EnerDynamic Hybrid Technologies Corp.: EnerDynamic/Cat5 Building Systems and Hempgrid have Joined Forces to Launch a New Green Building - Joint Venture January 20, 2021 / Two companies (EnerDynamic Hybrid Technologies Corp. (TSXV:EHT.V), 50% owner of Cat5 Building Systems (
C5BS ) & CAT5 Solar and Microgrids LLC (
C5SM ), and Hempgrid, LLC that share a commitment to resilient, safe, sustainable, green construction and healthy communities have joined forces and formed a new joint venture by combining their experienced teams to develop a new, vertically integrated manufacturing and distribution company focused on the global green building industry.
C5BS is an innovative construction solutions company that holds a patent on a rapidly deployable concrete block, which is mortar-free, dry stacked, and capable of reducing construction time by 50
EnerDynamic/Cat5 Building Systems and Hempgrid have Joined Forces to Launch a New Green Building
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EnerDynamic Provides Update on their JVs Cat5 Companies Endeavors in Puerto Rico
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Amid the COVID-19 crisis, the global market for Structural Insulated Panels estimated at US$385.1 Million in the year 2020, is projected to reach a revised size of US$550.5 Million by 2027, growing at a CAGR of 5.2% over the analysis period 2020-2027. Glass Wool, one of the segments analyzed in the report, is projected to grow at a 5.6% CAGR to reach US$152.8 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Stone Wool segment is readjusted to a revised 5.3% CAGR for the next 7-year period. This segment currently accounts for a 15% share of the global Structural Insulated Panels market.
Global Building Panels Market to Reach $276.7 Billion by 2027
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Amid the COVID-19 crisis, the global market for Building Panels estimated at US$196 Billion in the year 2020, is projected to reach a revised size of US$276.7 Billion by 2027, growing at a CAGR of 5% over the analysis period 2020-2027. Concrete Panels, one of the segments analyzed in the report, is projected to record a 4.9% CAGR and reach US$99.7 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Vacuum Insulated Panels (VIP) segment is readjusted to a revised 5.1% CAGR for the next 7-year period.