Xeriant Advances Eco-Friendly NEXBOARD Production Plans
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Progress Update on Xeriant's NEXBOARD™ Development
Xeriant, Inc. (OTCQB: XERI) is on an exciting journey to revolutionize construction materials. The company has been committed to creating innovative technologies that redefine various industries, particularly those related to eco-friendly materials and aerospace. Their latest venture focuses on NEXBOARD™, a groundbreaking composite green construction panel.
What is NEXBOARD™?
NEXBOARD™ is an eco-friendly, patent-pending composite made primarily from recycled plastic and fiber waste. This innovative board aims to offer a sustainable and durable alternative to traditional building materials such as wood and gypsum board. As the world seeks greener solutions, NEXBOARD stands out as a responsible choice for environmentally conscious construction.
Testing and Refining the Product
In recent efforts to enhance NEXBOARD™, Xeriant has collaborated with a skilled polymer chemist. Initial fire tests conducted at a national certification laboratory were encouraging, prompting the team to refine the board’s composition further. The focus has been on meeting the stringent NFPA 286 certification, which covers fire safety standards. CEO Keith Duffy emphasized that the extensive research and modifications implemented over the last several months will ensure that NEXBOARD not only meets but potentially exceeds existing building material codes.
Preparing for Large-Scale Production
To bring NEXBOARD™ to market efficiently, Xeriant is in negotiations with a reputable contract manufacturer capable of high-volume production. There are numerous companies eager to place orders once manufacturing begins. Moreover, to cater to increasing market demand, Xeriant has plans to establish its own manufacturing facilities. Locations and equipment have already been identified, and meetings with a major investment bank for potential funding are underway.
Xeriant's Vision for the Future
Xeriant, Inc. is not just about creating advanced materials; it’s about changing the trajectory of the construction industry. Currently, the green construction materials market is projected to reach an astonishing $1.2 trillion by 2032. This rapid growth underscores the urgent need for sustainable alternatives as the world grapples with environmental issues.
Environmental Impact of Construction
The construction industry significantly impacts natural resource consumption and waste generation. It utilizes about 60 percent of all natural resources and generates approximately 33 percent of waste globally. Additionally, construction activities are responsible for around 40 percent of CO2 emissions. NEXBOARD™ aims to flip this narrative by providing an eco-friendly substitute that not only reduces waste but also offers enhanced durability and longevity.
The Market Landscape
With growing awareness and regulatory pressure regarding sustainability, Xeriant is strategically positioning itself at the forefront of the green construction movement. The potential market for innovative products like NEXBOARD is vast. Constructing greener buildings is no longer just an option; it is becoming an industry standard as consumers and businesses prioritize sustainability.
Xeriant's Commitment to Innovation
Xeriant continues to seek partnerships and acquisitions that align with its mission to propel advanced materials technology forward. Their advanced materials are marketed under the DUREVER™ brand, emphasizing high performance while committing to environmentally friendly practices.
Frequently Asked Questions
What exactly is NEXBOARD™?
NEXBOARD™ is an eco-friendly composite construction panel primarily made from recycled materials, designed to replace traditional building materials.
How is Xeriant ensuring the safety of NEXBOARD™?
Xeriant is working with experts to refine NEXBOARD™ to meet rigorous fire safety standards, specifically targeting the NFPA 286 certification.
What is Xeriant's production strategy for NEXBOARD™?
The company is partnering with a contract manufacturer and plans to establish its own manufacturing facilities to meet market demand.
How does NEXBOARD™ benefit the environment?
By utilizing recycled materials and offering a sustainable alternative to conventional products, NEXBOARD™ reduces waste and lowers CO2 emissions.
What are Xeriant's future plans?
Xeriant aims to lead in the green construction materials market while continuing to innovate in aerospace technologies and advanced materials.
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