Verde Secures $2M Investment from Ergon
Slice of Energy Team
11/06/2025
Key highlights
- $2 million investment from Ergon
- Exclusive licensing for BioAsphalt™ technology
- 100% recycled asphalt for sustainable paving
- Joint projects to showcase BioAsphalt™ performance
- Commitment to decarbonization in road construction
Source: PR Newswire
Notable Quotes
“ We're thrilled to welcome Ergon as a strategic shareholder of Verde. ”
Jack Wong, CEO at Verde Resources
“ Our investment reflects genuine enthusiasm to advance Verde's proprietary technology. ”
Patrick Nation, President at Ergon Asphalt & Emulsions
Why this matters
This investment marks a significant step in advancing sustainable road construction, leveraging innovative technologies to reduce greenhouse gas emissions and improve infrastructure efficiency. This development is particularly significant for the energy sector.
