabilization enzyme, TerraZyme, into the subgrade and base layers of Verde's cross-section at NCAT, marking a first-of-its-kind application.

TerraZyme eliminates the need for stabilizing lime in A-6 clay subgrades and reduces Portland cement usage by over 60%. This innovation offers significant benefits, including a reduced carbon footprint, enhanced soil stabilization, improved moisture resistance, at least 30% cost savings in construction, and reduced expenses for sourcing and transporting traditional road materials.

VerdePlus, majority-owned by Verde, will leverage the combined expertise of both companies to scale innovations in low-carbon building materials, focusing on road construction and concrete. The successful Test Track installation has also paved the way for quantifying environmental footprint reductions and working towards generating Carbon Avoidance Credits.

Positive

• Launch of VerdePlus Inc., a new subsidiary in partnership with Nature Plus Inc.
• Successful integration of TerraZyme at NCAT Test Track, marking a first-of-its-kind application
• TerraZyme eliminates the need for stabilizing lime and reduces Portland cement usage by over 60%
• At least 30% cost savings in construction
• Potential for generating Carbon Avoidance Credits

Negative

• None.

ST. LOUIS, Oct. 17, 2024 /PRNewswire/ -- Verde Resources Inc. (OTCQB: VRDR) is excited to announce a significant advancement: following the successful installation at the National Center for Asphalt Technology (NCAT) Test Track, Verde has established VerdePlus Inc., a new subsidiary in partnership with Nature Plus Inc. (NPI).

Verde collaborated with NPI to successfully integrate its innovative stabilization enzyme, TerraZyme, into the subgrade and base layers of its cross-section at NCAT, marking the first ever application of its kind. TerraZyme eliminates the need for stabilizing lime in A-6 clay subgrades and cuts Portland cement usage by over 60% compared to traditional methods. This innovation slashes the carbon footprint, enhances soil stabilization and moisture resistance, delivers at least 30% cost savings in construction, and reduces the expenses associated with sourcing and transporting traditional road materials.

"VerdePlus strengthens our commitment to sustainable infrastructure," said Jack Wong, CEO of Verde Resources. "This partnership will drive innovative green solutions into materials."

NPI will inject its intellectual property of TerraZyme into VerdePlus, a joint subsidiary majority-held by Verde. VerdePlus will leverage the combined expertise of both companies to scale innovations in low-carbon building materials, including road construction and concrete.

"We are very pleased to formalize this alliance with Verde," said Jon Sedgwick, CEO of NPI. "Our successful NCAT Test Track collaboration highlights the value of innovating for sustainability, and we look forward to expanding TerraZyme's impact within the Net Zero construction space."

The successful Test Track installation has enabled Verde and its partners to begin quantifying significant environmental footprint reductions and working towards generating Carbon Avoidance Credits using advanced methodologies, all while ensuring integrity and transparency to prevent greenwashing.

About Verde Resources Inc.
Verde is at the forefront of establishing the world's first Net Zero road construction blueprint, certified at the highest level. Through advanced solutions and strategic partnerships, Verde is committed to driving positive change in the industry and contributing to a more sustainable future.

About NPI
NPI is a developer and manufacturer of specialized enzyme products with a strong focus on sustainable infrastructure and innovative solutions that enhance environmental responsibility and economic efficiency.

About VerdePlus Inc. 
VerdePlus, a joint venture of Verde Resources Inc. and NPI, is committed to advancing low-carbon construction technologies. Its mission is to drive Net Zero initiatives with practical, cost-effective solutions that cut GHG in the infrastructure sector.

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SOURCE Verde Resources Inc.

FAQ

What is VerdePlus Inc. and how is it related to Verde Resources (VRDR)?

VerdePlus Inc. is a new subsidiary launched by Verde Resources Inc. (OTCQB: VRDR) in partnership with Nature Plus Inc. It aims to scale innovations in low-carbon building materials, focusing on road construction and concrete.

What is TerraZyme and how does it benefit road construction for Verde Resources (VRDR)?

TerraZyme is an innovative stabilization enzyme that eliminates the need for stabilizing lime in A-6 clay subgrades and reduces Portland cement usage by over 60%. It offers benefits such as reduced carbon footprint, enhanced soil stabilization, improved moisture resistance, and at least 30% cost savings in construction for Verde Resources (VRDR).

How has Verde Resources (VRDR) demonstrated the effectiveness of TerraZyme?

Verde Resources (VRDR) successfully integrated TerraZyme into the subgrade and base layers of its cross-section at the National Center for Asphalt Technology (NCAT) Test Track, marking the first-ever application of its kind.

What are the potential environmental benefits of Verde Resources' (VRDR) new technology?

Verde Resources' (VRDR) new technology offers potential environmental benefits including a reduced carbon footprint in road construction and the possibility of generating Carbon Avoidance Credits through quantifiable environmental footprint reductions.