PARKD (ASX:PKD) signs MoU with BlueScope Steel’s (ASX:BSL) division Fielders

November 27, 2022 09:20 AM AEDT | By Khushboo Joshi

PARKD (ASX:PKD) signs MoU with BlueScope Steel’s (ASX:BSL) division Fielders — Image source: © Rfischia | Megapixl.com

Key details of the deal:

PKD claims that the MoU was signed after finding out that there is a considerable potential for their respective IP technologies to offer the Australian construction market a system of building that could be “flat packed” and installed on projects without the need for specialised labour or subcontractors.
Fielders high performing metal deck slab system will be integrated with PARKD’s Patented CVBTM, to create a superior low carbon solution for construction of Car Park and Commercial Developments.

According to McUtchen, since many governments and private firms are committing to Carbon Net Zero Targets, this merged construction solution can be seen as a low embedded carbon alternative as compared to the existing forms in the market.

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