BRISBANE, Australia, Sept. 30, 2015 /PRNewswire/ — Australian infrastructure technology company Global Road Technology (GRT) is expanding its presence in Asia, commissioning a new factory to handle increased contracts on the sub-continent.
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GRT has forecast more than $AU300 million in projects over the next three years, delivering its patented liquid polymers and Cold In-Place Recycling technology to create "instant roads" in some of the India's most populated regions.
GRT Managing Director Troy Adams said the company had developed a 20,000m2 factory in Pune, east of Mumbai, with an additional 1900m2 of office space and state-of-the-art laboratories as it builds its local team to more than 30 employees in the next month.
"We have made a significant investment in our local partnership to build rural roads, major district roads, expressways and highways in the region, including $AU7.6 million in heavy machinery and plant," Mr. Adams said.
"Our new, flagship factory and headquarters is a logical step as it allows us to expand our laboratory facilities, manufacture our industry-leading stabilisation polymers on site, and provide a base for expansion into India and other regions."
GRT's technology allows governments, military, infrastructure and mining companies to deliver safer, more cost-effective roads much faster than conventional building methods.
The facility will allow batching of up to 250,000 litres of polymers a week, to be shipped across the country.
"Our technology allows us to construct a kilometre of expressway within 24 hours, cutting 75 per cent off standard construction times and significant savings in costs. We have the current resources in place to deliver more than 200km of road a year in India and we are scaling up those capabilities to triple output over the next three years," Managing Director Mr. Troy Adams said.
"Our new facility provides us with a nodal hub to meet demand pan India and beyond.
"We have more than $75 million in projects in-hand in from the public sector and based on the feedback on our work delivered to date, including a $3 million dollar project near Keshkal, Chattisgarh, we believe our target of $300 million over the next three years is well within reach."
Global Road Technology is an international road construction and maintenance company with headquarters in Yatala, Queensland, Australia. Using revolutionary soil stabilisation and dust control polymer solutions, specifically formulated by GRT engineers, GRT helps solve dust control and soil stabilisation issues to deliver total turn-key solutions for the mining, commercial, industrial, farming and military sectors as well as in developing communities worldwide.
Media Contact: Nathan Scholz, Cole Lawson Communications, +61-7-3221-2220