Skip to main content

Green World Crete enters into Nicaraguan JV

World Cement,

Envirocare Corp. was created to offer green construction solutions. After an opportunity in Nicaragua presented itself, Envirocare sought a method to produce cement that met the green specifications of federal and international agencies.

After detailed meetings and receiving a full presentation from Green World Crete about their cement product known as Geo-Green CreteTM, Envirocare Corp. entered a non-disclosure agreement to negotiate a joint venture initially valued between US$ 5 million and US$ 12 million.

A group of 12 European and four United States-based investors will provide funds for the project pursuant to a 15 year loan at 10.5% interest.

"Envirocare received and reviewed an initial proposal from Green World Crete. Now that the financing is in place, Envirocare will move forward with negotiating the terms of the agreement for a joint venture for a plant," said Andy William, Vice President of Accredited Business Consolidators Corp.

Geo-Green CreteTM, by Green World Crete, is a zero-Portland-based cement. It is formulated using abundantly available post-industrial waste and naturally occurring aluminoscilicate materials. These materials are mixed with Green World Crete's proprietary binding agent at ambient temperature to produce a near-zero carbon dioxide emission manufacturing process and product.

Read the article online at:


Embed article link: (copy the HTML code below):