delerious1
24時間前
HydroGraph Receives Purchase Order For Four Novel Graphenes From Global Automotive Customer
Commercial Expansion Prompts HydroGraph To Appoint Darrow Associates For Investor Relations
TORONTO, Nov. 20, 2024 (GLOBE NEWSWIRE) -- HydroGraph Clean Power Inc. (CSE: HG) (OTCQB: HGRAF) (FRA: M98) (the “Company” or “HydroGraph”), a sustainable commercial manufacturer of pristine graphene, announced today that it has received a purchase order from a major global automotive company for research quantities of four additional graphene products. The purchase order includes both pristine functionalizations and completely novel formulations produced by HydroGraph’s patented explosion synthesis process.
The new purchase order, dated on November 18 and received by HydroGraph on November 19, is an expansion of the ongoing automotive composite improvement program which began with the customer earlier in 2024, adding new graphene projects in advanced manufacturing applications.
“These projects represent the type of high-value advanced materials applications feasible only with HydroGraph’s exceptionally pure and precision-engineered graphene products. We are excited to expand our work with this global automotive customer based on the quality of our nanomaterials designed to the meet the multi-functional specifications required in these programs,” said Kjirstin Breure, president and CEO of HydroGraph.
Automotive manufacturers represent a vast and scalable market opportunity for the Company, with the global automotive composites market projected to expand at a CAGR of 12.1% between 2023 and 2033, totaling around USD 26.1 billion by 2033. i HydroGraph’s patented explosion synthesis process, combined with its ability to engineer bespoke graphene products, positions the Company as a strategic supplier in this market.
Appointment of Darrow Associates for Investor Relations
The Company’s continued development and commercial advancement has led the Company to enter into an agreement (“Agreement”) with Darrow Associates (“Darrow” or the “agency”) to provide the Company with investor relations services.
Darrow Associates is an investor relations and financial communications firm with coverage throughout the United States. The firm was established in New York in 2005 and since that time has added to its professional staff to become one of the largest and most trusted IR consulting firms for middle market companies. Darrow Associates professionals have significant experience in partnering with public and pre-IPO companies in the technology, media and telecommunications (TMT), business services, alternative energy, clean technology, healthcare/medtech, financial services, industrial, and aerospace and defense industries. Additional information is available at www.darrowir.com.
Pursuant to the agreement with Darrow, the agency will provide investor relations services to the Company in exchange for a monthly fee of USD $9,000. The services include developing and managing an investor relations program, including company messaging, capital markets advisory and stakeholder relations. The agreement renews annually by mutual agreement and is cancellable on 60-day notice. The Company is at arm’s length from Darrow, and compensation payable to Darrow does not include any securities in the Company nor does Darrow currently own, directly or indirectly, any securities in the Company or any right or intent to acquire any securities in the Company. Darrow contact information: Jordan Darrow, Principal and Founder, Austin, TX, jdarrow @May-551-9296.
ABOUT HYDROGRAPH CLEAN POWER INC.
HydroGraph Clean Power Inc is a leading producer of pristine graphene using an “explosion synthesis” process, which allows for exceptional purity, low energy use and identical batches. The quality, performance and consistency of HydroGraph’s graphene follows the Graphene Council’s Verified Graphene Producer® standards, of which very few graphene producers are able to meet.
For more information about HydroGraph, please visit www.hydrograph.com . For company updates, please follow HydroGraph on LinkedIn and X .
Forward-Looking Statements
This release contains certain “forward looking statements” and certain “forward-looking information” as defined under applicable Canadian securities laws. Forward-looking statements and information can generally be identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “intend”, “estimate”, “upon” “anticipate”, “believe”, “continue”, “plans” or similar terminology.
Forward-looking statements and information include, but are not limited to: statements in respect of the Private Placement, the use of the net proceeds from the Private Placement, the timing and ability of the Company to close the Private Placement, if at all, the gross proceeds of the Private Placement, the timing and ability of the Company to obtain all necessary regulatory approvals, if at all, and the terms and jurisdictions of the Private Placement; the statements in regards to existing and future products of the Company; the Company’s future personnel appointments; the Company’s plans and strategies.
