The UAE's Dana Gas has signed a deal with UK-based Levidian for a graphene production site in Sharjah Graphene Park, an advanced materials manufacturing and commercialization initiative aimed at scaling graphene production in the UAE.
The project will begin with an investment of $2 million to $5 million in the initial phase. That could rise to $50 million for early expansion, with the potential to further exceed that amount in the next stages, the companies said.
This agreement expands the partnership that first announced in January 2025, under which Dana Gas began deploying Levidian’s LOOP technology across its operations.
The initiative will focus on industrial-scale graphene production, market development and the future localization of LOOP systems within the UAE.
Levidian’s patented LOOP technology uses microwave plasma to crack methane into hydrogen and solid carbon in the form of graphene, creating value from existing gas streams while supporting emissions reduction efforts.
The Sharjah Graphene Park will be developed in phases, beginning with the deployment of initial LOOP systems in Sharjah to establish local production capacity estimated at around 15 tonnes of graphene per year.
Subject to market demand, the project is expected to scale into a multi-unit production cluster, with future plans including local assembly, integration and manufacturing of LOOP systems.
Richard Hall, CEO of Dana Gas, said the project reflects the company’s focus on extracting greater long-term value from natural gas resources.
“The Sharjah Graphene Park represents a scalable industrial opportunity, supporting both advanced materials production and the development of local manufacturing capability in the UAE,” Hall said.
Alex Holden, CEO of Levidian, said the agreement establishes a pathway to scale the company’s technology while building industrial capability in the region.
The project is also supported by stakeholders including the UAE Ministry of Industry and Advanced Technology (MoIAT), Mubadala Investment Company, Invest in Sharjah and UK government representatives.
The agreement aligns with broader national industrial objectives under Make it in the Emirates, supporting advanced manufacturing, industrial diversification and local technology development.
