Vitallabs/Chirico Group Launches SAB Asphalt Binder
Product Expected to Resolve Major Road Problems in the USA and China
OLD SAYBROOK, Conn., Oct. 12 -- Vitallabs, Inc. /Chirico Group announces its launch of its newest product, "SAB Asphalt Binder". The product is an asphalt binder derived from Oil Shale that makes roads last longer and more durable. This new product will resolve a number of problems that roads face and the Departments of Transportation want solved.
The estimated market size is in the billions of dollars and growing over twelve percent every year. The Company has recognized that there has been a demand for this product for several years now, and with the increased demand for Asphalt Binder Production, the need is now turning into a demand. The Chirico Group Inc. can meet this new demand and is looking forward to working with new customers.
"Distributors of Asphalt Binders are always looking for new products that meet the strident road specification demands that SAB will help meet," says Anthony Chirico, President of The Chirico Group. The Company is in talks with two major distributors in the USA and China.
The product will resolve the five major problems roads face such as Rutting, Water Stripping, Thermal & Freeze/Thaw Cracking, Fatigue Cracking, and Aging. The product will also provide a longer life to the roads and save taxpayers money. The asphalt business in the USA and China is a multi billion- dollar business. These contracts will put the company in a strong position both in the USA and China taking 100% of its production and generating millions of dollars in sales revenues.
The market focus initially will be China, which will become the second largest automotive economy in the world and will equal the amount of spending on roads and highways as the USA within five years. The country is rapidly developing and building its infrastructure.
For more information about The Chirico Group and its operations please go to: http://www.chiricogroup.com/.