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HydroGraph and Gulf Cryo begin plans to bring graphene to the MEA region

by CM Staff   

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Under the terms of the MOU, HydroGraph and Gulf Cryo will work together to assess the local market, as well as to identify placement and operation of a commercial-scale graphene production unit.

VANCOUVER — HydroGraph Clean Power Inc., a commercial manufacturer of pristine graphene, announced that it has entered into a memo of understanding (MOU) signed May 13, 2024, with Gulf Cryo LLC, a provider of industrial, medical and specialty end-to-end gas solutions in the Middle East and Africa (MEA) region, to collaborate in the production, distribution and selling of HydroGraph’s pristine graphene to the Middle East region.

Under the terms of the MOU, HydroGraph and Gulf Cryo will work together to assess the local market, as well as to identify placement and operation of a commercial-scale graphene production unit (Hyperion System™). HydroGraph will contribute technical, operational and application expertise while Gulf Cryo will bring the essential business development and operating resources.

The partnership will cover key markets in the region, among them the United Arab Emirates (U.A.E.), Bahrain, Kuwait, Oman, Qatar, Jordan and Egypt, and it will focus on the areas of lubricants, resins, bottling and concrete, with the planning and market assessment phases expected to last three to five months.

“We made an initial investment in HydroGraph in November 2023 and now are looking forward to extending the relationship to leverage the enormous investment focus in the region on innovative and sustainable technologies such as graphene,” said Amer Huneidi, executive chairman and CEO of Gulf Cryo. “Given that HydroGraph’s graphene uses oxygen and acetylene as raw materials, and there is a broad range of potential graphene applications in this region, this is a unique opportunity to extend our product line into new areas, creating value for our customers and shareholders, while we play our role in supporting the sustainability goals.”

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“We are excited to begin this partnership with Gulf Cryo as we see several mutually beneficial opportunities,” said HydroGraph President and Interim CEO Kjirstin Breure. “In addition to being a leading provider of acetylene to the Middle East and offering the required feedstock to HydroGraph’s high-purity graphene production process, Gulf Cryo has strong operational capabilities and shares many of the same target customers as us. Importantly, they have an established operating footprint within the region with steadfast relationships.”

The initial planning and market assessment phases will focus on:

Composites, plastics and resins (including bottling): HydroGraph’s graphene has been shown to increase the yield strength by over 18% and increase breakage strength by over 100%. These are all features for the region’s petrochemical industry and growing use of composites, plastics and resins.

Lubricants: HydroGraph’s engineered graphene mixed in with lubricants, both grease and oils, has shown to decrease the coefficient of friction by 70% (lowers resistance between moving parts), reduce wear by 80% and extend the life of the lubricant by over 24 times.

Cement and concrete: Third-party tests confirm that HydroGraph’s graphene improves compressive strength by over 24%. This is a major benefit for the region, which is experiencing significant infrastructure growth. HydroGraph’s graphene also will reduce the amount of aggregate material and water required in concrete and shorten the curing period for both cement and concrete.

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