Canada: Ashburton Ventures has announced that it is to enter the vacuum insulation panel (VIP) market and, in partnership with ZMM Canada Minerals, will target the construction market, following research and development. The partners will use ZMM’s Z-1 Clinoptilolite Zeolite Quarry, as a source of Z-1 zeolite, a highly-porous naturally-occuring mineral, as the core of VIPs.
VIPs have so far found limited use in the construction sector due to their high cost and tendency to lose performance with time. The cost of using zeolites is expected to be much lower than conventional silica or glass fibre based boards, potentially opening up vast new areas of application for VIP technology.
“This is an exciting time for Ashburton. To have its unique Z-1 zeolite used in the creation of a leading edge clean energy, clean technology initiative in collaboration with the University of Victoria, the Province of B.C. and the Federal Government is truly a big step for our shareholders,” said Ashburton’s President David Gdanski.