GRPS news out. Chart oversold IMO, should bounce hard
Gold River Productions Introduces Lightweight, Durable, All-Composite Sea Freight Containers
Gold River Productions (PINKSHEETS: GRPS), a developer and designer of patented and patent-pending renewable energy technologies and all-composite products, announced today details of its latest innovation for the marine industry, the all composite sea freight container. The Company's sea freight containers can reduce the weight of today's standard products by up to 60%, are extremely durable, will not rust or corrode, and cost less to produce due to its lightweight, thermoplastic material.
Gold River's proprietary technologies and fiber-reinforced thermoplastic sheets are thermo-fused to a honeycomb or insulated foam core to create a superior lightweight, highly impact resistant and very durable sandwich panel. By using its custom-designed, high-speed panel manufacturing processes, the Company is able to manufacture sea freight containers using all-composite materials that are up to 60% lighter than those in use today. No volatile organic compounds are emitted during the process, and containers are recyclable at the end of their useful lives. Since the panels are thermoplastic rather than steel, they also have the ability to enhance border security imaging, screening and detection processes.
John Ohlin, president and CEO of Gold River Productions, Inc., stated, "Five years ago, our company began the research and development of a breakthrough concept in designing large structures, specifically, sea freight containers and pre-fabricated housing, using our newly developed materials. Now we are excited to move forward with our latest sea freight technology and containers that can help solve current economic and environmental challenges affecting the global marine industry."
News 
Market Data 
Discover 
