Prefabricated Schema System Replaces Steel with Basalt Fiber Reinforced Polymer Rebar Basanite Industries | 2021-09-15 | Press Releases
POMPANO BEACH, FL / ACCESSWIRE / September 15, 2021 / Basanite Industries, (OTCQB: BASA) announces that following successful testing and field trials, Schema Precast Systems (SPS) has selected BasaFlex ™ Basalt Fiber Reinforced Polymer (BFRP) rebar to replace the traditional steel reinforcement used in SPS ‘patented restraint system. Wall system panels.
Schema Precast System is a world leading manufacturer of retaining wall systems marketed worldwide in USA, Canada, Mexico, Central America & Caribbean, South America, UK, Italy , Australia, Fiji and Indonesia. SPS Precast is a versatile precast panel that can be used for a wide range of applications such as wave breakers, bridge foundations, preloading sands, cliff retaining walls, road infrastructure, refurbishment. state of land, water dams and river structuring. To learn more about SPS, visit www.sps-patent.com
“We are very happy to have taken this step with SPS after almost a year of testing and testing,” said Basanite COO David Anderson. “Our superior quality, renewable, non-corrosive BasaFlexMTwill be of considerable added value for SPS customers. We thank the SPS team for taking the time and resources to thoroughly evaluate our products and ultimately choose to implement them into their system. “
More information about the Company can be found at www.BasaniteIndustries.com
About BasaFlex ™: BasaFlex ™ is an improved Basalt Fiber Reinforced Polymer (BFRP) rebar, designed to add intrinsic value to a concrete structure by eliminating the corrosion issues associated with steel reinforcement, saving time and money throughout the life cycle of the structure. In addition to being corrosion resistant, BasaFlex ™ is much more tensile strength, acid and alkali resistant, non-conductive, and a fraction of the weight of steel for the same strength. It is so light that a single truck can transport about four times as much material as steel, which significantly reduces transportation costs.
About the company: Basanite Industries, LLC, a wholly owned subsidiary of Basanite, Inc. (OTCQB: BASA), a publicly traded company with primary interests in the manufacture of composite products for concrete reinforcement, made from fiber reinforced polymers of basalt. Basanite is positioned as the industry leader in technical composite products for the concrete industry.
Forward-looking statements: This press release contains the company’s forward-looking statements which are based on management’s current expectations and assumptions as at June 30, 2021, regarding the business and performance of the company, its outlook, current factors, the economy and others. future conditions and forecasts of future events. , the circumstances and the results.
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THE SOURCE: Basanite Industries, LLC
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