Forward-looking statements and information are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that, while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward-looking statements and information are subject to various known and unknown risks and uncertainties, many of which are beyond the ability of HydroGraph to control or predict, that may cause HydroGraph’s actual results, performance or achievements to be materially different from those expressed or implied thereby, and are developed based on assumptions about such risks, uncertainties and other factors set out herein, including but not limited to: HydroGraph’s ability to implement its business strategies; risks associated with general economic conditions; adverse industry events; stakeholder engagement; marketing and transportation costs; loss of markets; volatility of commodity prices; inability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favourable terms; industry and government regulation; changes in legislation, income tax and regulatory matters; competition; currency and interest rate fluctuations; and other risks. HydroGraph does not undertake any obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents management’s best judgment based on information currently available.
No forward-looking statement can be guaranteed, and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements.
CONTACTS
HydroGraph Investor Relations
Matt Kreps, Darrow Associates IR
mkreps@darrowir.com
214-597-8200
Kjirstin Breure, President and CEO
kjirstin.breure@hydrograph.com
delerious1
7日前
CSE: HG OTCQB: HGRAF HydroGraph Confirms Appointment Of Kjirstin Breure As Chief Executive Officer
Appointment Solidifies HydroGraph’s Leadership And Strategic Growth
TORONTO, Nov. 14, 2024 (GLOBE NEWSWIRE) -- HydroGraph Clean Power Inc. (CSE: HG) (OTCQB: HGRAF) (FRA: M98) (the “Company” or “HydroGraph”), a sustainable commercial manufacturer of pristine graphene, is pleased to announce the appointment of Kjirstin Breure as chief executive officer (CEO) of the company. Breure has been an integral part of the company's leadership, serving as board director and president of the company since January 2022, and as interim CEO since March 2024.
Breure will continue to be responsible for overseeing HydroGraph’s long-term strategy and operational initiatives, collaborating closely with the executive team and board of directors to align HydroGraph’s goals with evolving market needs. Breure is focused on driving value to shareholders and is committed to continuing to foster a company culture of innovation and creativity.
Commenting on her appointment, David Williams, chairman of HydroGraph’s board of directors said, “On behalf of the board I would like to thank Kjirstin for the work she has done for Hydrograph to date. Since stepping into the interim CEO role in March, the board has been impressed with her strategic vision, leadership and commercial focus. In the short time since taking over the interim CEO role, Kjirstin has made a strong impact on driving forward our application development, scientific programs, and building a deep commercial pipeline that will lead to significant graphene sales.”
“Building this company has been my singular focus for the past five years. With a brilliant team at my side, I look forward to breaking new ground within advanced materials and to creating billions of dollars in value for our shareholders,” Breure said.
“I want to express gratitude to the board and to my team for supporting the formalization of this role as well as the trust they have placed in me and my strategy. The vision I have for HydroGraph has never been clearer.”
The announcement comes during a period of significant innovation and growth at HydroGraph, including the appointment of Tom Eldridge as director of business development last month, and HydroGraph’s recent announcement of its breakthrough in PET research .
“The board congratulates Kjirstin on this appointment and looks forward to supporting her as she leads the company through the next phase of its corporate and strategic development and making Hydrograph a world leading graphene producer that will deliver long term growth and value for shareholders,” Williams said.
For more information about HydroGraph, please visit www.hydrograph.com.
ENDS
ABOUT HYDROGRAPH CLEAN POWER INC.
HydroGraph Clean Power Inc is a leading producer of pristine graphene using an “explosion synthesis” process, which allows for exceptional purity, low energy use and identical batches. The quality, performance and consistency of HydroGraph’s graphene follows the Graphene Council’s Verified Graphene Producer® standards, of which very few graphene producers are able to meet. For more information or to learn about the HydroGraph story, visit: https://hydrograph.com/ .
For company updates, please follow HydroGraph on LinkedIn and X .
delerious1
2週前
NEWS: (CSE: HG) (OTCQB: HGRAF) (FRA: M98) HydroGraph Achieves Breakthrough in Sustainable Plastic Packaging Research
Fractal graphene significantly enhances the performance and sustainability of plastic packaging
November 07, 2024 07:30 ET
| Source: Hydrograph Clean Power Inc.
