Graphjet signs LO for new production plant
Malaysia-based graphite and single-layer graphene producer, Graphjet Technology (GTI), recently signed a Letter of Offer to build its RM400 million (over USD$90 million) production facility in the Phase 3 of Malaysia-China Kuantan Industrial Park.
Graphjet's patented technology aims to transform palm kernel shell, a waste from palm kernel production, into single-layer graphene, at a significantly lower cost than the current production of single-layer graphene. The production plant is expected to produce 10,000 tonnes of graphite and 60 tonnes of single-layer graphene annually.