Betolar Plc
Company Release/Inside Information
9 July 2024 at 2:45 p.m. EEST
Inside information: Betolar has been granted a patent enabling the large-scale use of side streams in road, soil and ground construction
The materials technology company Betolar Plc has been granted a patent in Finland for a technique to use side streams in road, soil and ground construction. The patented method allows the stabilization of road foundations within a sleeve-like structure that accommodates multiple strength levels or consecutive beams. The method can be enhanced structurally with additional components such as fibers and rigid elements to fortify the structure. The sleeve structure aims to block water infiltration from all directions, enhancing protection against environmental factors like frost, thereby extending the road surface’s lifespan.
Finland’s road network spans roughly 454,000 kilometers, where cement has been traditionally used as the stabilizing binder. The commercial potential and business advantages of this new patented process will be realized through the alternate use of various side streams, such as high-volume mining tailings, replacing traditional binders, and offering life-cycle cost benefits in infrastructural constructions. This innovative method conserves virgin resources by using industrial side streams instead of natural aggregate. Further, the patented solution enables integrating cables and sensors within the road structure.
“We have expertise in innovation, and our patented method supports the solution development that aligns with Betolar’s strategy. It is rewarding to see our previous innovations continuing to evolve. Earlier this year we were granted a patent for treating the road base layer and now for the road structure. In addition, our patent for electrical storage can also be utilized within the stabilized road structure. The patented innovation will enable the use of high-volume tailings in road, soil and ground construction.”, says Tuija Kalpala, the President and CEO of the company.
An expanding patent portfolio is anticipated to increase the company's market presence and valuation over time. While the patent isn't predicted to immediately affect Betolar's financial performance, it forms a part of their growth strategy. Patent applications are also underway in countries including Australia, Brazil, China, India, and the USA. Betolar has been granted eight patents and has numerous other innovations undergoing the patenting process to support the needs of the mining and metals industry.
Betolar Plc
More information
Tuija Kalpala, President and CEO, Betolar Plc, tel. +358 50 567 6608, tuija.kalpala@betolar.com
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Aktia Alexander Corporate Finance Oy, +358 50 520 4098
About Betolar Plc
Betolar Plc is a pioneering Finnish materials technology company driving the green transition in mining and construction. Betolar’s mission is to help reduce CO₂ emissions and the use of virgin natural resources.
Betolar develops low-carbon and waste-free solutions for the mining and metals industries, and its Geoprime® solution produces i.a. the world's lowest-emission hollow-core slabs. Betolar’s AI-powered Data Platform turns industrial side streams into value, accelerates solution development and builds global markets for side streams.
Betolar was founded in 2016 and is domiciled in Kannonkoski, Finland. Betolar is listed on the Nasdaq First North Growth Market. For more information, visit www.betolar.com