TORONTO, Nov. 07, 2024 (GLOBE NEWSWIRE) -- HydroGraph Clean Power Inc. (CSE: HG) (OTCQB: HGRAF) (FRA: M98) (the “Company” or “HydroGraph”), a leader in sustainable commercial manufacturer of graphene, today announced a technological advancement which hopes to revolutionize across various sectors.
As the global polyethylene terephthalate (PET) packaging industry faces unprecedented regulatory pressure to reduce virgin plastic consumption, HydroGraph discovers that its Fractal Graphene powder (FGA-1) dramatically improves the performance and sustainability of PET bottles.
"These performance gains in PET arrive at a critical moment for the packaging industry," said Kjirstin Breure, interim CEO and president at HydroGraph. "As manufacturers struggle with the challenge of increasing recycled content while managing costs and maintaining performance, our technology offers a solution that addresses these needs simultaneously. By enabling significant material reduction while improving performance with recycled content, we're helping the industry meet environmental mandates without compromising product competitiveness."
Resulting from tests conducted at the Graphene Engineering Innovation Centre (GEIC), HydroGraph demonstrated that its FGA-1 enhances the performance of PET bottles at an ultra-low loading of just 0.006 wt-% of graphene added, which could lead to lightweighting and an overall reduction in plastic use. When applied to a 50:50 blend of virgin PET and rPET, the technology delivers:
23% improvement in top-load compressive strength
Potential weight reduction of approximately 20%
83% decrease in water vapor transmission rate
According to Mordor Intelligence, The PET bottle industry, which produces more than 500 billion bottles annually (25 million tons of PET), has faced mounting challenges from extended producer responsibility (EPR) legislation worldwide.
The EU Directive 2019/904 on single-use plastics mandates that PET beverage bottles must contain at least 25% recycled content by 2025 and 30% by 2030.
The UK Plastic Packaging Tax imposes fees on packaging with less than 30% recycled content.
In California, Assembly Bill 793 requires that beverage bottles contain a postconsumer recycled content of 15%, increasing to 25% in 2025 and 50% in 2030.
Multiple other US states, including Washington, New Jersey, and Maine, have implemented or announced recycled content mandates.
Canada's Zero Plastic Waste Agenda targets 50% recycled content by 2030.
Global legislation is increasingly demanding higher recycled content in plastic packaging, posing significant challenges for manufacturers. Recycled PET (rPET) can cost 20-30% more than virgin PET, and global rPET supply can only partially meet current demand.
“Manufacturers are at a crossroad when it comes to the development of plastic packaging,” said Breure. “Given previous success we’ve seen with our graphene technology, we responded to the mounting pressure for increased sustainability and lightweighting by researching ways fractal graphene can benefit the material. We’re proud of what we’ve accomplished so far, and we’re excited to see what other breakthroughs are on the horizon as we continue our extensive research of nanomaterial technology.”
Based on current global PET bottle production, adoption of this FGA-1 technology could achieve a potential reduction of 5 million tonnes of plastic usage annually (20% of current consumption). In an ideal scenario where FGA-1 technology is fully commercialized with PET:rPET blends of 50:50, the emissions reduction from using 20% less overall PET in bottles could represent a reduction of more than 8 million tonnes of CO2.
HydroGraph remains committed to pioneering sustainable solutions and looks forward to further advancements in nanomaterial technology. For more information about HydroGraph's sustainable packaging solutions, visit www.hydrograph.com.
ABOUT HYDROGRAPH CLEAN POWER INC.
HydroGraph Clean Power Inc is a leading producer of pristine graphene using an “explosion synthesis” process, which allows for exceptional purity, low energy use and identical batches. The quality, performance and consistency of HydroGraph’s graphene follows the Graphene Council’s Verified Graphene Producer® standards, of which very few graphene producers are able to meet. For more information or to learn about the HydroGraph story, visit: https://hydrograph.com/.
For company updates, please follow HydroGraph on LinkedIn and X.
https://www.globenewswire.com/news-release/2024/11/07/2976566/0/en/HydroGraph-Achieves-Breakthrough-in-Sustainable-Plastic-Packaging-Research.html
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