Xeriant, Inc. (OTCQB: XERI) has provided an update on its efforts to scale production of NexBoard, its eco-friendly Universal Construction Panel, through relationships with multiple contract manufacturers and potential strategic production and distribution partners. The company is working to transition from limited production runs for customer evaluation to consistent, cost-effective manufacturing at substantially higher volumes. According to the update, Xeriant is pursuing partnerships with established domestic and international manufacturers to develop the production capacity needed to address what it describes as demand for hundreds of millions of square feet annually.
CEO Keith Duffy said the company is navigating established production schedules and complex negotiations with prospective multinational partners while seeking to protect its intellectual property. The push toward larger-scale manufacturing is central to Xeriant’s goal of commercializing NexBoard, which is designed as an alternative to conventional construction materials including drywall, plywood and oriented strand board. The panel combines recycled plastic and fiber waste with proprietary Durazite fire-protection technology, positioning it as a potential substitute for several widely used building products.
The announcement matters for the construction and building materials industry because NexBoard targets a substantial addressable market while incorporating recycled content, a factor that could appeal to builders facing growing pressure to reduce waste and improve sustainability. For Xeriant, the transition from evaluation-stage production to cost-effective, high-volume manufacturing is a critical step toward generating revenue from its advanced materials line, which is marketed under the DUREVER brand. However, the company did not disclose any definitive manufacturing agreements, production volumes or a commercialization timeline, leaving key questions about the pace and scale of the rollout unanswered.
Xeriant describes itself as dedicated to the discovery, development and commercialization of transformative technologies, including advanced materials that can be integrated and deployed across multiple industrial sectors. The company seeks to partner with and acquire strategic interests in visionary companies that accelerate this mission. Its advanced materials line includes NexBoard, a patent-pending composite construction panel made from plastic and fiber waste, designed to replace products such as drywall, plywood, OSB, MDF, MgO board and other materials used in construction.
The latest news and updates relating to XERI are available in the company’s newsroom at https://ibn.fm/XERI. The update was distributed through InvestorWire, a specialized communications platform focused on advanced wire-grade press release syndication for private and public companies and the investment community. InvestorWire is one of more than 75 brands within the Dynamic Brand Portfolio at IBN, which delivers access to a vast network of wire solutions, article and editorial syndication to 5,000+ outlets, and a full array of tailored corporate communications solutions. For full terms of use and disclaimers applicable to all content provided by InvestorWire, see https://www.InvestorWire.com/Disclaimer.
