As WA’s construction sector experiences a mining-induced boom cycle, giants such as BHP and Rio Tinto are bleeding the construction industry dry of supply in pursuit of port expansions, infrastructure and residential projects.
Green360 says its 1m blocks are in high demand for these applications, including main roads, flood and erosion control infrastructure, mining camps and camp expansions.
By producing the blocks in-house, the joint venture says it can tailor products to meet specific project needs – whether to meet strength, durability or environmental criteria – while maintaining cost efficiency and rapid scalability.
Green360 Technologies executive chairman Aaron Banks said: “We’re excited to take this step with PERMAcast toward bringing low carbon retaining wall blocks to Western Australia – a region undergoing rapid growth in urban development, infrastructure and resource-driven construction. The 1000 x 350 x 350 format is widely used across the state for retaining walls, earthworks, road corridors, mining camps and port upgrades – making it a high-volume, high-impact opportunity to demonstrate our low carbon credentials.”
The Australian concrete market is projected to reach $2.6 billion by 2033, fuelled by urbanisation and a push for sustainable construction practices, according to industry analysis from IMARC Group. However, a clear supply deficit for large-format retaining wall blocks, particularly those aligned with carbon reduction goals, has created a prime opportunity for Green360 and PERMAcast to capture market share.
The non-binding MoU exploits an immediate market gap on a global push to decarbonise the cement industry, which accounts for up to 8 per cent of global carbon dioxide emissions. By leveraging PERMAcast’s established infrastructure and Green360’s innovative cement technology, the joint venture can capture market share as an early mover in the specialised industry segment.
While the MoU is non-binding and subject to final agreements, the partnership builds on a clear market need and a reputable partner in PERMAcast. Green360 is cementing its position as a leader in sustainable construction materials, ready to disrupt a rapidly growth low-carbon cement market with its flexible and sustainable solutions.
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