Sparc (ASX:SPN) ignites South Australian plans
December 2, 2022Sparc Technologies has begun constructing a scalable facility producing specialised coatings and composite additives in South Australia.
The modular manufacturing facility will produce its provisional patent filed for graphene-based additive technology developed for anticorrosive epoxy coatings.
The Company said advanced product trials and discussions with coatings companies are progressing.
“We are pleased to advise that all graphene-based additives manufacturing facility equipment has been delivered to the site and construction is now underway,” Managing Director Mike Bartels said.
“This will enable Sparc to supply our global customer base with commercial quantities of ecosparc products for the coatings and composites markets.
“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.
“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.”
Sparc to showcase technology and present at the world-renowned AMPP Coatings Conference in Denver, Colorado, in March.
Production is expected to start in the first quarter of the new year.
About the Graphene Manufacturing Facility
Construction of a modular and scalable manufacturing facility, which has been fully expensed, for graphene-based additive products is underway in Adelaide, with commissioning expected in Q1 CY23. This facility, employing proprietary know-how, will enable the production of commercial quantities of graphene-based additives for the growing global coatings and composites markets.
About Sparc Technologies
Sparc Technologies Limited (ASX: SPN) is an Australian company pioneering new technologies to disrupt and transform industry while seeking to deliver a more sustainable world. Sparc Technologies has established offices in Europe and North America.
Graphene, a significant focus for Sparc Technologies, is a 2-dimensional material made of carbon atoms arranged in a hexagonal lattice which creates unique and powerful properties that can be imparted on products to improve performance. Sparc Technologies is commercialising graphene in several applications, including Graphene Based Additives for the Marine & Protective Coatings market and applications in the renewable energy and construction materials sectors.
Sparc Technologies, via its majority interest in Sparc Hydrogen, is also focussed on developing photocatalytic green hydrogen technology that does not require solar and wind farms or electrolysers as conventional green hydrogen processes.
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