Couldn’t it just be as Simple as CRH didn’t believe there was enough demand for HX? It’s the simplest and most logical scenario. They believed in the product, the Demo houses passed all the checks and eveyone had a good experience with the machines. However, when the dust settled there just wasn’t enough customers just yet or in the near future willing to use this product. Essentially no offtake agreement.
CRH probably have dozens and dozens of investment opportunities and they just didn’t see FBR as great one.
Prorblem is FBR management haven’t communicated anything so while crazy conspiracy theories will start to emerge lol
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