Ergon and Verde to Showcase Partnership at National Asphalt Pavement Association Annual Meeting

Core Insights - Ergon Asphalt & Emulsions and Verde Resources are collaborating to advance carbon sequestering road materials in North America, showcasing their partnership at the NAPA Annual Meeting [1][2][3] Company Overview - Ergon is the largest asphalt marketer in North America and holds the exclusive North American license from Verde to manufacture and distribute products using Verde's technologies, including BioAsphalt™ [3] - Verde Resources specializes in environmentally sustainable infrastructure products and technologies, focusing on innovative solutions to facilitate a transition to low-carbon materials [9][10] Technology and Innovation - The BioAsphalt™ technology developed by Verde allows for near-zero heat asphalt production and construction, resulting in lower energy use, reduced emissions, and improved working conditions [5][7] - A proof-of-concept project at the NCAT Test Track integrated 5 tons of biochar into 110 tons of cold-mix asphalt, resulting in 8 tons of Carbon Removal Credits, demonstrating the technology's capability for permanent carbon sequestration [5][6] Market Impact - The partnership aims to transform existing roads into permanent carbon sinks, contributing to the construction sector's efforts to achieve net-zero emissions [7][8] - The technology not only addresses environmental concerns but also presents economic advantages, such as year-round production without heat or solvents and lower costs [7] Future Plans - Leadership from both companies will share technical data and discuss the roadmap for full-scale commercialization of BioAsphalt™ during the NAPA Annual Meeting [7][8]