Paymeon, Inc.’s Basalt America announces FRP's (Fiber Reinforced Polymers) referenced as a “megatrend” in concrete reinforcement at this week’s North American Pultrusion Conference in Atlanta
FORT LAUDERDALE, Fla., April 07, 2017 (GLOBE NEWSWIRE) -- Paymeon, Inc.’s (OTC MARKETS:PAYM) wholly-owned subsidiary, Basalt America, is pleased to announce that while speaking at the North American Pultrusion Conference in Atlanta this week, Dr. Sanjay Mazumbe, chief executive officer of Lucintel, a global market research and management consulting firm, referenced FRP's (Fiber Reinforced polymers) as a megatrend in concrete reinforcement.
Basalt America's array of concrete reinforcements fall under three categories including GFRP (Glass Fiber Reinforced Polymers), BFRP (Basalt Fiber Reinforced Polymers), and FRP (Fiber Reinforced Polymers). Basalt America is proud to be at the forefront of this megatrend.
- The City of Miami’s Omni Park was opened this week. Portions of the park’s construction incorporate Basalt America’s RockMesh® and RockStaples™.
- Basalt America received confirmation from Florida Department of Transportation (“FDOT”), that its Rock Rebar® product has been approved for use in the Halls River Bridge, a vehicular bridge near Tampa, Florida. The bridge is referenced in a video of the Innovation Bridge by the University of Miami (see video here: https://www.youtube.com/watch?v=xy3ISYNJfOI&t=70s)
- Basalt America recently submitted a design incorporating its products for construction of the “Border Wall” between the United States and Mexico that we believe would generate substantial savings and benefits relative to cost estimates currently being discussed in the media.
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Released April 7, 2017