What's Happening?
Xeriant, Inc. has announced the successful completion of a production run for its eco-friendly composite construction panel, NEXBOARD. This production marks the beginning of the certification process, with samples provided to potential clients in the construction industry. A representative from the certification agency was present to document the manufacturing process. NEXBOARD is designed to meet green building certifications and is made from recycled plastic and fiber waste, offering durability and resistance to various environmental factors. The green construction materials market is projected to reach $1.8 trillion by 2030, driven by the demand for sustainable materials.
Why It's Important?
The certification of NEXBOARD is significant as it positions Xeriant to capitalize on the growing demand for sustainable construction materials. The construction industry is a major consumer of resources and contributor to CO2 emissions, and products like NEXBOARD can help reduce this impact. By aligning with circular economy objectives, Xeriant is addressing both environmental concerns and market demands, potentially leading to increased adoption of their products in the construction sector.