Graphene Manufacturing Group (GMG) has provided a business update on the commercialization progress of THERMAL-XR® Powered by GMG Graphene.
GMG and Nu Calgon have signed an agreement with a consultant to prepare and submit a Pre-Manufacture Notice (PMN) for its USA Environmental Protection Agency's (EPA) approval to import and sell in the USA, as previously announced in its THERMAL-XR® re-submission. The PMN application is expected to be submitted before the end of October and the potential approval is expected to take less than 12 months. The PMN will be substantially different from the Low Volume Exemption (LVE) PMN GMG previously submitted. The potential PMN EPA approval that GMG will be seeking is expected to be not limited by volume, application and any one particular sector, while the LVE PMN application was limited to 10 tonnes per annum, one application technique and the HVAC sector.
GMG continues to engage global Air Conditioning Manufacturers in China and the USA for THERMAL-XR® production coating trials. GMG is also working with a global Manufacturer of Trucks and Trains.
GMG is now working with a number of global manufacturing companies in various sectors which have passed product performance testing with THERMAL-XR® and are now working through processes to achieve optimal production line performance, with the aim to go into full production thereafter.
GMG's Managing Director and CEO, Craig Nicol, commented: "The progress GMG is making with THERMAL-XR® is exciting. The various types of industries that are now trialing and in some cases ordering the product include after-market air conditioning, data centers, air conditioner manufacturers, truck and train manufacturers and industrial facilities such as LNG plants."
GMG's Chairman and Director, Jack Perkowski, commented: "THERMAL-XR® is an exciting prospect for the Company in many markets including for the China Air Conditioner Manufacturers. It is encouraging to see the Company gaining traction in this and other markets."
