Mason Graphite Inc (TSX-V:LLG, OTCQX:MGPHF). says graphene resulting from the patented process owned by Black Swan Graphene Inc. and produced by Black Swan strategic shareholder Thomas Swan & Co. was recently used in the concrete mix poured during construction of a large residential development in the UK.
Mason Graphite said Nationwide Engineering Group, a construction-focused service provider, used the graphene-enhanced concrete developed by Concretene, a wholly-owned subsidiary, in a £17.5 million (C$30.5 million) residential development in Salisbury, 150 kilometers (km) west of London.
Concrete is one of the most used substances on earth and is directly responsible for more than 8% of global greenhouse gases emissions. This graphene-enhanced concrete reduces C02 emissions by 30% and lowers overall costs by 20%. It also generally eliminates the use of rebar reinforcement and, mainly because of its resistance to water penetration, results in a longer-lasting concrete.
Mason Graphite said the graphene-enhanced concrete developed by Concretene is also currently being trialed in rail, air, road, marine, residential, commercial, and civil engineering applications throughout the UK by Nationwide Engineering.
“The use of our graphene in the construction of a residential building speaks volumes to the suitability of our products for large scale industrial applications,” said Harry Swan, director of Black Swan and CEO of Thomas Swan, in a statement.
“This is a very exciting moment as we continue to work with several partners to prepare for large scale commercialization of products in different industries, such as polymers, Li-ion batteries, and several other sectors in addition to concrete.”
Black Swan is a private company jointly owned by Mason Graphite (66.7%) and Thomas Swan (33.3%) that is focused on the large-scale production and commercialization of patented high-performance low-cost graphene products. Black Swan is currently evaluating different strategic options and is expected to proceed to a go-public transaction in the near future.
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