ExxonMobil has partnered with Neuvokas Corp to license its proprietary manufacturing process for GatorBar, a glass fiber-reinforced polymer (GFRP) composite rebar. The agreement grants ExxonMobil exclusive rights to sublicense the process outside of North America. This partnership aims to expand the global market for composite rebar in the concrete reinforcement sector. The collaboration combines ExxonMobil’s Proxxima system with Neuvokas’ innovative process, enabling production speeds up to 20 times faster than traditional methods, making the GatorBar more cost-competitive with traditional steel rebar. The GatorBar features a corrosion-free, lightweight, and long-lasting design, as well as a grip technology that eliminates slivers, providing reduced transportation costs, simplified handling, and faster installation for various projects. The partnership highlights the companies’ commitment to driving technology innovation and providing cost-effective solutions for the construction industry.
ExxonMobil forges strategic agreement to bring innovative GFRP rebar processing technology to the market.
