It's new stuff from that Granddaddy of laminate surfaces, Formica Corporation.
Except it's called Formica 180fx, and it's a laminate pattern that recreates the visual chaos of real granite. 180fx™ reproduces the look of natural granite without the repetition of pattern found in most laminates.
An innovative twist on good ol' fashioned laminate countertops.
However, it's still laminate, and prejudices linger among homebuyers when it comes to this material. Thus, lower resale value.