Acquisition May Lead to Rebar’s Demise
Paymeon Inc. agreed to acquire Rockstar Acquisitions LLC. So, why is this worthy of magEzine news? Because Rockstar produces basalt fiber-reinforced polymer products, which are used as replacements for steel products that reinforce concrete, such as rebar. The company’s products are three times stronger and 80% lighter than steel, and they never rust, create virtually no carbon footprint and have life spans of more than a century.
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