Sparc Technologies said construction has begun for its new modular and scalable manufacturing facility for graphene-based additive products in Adelaide.
The facility will support the production of commercial quantities of graphene-based additives, catering to the continuously expanding global coatings and composites markets.
In an ASX announcement, Sparc said the new facility demonstrates Sparc’s ability to reach commercial agreements with potential customers and serves as an endorsement of the rigorous technical programs undertaken with numerous global tier 1 and 2 coatings companies.
This step is significant in the company’s efforts to further support advanced technical and commercial collaboration discussions with global coatings customers.
“Our ongoing comprehensive testing program with global tier 1 and 2 coatings companies continues to demonstrate the significant performance improvement of coatings and composites materials employing our products,” said Mike Bartels, managing director for Sparc Technologies.
“By improving coatings performance the frequency of asset maintenance can be significantly reduced which subsequently serves to reduce costs and importantly the environmental footprint associated with such activities,” Bartels said.
The new facility is intended to readily accommodate large-scale manufacturing to meet customer demand.
The intellectual property supporting Sparc Technology is being protected with provisional patent filings, the first of which is in the field of anti-corrosive coatings.
Additional patent filings are slated to occur in early 2023, the company added.
