From north of the border Sys-Con says Innovative Composites International, Inc. (ICI) has inked a deal to provide RedLeaf Homes, Ltd. with modular housing to distribute to mining camps, First Nations, and in other rural areas. RedLeaf will maintain exclusivity providing they generate $5 million worth of revenue annually. ICI’s EcoScape modular system is constructed of 100 percent recyclable materials, formed into panels composed of a thermoplastic fibre reinforced composite. This ‘skin’ is impervious to water and nearly impenetrable, making it ideal for the harsh climate, according to Terry Ball, ICI’s CEO and president. “ Superior insulation, speed of assembly, rot and mold resistance and enhanced durability are attributes that are very important for this market,” he says. Last November we posted a story about ICI’s agreement to sell $160 million of the EcoScapes to a Brazilian developer.
(Graphic credit: ICI, Inc.)