Betolar Plc entered into commercial agreements for the use of Geoprime solutions simultaneously with three Indian manufacturers of concrete products. The contractors are Sneh Precast, Shiv Tiles and Balaiji Cement Products. The companies' product offering focuses on various concrete products for infrastructure and environmental construction, such as pipes and paving materials.

The three signed commercial agreements aim for a total annual Geoprime-based concrete production volume level of 250,000 tonnes by the end of 2023. The contract partners have the right to use the Geoprime product family of solutions developed by Betolar in the manufacture of concrete products, combined with continuous product development and expert services, and in the future also data support. The contractors also have the right to use the Geoprime trademark in their products manufactured in accordance with the concept.

In addition to the three commercial agreements, Betolar has signed a letter of intent with Godrej & Boyce. The letter of intent is expected to lead to a commercial agreement for paving stones, building blocks, and other infrastructure products after the successful piloting phase is completed. Godrej Construction, part of the Godrej & Boyce Mfg Co ltd, builds sustainable building materials and provides comprehensive civil engineering solutions.

The company is, among other things, involved in the construction of the Mumbai metro network. The turnover of the Godrej & Boyce Mfg Co ltd is INR 115 billion equaling approximately EUR 1.4 billion. The Indian government is pushing hard for the country's construction industry to shift to more environmentally friendly building materials.

Replacing cement with industrial side streams in concrete production is one of the key means.