Get ready for Eco Depot’s (OTCMKTS: ECDP) campaign to commercialize its liquid thermal insulation paint. It includes everything from a new production/distribution plant in Montreal — capable of moving $40 million in product per year — a first time appearance at the National (International) Hardware Show and prime positioning at World Stage conferences. It closed yesterday at $1.08 per share in light volume of 58,631. If this comprehensive campaign gains traction will it bounce higher. Last Thursday it reached $1.18.
ECDP is part of the 34% growth of assets under management (AUM) of the ESG (Environment, Sustainability and Governance) to $8.2 trillion at the end of 2020.
Now its commercialization plan goes into full force for its renewable energy paint line ‘Bronya Climate Shield’ line of renewable energy paints. Intent on helping clients achieve a 20-40% efficient energy savings, ECDP is being aggressive in producing, raising the profile of and selling globally its ‘Bronya Climate Shield’ environmentally-friendly paint. The market clearly likes what it sees. The line cuts carbon emissions for its clients up to 40%.
The U.S. Congress is in the final stages of passing the multi-trillion dollar Infrastructure bill into law — a $1.2 trillion and $3.5 trillion combination to ensure the success of EV vehicles, solar tax credits and fiscal grants to wind mills.
Challenges include: a shipping container shortage, broken supply lines caused by a shortage of drivers and week by week changes in where sales are made — online or brick-and-mortar. ECDP is ready for anything, and building the first plant/distribution center is a forerunner of more such units in North America and Europe. They are determined to be close to retail clients. ECDP is a company with intense efforts to meet the challenges and place its environmentally-friendly paint line. It is intent on achieving lower carbon emissions for its clients.
ECDP ’s first micro-production facility in Montreal, to open in Q4 2021,will be capable of producing $40 million annually. The company and its Canadian wholly-owned subsidiary are now seeking more locations in North America and Europe for more production plants.
The Bronya Climate Shield line profile will be raised internationally through the Bronya Canada Group — a wholly-owned subsidiary of ECDP — by exhibiting it for the first time at the National Hardware Show in Las Vegas from October 21-23, 2021. Some 20,000 buyers are expected from chains such as Home Depot, Lowe’s, independent hardware stores, home improvement outlets — even contractors, builders, wholesalers, online distributors and anyone involved in this industry will attend.
Green energy is a big money market now, not just a politically-correct idea. Allied Market Research estimates that the renewable energy market globally will reach $1,512.3 billion by 2025, growing at a CAGR of 6.1% from 2018-2025.
Read more at https://www.ecdp.co/