Xeriant (OTCQB: XERI) provided an update on ongoing production of NexBoard (TM) at its contract manufacturer, reporting that the company achieved nearly a 25% reduction in panel weight while maintaining the same dimensions. Xeriant said the manufacturing process is being used to establish material compatibility, equipment capabilities, cycle times and product consistency as it prepares for future production scaling.
Production is continuing as Xeriant works through additional product objectives, with panels being used to fulfill sample requests from homebuilders and commercial construction firms evaluating NexBoard (TM) as a universal construction panel. Marketed under the DUREVER (TM) brand, NexBoard (TM) is made from recycled plastic and fiber waste and incorporates Xeriant proprietary Durazite (TM) fire-retardant technology.
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