Eco Depot (OTCMKTS: ECDP) will debut its ‘Bronya Climate Shield’ environmental paint at the National Hardware Show, October 21-23, in Las Vegas. The move comes just days after the Company announced that it will be opening in Q4 2021 the first of several micro-production facilities in North America in Montreal. The two-edged strategy is designed to commercialize the Bronya Climate Shield protective paint coating, designed to reduce 20-40% of energy consumption in businesses and homes.
In this morning’s trading, ECDP reached $1.74 per share, up 9.09%.
The National Hardware Show will be held at the Las Vegas Convention Center’s New West Hall. The Bronya Climate Shield stand will be located at W729. The Bronya Canada Group, a wholly-owned subsidiary of ECDP, will be among 2,800 exhibitors with more than 20,000 attendees expected. Bronya Climate Shield will also be available for viewing at the “Habitat New” at the new innovative products exhibit.
Anticipated attendees will be from home improvement centers, online retailers, independent retailers, wholesalers, builders and international distributors, among others.
As part of its program to commercialize the Bronya Climate Shield, the Company subsidiary has already started construction on its new Montreal based production facility, its first in North America. It has already initiated a process to explore options for several more production facilities in North America, it said.
It plans to open several regional micro-production facilities to meet the transportation, logistical and distribution centers needs of major retailers. It is aiming to begin production In Montreal in Q4 2021 and serve the requirements of Eastern Canada and North Eastern United States. ECDP is also negotiating for additional facilities throughout North America and Europe.
The 4,200 sq. ft. facility in Montreal will have a production capacity of 2,700 gallons per day that will be capable of generating $107,994.60 USD daily, the company said. Location near the retailers’ distribution centers will be designed to mitigate any transportation delays, ECDP said.
“Due to its potential for reducing energy consumption, Bronya Canada Group seeks to make Bronya Climate Shield the most affordable, cost-effective thermal paint coating in the battle against Climate Change through energy conservation,” the Company said. “Bronya Canada Group is considering multiple potential sites in several other states and provinces to accommodate its consumer demand.”
ECDP plans a global marketing effort as it intensifies its focus on this ready-to-use line, designed to make buildings green and reduce carbon emissions. It is now addressing the challenge of how to commercialize it on a global scale basis. The strategy for multiple regional micro-production facilities, beginning with the Montreal unit, is designed to meet the challenge and bring its proud closer to retailers’ distribution facilities, speeding delivery and mitigating transportation delays.
This is a progressive company intent on saving the planet one specialty paint coat at a time. ECDP is in a world of incubating and investing in eco-companies and buying/selling carbon credits for green companies and managing eco-friendly real estate assets.