Norway-based Graphene Oxide developer Abalonyx reports that its graphene oxide sales have increased by about 80 % in 2018, and this follows a 70% increase in 2017 compared to 2016. The company expects to see further strong sales growth in 2019.
Abalonyx says that over 90% of its sales derive from returning industrial partners. The company also revealed two of these customers: ORA Graphene Audio with its GO membranes and Provexa AB which developed an anti-corrosion protection coating that is now being used on Scania trucks.
Abalonyx' current production cost is around â¬800 per Kg (dry weight basis). Abalonyx estimates that as production volume goes up, the price of production could reach around 22 Euro / Kg - which will make GO applicable for areas such as concrete and asphalt.