First Graphene supports the South African concrete and building materials market

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FFirst Graphene Limited announces that it has signed a distribution agreement with South African joint venture Nanoproof Glade Chemicals to expand the sales reach of PureGRAPH® Graphene in multiple markets in South Africa, with a particular focus on the concrete segment.

The distribution agreement is for 4 years and includes a minimum commitment of five tonnes of PureGRAPH® AQUA and powdered products in the first year to maintain exclusivity for the South African mortar market segment and ready-mixed concrete.

The estimated value of sales is AUD 250,000-285,000 in the first year, which is to be reviewed and mutually agreed upon in subsequent years of the agreement. There are no other material terms of the agreement.

First Graphene previously signed a collaboration agreement with joint venture Nanoproof Glade Chemicals for the development of PureGRAPH® enhanced concrete admixtures, which resulted in the successful development of a product line.

The new agreement is another key step in First Graphene’s strategy to help the cement and concrete industries, responsible for up to 8% of global carbon dioxide emissions, reduce their emissions by 25% by 2030.

These emissions targets are driving global demand to develop greener solutions in the cement and concrete segments.

First Graphene has partnered with several Tier One and Tier Two industry partners across multiple facets of the cement/concrete materials market to develop enhanced PureGRAPH® solutions that will help industries achieve greener outcomes.

By adding low doses of PureGRAPH® Enhanced Concrete Admixtures to the concrete mix design, significant increases in strength and durability properties can be achieved. With this increase in performance, the amount of cement used in the concrete mix can be reduced, thereby decreasing the carbon footprint of the concrete produced.

Nanoproof and Glade Chemical Manufacturers, both specializing in the development of high performance solutions for construction and related industries, formed the joint venture to develop the improved admixture.

A range of PureGRAPH® enhanced concrete admixtures developed by joint venture Nanoproof Glade Chemicals are now available for early sampling and testing through joint venture Nanoproof Glade for the South African market and through First Graphene for markets outside of the United States. South Africa.

The global cement and concrete market is expected to be valued at US$774 billion by 2027, according to market research provider 360 Research Reports.

Michael Bell, Managing Director and CEO of First Graphene, said: “The additional agreement with Nanoproof Glade Chemicals JV is another important milestone for First Graphene as we execute our go-to-market plan to become the leading supplier global provider of graphene-enhanced cement and concrete solutions.

Nanoproof Glade Chemicals JV has rapidly developed a range of adjuvant solutions and with significant penetration into several South African market segments will help us expand our market reach in this part of the world.

At the same time, First Graphene now has access to a range of admixture products that can help us pursue additional business opportunities in the high value cement and concrete segments.

Alex Smith, owner of Nanoproof Glade Chemical Manufacturers JV, said, “We are delighted to enter into this new agreement with First Graphene, as a natural extension of our previous development agreement, to now pursue multiple business opportunities with our line of PureGRAPH® enhanced concrete admixtures. .”

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