- First Graphene (ASX:FGR) enters a joint two-year development and commercialisation agreement with the UK’s largest cement manufacturer, Breedon Group
- The collaboration takes place at the Hope Cement Works, located within the Peak District National Park
- First Graphene retains the right to own the intellectual property for any product destined for the broader market
- FGR last traded at 11.5 cents
First Graphene (ASX:FGR) has entered a joint initial two-year development and commercialisation agreement with the UK’s largest cement manufacturer, Breedon Group.
The collaboration is set to take place at the Hope Cement Works, located within the Peak District National Park.
This agreement marks the commencement of an innovative initiative by First Graphene, aimed at creating a range of graphene-enhanced solutions with the focus on decreasing the clinker factor within Breedon’s cement products, and reducing carbon emissions.
Both companies have agreed to focus on enhancing the mechanical performance of Breedon’s CEM II Cement. The target is for this product which already boasts a lower clinker factor compared to CEM I, and also matches the compressive strength of CEM I.
“First Graphene intends to help Breedon reach its target as well as improve market penetration for graphene-enhanced cement and concrete products, which can drastically reduce carbon emissions produced by the sector,” FGR Managing Director and CEO Michael Bell said.
“In order to achieve our targets by 2050, our industry needs to constantly innovate and adapt. We are looking forward to undergoing further trials to understand how we can optimise the use of graphene in our processes and continue to develop products that have significant environmental benefits,” Breedon Group Managing Director (Cement) Jude Lagan said.
In the event an outcome of the research and development conducted unveils potential commercial prospects, First Graphene retains the right to own the intellectual property for any product destined for the broader market.
FGR last traded at 11.5 cents.
