![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Friday, October 16, 2015 11:03:38 PM
New Soil Stabilization Product Crossing Into The U.S.
Nano Labs Corporation in Detroit yesterday announced it has entered into joint venture agreement with Polec Industrias to design, manufacture, and sell Polec´s product “Technosoil” for a term of twenty years.
Polec is a technology based company presently located in Mexico that has developed a liquid cement that can be used to stabilize soils. It’s described as a polymeric water base product able to provide new mechanical high value added properties. Reportedly practically any soil, such as sand, earth, or clay can be treated with this product.
In 2012 Polec was awarded the National Prize for Innovation and Entrepreneurship in high technology by Mexico’s Ministry of Economy.
The agreement outlines the establishment of a new corporate entity in the U.S. for the operational and funding requirements of the Polec Technology. The new company will be responsible to research and development using Nano Technology, adapt and address market opportunities in the United States and Canada, and provide commercialization for the retail market.
The Polec technology was used to build a retail outlet for a major in Mexico in 2007, replacing conventional used aggregates (crushed stone) with Polec Tecnosoil mixed with local sand. It surpassed the required soil load bearing capacity of the subbase for the construction of the structural foundation, roads, parking lot, and sewage. Major savings were reportedly achieved.
August 22, 2014
Southern Silver Files NI43-101 Technical Report for its Updated Preliminary Economic Assessment for the Cerro Las Minitas Project • SSV • Jul 25, 2024 8:00 AM
Greenlite Ventures Completes Agreement with No Limit Technology • GRNL • Jul 19, 2024 10:00 AM
VAYK Expects Revenue from First Airbnb Property Starting from August • VAYK • Jul 18, 2024 9:00 AM
North Bay Resources Acquires Mt. Vernon Gold Mine, Sierra County, California, with Assays up to 4.8 oz. Au per Ton • NBRI • Jul 18, 2024 9:00 AM
Nightfood Holdings Signs Letter of Intent for All-Stock Acquisition of CarryOutSupplies.com • NGTF • Jul 17, 2024 1:00 PM
Kona Gold Beverages Reaches Out to Largest Debt Holder for Debt Purchase Negotiation • KGKG • Jul 17, 2024 9:00 AM