NanoXplore is a Montreal-based advanced materials company that produces graphene materials, graphene-enhanced polymers, master batches in pellet form, few layer graphene powders, and custom graphene solutions.
NanoXplore states a 25 tonnes/year current graphene production capacity, low cost graphene manufacturing, 5 patents on graphene production and applications, and two production facilities (45,000 sq. ft) near Montreal, QC.
Group NanoXplore is a public company that trades in the Canadian stock exchange (CVE:GRA).
The latest Nanoxplore graphene news:
NanoXplore has announced the completion of the previously announced “bought deal” private placement for total proceeds of $30,988,240 CAD (around $23.3 million USD). The Offering was conducted by a syndicate of underwriters led by National Bank Financial Inc. and including GMP Securities L.P., Paradigm Capital Inc., Echelon Wealth Partners Inc. and Beacon Securities Limited.
BDC, a bank devoted exclusively to entrepreneurs, had an involvement in this fund-raise as part of its $700-million CAD, five-year commitment to help high-potential Canadian cleantech firms with market-ready technology or products meet the capital-intensive needs of scaling and achieving timely growth. “We believe that NanoXplore’s proprietary graphene production technology coupled with its vertically integrated business model is a unique and compelling value proposition to enable commercial graphene adoption,” said Susan Rohac, Vice President, Cleantech Practice at BDC. “NanoXplore’s proposed 10,000-tonnes-per-year graphene plant will give the company a sizable first-mover advantage by producing large quantities at prices well below current levels. The company maintains strong R&D partnerships with leading Canadian research institutions and the management team’s steady commercial focus will ensure that the innovations produced continue to meet market needs.”
2018 was a busy year for the graphene industry, and here are our top companies for 2018 - ranked by the number of posts written about them on graphene-info.
While these figures are not of any official status, they do go a certain distance in assessing the market and its major players in 2018.
NanoXplore has announced its plans for a private placement for gross proceeds of approximately CAD$30 million (around USD $22.3 million).
NanoXplore has also announced that it has entered into an updated Memorandum of Understanding (“MOU”) with Martinrea International, which is expected to further develop the commercial relationships between the companies. The MOU provides for increased collaborations between NanoXplore and Martinrea, including commitments by NanoXplore to provide graphene to Martinrea and to assist in the development of graphene-related products and technologies. Martinrea will also assist NanoXplore in the future development of its operations. Furthermore, Martinrea will subscribe for approximately $15 million as part of the Equity Offering. After giving effect to the Equity Offering, Martinrea is expected to own approximately 16% of the issued and outstanding common shares of NanoXplore.
A new consortium (called the Graphene REACH registration consortium) was launched in 2017 to handle REACH graphene registration in the EU. The consortium members, The Sixth Element Material Technology, NanoXplore and Applied Graphene Materials announced that the joint registration dossiers for graphene and graphene oxide have been submitted to the ECHA.
The consortium is also preparing a JRD for reduced graphene oxide, and hopes to submit it before the end of 2018. The consortium issues a callout for companies (whether graphene producers or importers) to join the consortium or buy a letter of access to the new registrations.
NanoXplore announces positive feasibility study for its 10,000 metric ton/year graphene production plant
Canada-based NanoXplore recently announced a positive feasibility study for its graphene production plant. The company said that the independent feasibility study highlighted several improvement as compared to the project’s preliminary economic assessment (PEA).
NanoXplore is planning to build a 10,000 metric ton/year graphene production plan, which is currently the largest in the world. NanoXplore plans to offer graphene for $10/kg (USD$8/kg) starting from Jan 2020 under the GrapheneBlack brand.