First Graphene (ASX:FGR) - Managing Director & CEO, Michael Bell
Managing Director & CEO, Michael Bell
Source: First Graphene/Twitter
Market Herald logo

Subscribe

Be the first with the news that moves the market
  • First Graphene (FGR) has entered a collaboration agreement with Fosroc International to develop PureGRAPH, graphene-enhanced cement additives or grinding aids
  • The agreement is part of First Graphene’s strategy to help the industry responsible for up to 8 per cent of global Co2 emissions, to achieve a 25 per cent emissions reduction
  • Under current production methods, for every tonne of clinker produced, between 0.8 and 0.9 tonnes of CO2 is emitted
  • The companies have entered a five-year agreement to facilitate the exchange of knowledge through research and development work
  • First Graphene shares were trading grey at 22 cents a share

First Graphene (FGR) has entered a collaboration agreement with Fosroc International to develop PureGRAPH, graphene-enhanced cement additives or grinding aids.

The agreement is a key step in First Graphene’s strategy to help the cement and concrete
industries, which are responsible for up to eight per cent of global carbon dioxide emissions, to achieve a 25 per cent emissions reduction by 2030.

The global cement segment is exploring methods to produce types of cement with a lower clinker factor to produce greener types of cement.

Under current production methods, for every tonne of clinker produced, between 0.8 and 0.9 tonnes of CO2 is emitted.

Low doses of PureGRAPH-enhanced cement additives used to the final grinding phase of cement production allow for up to 20 per cent reduced clinker factor cement output while preserving or increasing cement performance.

The companies have entered a five-year collaboration agreement to facilitate the exchange of knowledge through research and development work.

Each party will contribute scientific and industry knowledge at their own expense, with First Graphene providing access to its PureGRAPH product range, formulation and dispersion process technologies, and laboratory trials, and Fosroc handling additive raw material supplies and formulations, mixing and dispersion, and laboratory trials.

There are no other material terms of the agreement or an assessment of economic impact at this stage.

“The agreement with Fosroc is a significant further step for First Graphene as we implement our go-to-market plan to become the world’s leading supplier of graphene-enhanced cement and concrete solutions,” Managing Director Michael Bell said.

“Fosroc has significant penetration into multiple global markets that will be highly beneficial in helping expand our reach and educating the market on the significant benefits, including emission reductions, that graphene-enhanced products provide.”

First Graphene shares were trading grey at 22 cents a share at 3:27 pm AEDT.

FGR by the numbers
More From The Market Herald
Pure Hydrogen (ASX:PH2) - Managing Director, Scott Brown

" Pure Hydrogen (ASX:PH2) and Advik to establish hydrogen ecosystem in India

Pure Hydrogen (ASX:PH2) will form a joint venture with Indian-based automotive components manufacturer Advik Hi-Tech.
Adveritas (ASX:AV1) - CEO, Matthew Ratty

" Adveritas (ASX:AV1) achieves first TrafficGuard sale through Google Cloud Marketplace

Software company Adveritas (ASX:AV1) has made the first sale of TrafficGuard through the Google Cloud Marketplace.

" Etherstack (ASX:ESK) launches Narrowband Waveform product for NATO members

Etherstack (ASX:ESK) launches its NATO Narrowband Waveform standard waveform software for use by NATO member nations…

" Woodside Petroleum (ASX:WPL) makes official name change

Woodside Petroleum (ASX:WPL) has changed its name to Woodside Energy Group, effective from Wednesday, May 25.