Market Challenges And Opportunities
Geocomposites Market Key Developments:
- In December 2018, Southern Geosynthetics Supplies Pty. Ltd introduced new geomembrane. The new DG200 is a 0.8mm polyvinyl chloride (PVC) geomembrane bonded on either side with 200 gsm nonwoven geotextile. This composite provides geomembrane with high puncture as well as tear resistance, and high surface friction, coupled with the greater flexibility and durability of PVC.
- In March 2019, TENAX SPA, an Italy based advanced materials company, introduced new geocomposite, ‘GRAVEL LOCK’. This new geocomposite has rolls of 1.50×20 m which are synthesized with cuspated high density polyethylene (HDPE) grid along with a polypropylene non-woven fabric which can be used for retaining gravel. GRAVEL LOCK is expected to an effective, durable, and economical solution which can be used as a stable gravel floor for pedestrian and vehicular passage.
- In June 2019, Groupe Solmax Inc, a company based in Canada which is engaged in development of polyethylene geomembrane, announced its plans to expand its operations in U.S. For this expansion, a new geosynthetics manufacturing facility will be established in Nevada, Western U.S. which is expected to be operational by mid of 2020.