Sparc Technologies (ASX:SPN) kicks off construction of manufacturing facility for graphene products – The Market Herald

• Sparc Technologies (SPN) begins the construction of a modular and scalable manufacturing facility for graphene-based additive products
• The company says commissioning is expected within the first quarter of 2023, with the facility to enable the production of commercial quantities of graphene-based additives
• The facility will be able to accommodate large-scale manufacturing to meet customer demand
• Sparc says its eyes are now on showcasing its technology at the AMPP Coatings Conference in Denver, Colorado, in March 2023
• Sparc Technologies is up 2.52 per cent and trading at 61 cents at 2:57 pm AEDT

Sparc Technologies (SPN) has kicked off the construction of a modular and scalable manufacturing facility for graphene-based additive products in Adelaide.

The company told investors that commissioning was expected within the first quarter of 2023.

This facility will enable the production of commercial quantities of graphene-based additives and will accommodate large-scale manufacturing to meet customer demand.

“We are pleased to advise that all equipment for the graphene-based additives manufacturing facility has been delivered to site and construction is now underway,” Sparc Technologies Managing Director Mike Bartels said.

“This will enable Sparc to supply our global customer base with commercial quantities of ecosparc product for the coatings and composites markets.

“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 said its eyes were now on showcasing its technology at the AMPP Coatings Conference in Denver Colorado in March 2023.

Sparc Technologies was up 2.52 per cent and trading at 61 cents at 2:57 pm AEDT.