TORONTO, July 16,
2024 /CNW/ - Black Swan Graphene Inc. ("Black
Swan" or the "Company") (TSXV: SWAN) (OTCQB: BSWGF)
(Frankfurt: R96) is proud to unveil its new Graphene Enhanced
Masterbatch ("GEM"), GEM S27M, the latest innovation in the
Company's GraphCore™-01 product line ("GraphCore"). This new
offering is a 10% graphene nanoplatelet ("GNP") masterbatch
in high-density polyethylene ("HDPE"), designed to deliver
transformative benefits.
HDPE is renowned for its high strength-to-density ratio, making
it ideal for packaging applications. When enhanced with graphene,
HDPE exhibits improved mechanical properties, including increased
strength and durability, ensuring better performance in demanding
applications, notably in packaging and films, such as plastics
bottles and garbage bags.
The introduction of GEM S27M marks a significant advancement in
sustainable packaging. By blending this new HDPE masterbatch with
recycled polyethylene ("PE"), Black Swan allows its
customers to enhance material performance while demonstrating a
commitment to sustainability.
Chris Herron, Vice-President of
Research and Product Development of Black Swan, commented: "When
polymers are recycled, some of the original properties are often
reduced. The addition of small amounts of graphene, typically less
than 1% loading, reinforces and enhances the original mechanical
performance parameters."
GEM S27M is the fifth GEM of the GraphCore line of products and
is available in large volumes with short lead-time. Black Swan also
recently launched the following products, all issued from its
GraphCore Powder (GC1004):
- GEM X23M for use in Polypropylene, a commercial product
typically used in the automotive industry for bumpers (fenders),
interiors, battery casings and general packaging applications. The
use of this Black Swan GEM can enhance impact resistance by
approximately 20%;
- GEM S24M, also for use in Polypropylene, improves tensile
properties typically in fibre applications, often used in textiles,
ropes and composites;
- GEM D26M improves tensile properties of Polyamide Nylon 6, a
versatile engineering plastic used in automotive under-hood
applications, electrical component housing, seatbelts, industrial
wire and cables; and
- GEM bB25L for use in thermoplastic polyurethane, typically used
in applications such as fan belts, conveyer belts, mobile phone
covers, cable covers, consumer goods and footwear. This Black Swan
GEM enhances tensile strength and elasticity, resulting in a weight
reduction of up to 25%, as demonstrated in specific
applications.
About Black Swan Graphene Inc.
Black Swan is focused on the large-scale production and
commercialization of patented high-performance and low-cost
graphene products aimed at several industrial sectors, including
concrete, polymers, Li-ion batteries, and others, which are
expected to require large volumes of graphene. Black Swan aims to
leverage the low cost and green hydroelectricity of the province of
Québec as well as the proximity of the province's emerging graphite
industry in order to establish an integrated supply chain, reduce
overall costs, and accelerate the deployment of graphene usage.
On March 27, 2023, Black Swan, Nationwide Engineering Research
and Development Ltd. and Arup Group Ltd. ("Arup") announced
strategic partnerships, establishing a fully integrated supply
chain, and providing a turnkey solution for the construction and
concrete industries. Arup is a multinational engineering
consultancy headquartered in London, United Kingdom, with 18,000 experts working
across 140 countries. Black Swan's graphene processing technology
was developed by Thomas Swan & Co. Ltd.
("Thomas Swan") over the last
decade. Thomas Swan is a United Kingdom-based global
chemicals manufacturer, with a century-long track record and has
been at the forefront of graphene innovation.
More information is available
at: www.blackswangraphene.com.
Black Swan Graphene Inc. on behalf of the Board of
Directors
Simon Marcotte, CFA, President
& Chief Executive Officer
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release.
Forward-Looking Information
The information contained herein contains "forward-looking
statements" within the meaning of applicable securities
legislation. Forward-looking statements relate to information that
is based on assumptions of management, forecasts of future results,
and estimates of amounts not yet determinable. Any statements that
express predictions, expectations, beliefs, plans, projections,
objectives, assumptions or future events or performance are not
statements of historical fact and may be "forward-looking
statements." Forward-looking statements are subject to a variety of
risks and uncertainties which could cause actual events or results
to differ from those reflected in the forward-looking statements,
including, without limitation: risks related to the TSXV listing,
risk related to the failure to obtain adequate financing on a
timely basis and on acceptable terms; risks related to the outcome
of legal proceedings; political and regulatory risks associated
with the industry; risks related to the maintenance of stock
exchange listings; risks related to environmental regulation and
liability; the potential for delays in development activities or
the completion of feasibility studies; the uncertainty of
profitability; risks related to the inherent uncertainty of
production and cost estimates and the potential for unexpected
costs and expenses; results of feasibility studies, and the
possibility that future results will not be consistent with the
Company's expectations; risks related to commodity prices
fluctuations; and other risks and uncertainties related to the
Company's prospects, properties and business detailed elsewhere in
the Company's disclosure record. Should one or more of these risks
and uncertainties materialize, or should underlying assumptions
prove incorrect, actual results may vary materially from those
described in forward-looking statements. Furthermore, performance
results of graphene products as additives can vary widely depending
on type and the specificity of the target material, the specifics
of the graphene product itself, including but not limited to,
carbon purity, particle size, surface agent, dispersion behavior,
and application and usage methods. Investors are cautioned against
attributing undue certainty to forward-looking statements and
initial test results. These forward-looking statements and test
results are made as of the date hereof and the Company does not
assume any obligation to update or revise them to reflect new
events or circumstances, except in accordance with applicable
securities laws. Actual events or results could differ materially
from the Company's expectations or projections.
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SOURCE Black Swan Graphene Inc.