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HIGHTEC ANNOUNCES PLANS FOR BASALT FIBER COMPOSITE REBAR.
Advanced Materials & Composites News
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February 4, 2002
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COPYRIGHT 2002 Composites Worldwide, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.
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Hightec, Inc. (Pink Sheets:HTEH) of Las Vegas, Nevada, has selected a site approximately 10 miles south of Las Vegas for construction of the first basalt fiber rebar manufacturing plant in the world.
The plant will cost approximately $5 million and will take approximately one year to construct. The company plans to market basalt fiber rebar as a replacement for stainless steel rebar and polycoated steel rebar. It is approximately three times stronger than steel, one third the weight, and is non-corrosive and highly resistant to chemical attack.
The ...
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