Inc. (“NanoXplore” or the “Corporation”) (TSX-V: GRA and OTCQX: NNXPF) is pleased to announce that the addition of GrapheneBlackTM (NanoXplore’s proprietary graphene product) to plastics increases the number of times plastics can be used – enabling a multi-use plastic that is now recyclable.
Dr. Soroush Nazarpour, Chief Executive Officer of NanoXplore, commented:
“We are committed to a sustainable future at NanoXplore and we have dedicated our resources and knowledge towards this goal. As a result of a 24-month research and testing program, we can confirm that by adding our GrapheneBlackTM powder and masterbatches to everyday-use plastics, such as Polyethylene, we can increase the lifetime of these plastics by making them reusable. Degradation and thermal aging are the main reasons why many plastics are not reusable for the same purpose. GrapheneBlackTM protects plastics from these negative effects and provides our customers with a cost-effective and sustainable solution without disrupting the existing plastic supply chain. We are excited to help address the challenges of reusability of plastic.”
AVERAGE ANALYSTS PRICE TARGET $3.15
AVERAGE ANALYSTS RECOMMENDATION BUY
COMPANY PROFILE
NanoXplore, Inc. engages in the manufacture and supply of graphene powder. Its products include GrapheneBlack, molded plastics, next generation batteries, and customized graphene solutions. The company was founded by Soroush Nazarpour in 2011 and is headquartered in Montreal, Canada.
Dr. Soroush Nazarpour, Chief Executive Officer of NanoXplore, commented:
“We are committed to a sustainable future at NanoXplore and we have dedicated our resources and knowledge towards this goal. As a result of a 24-month research and testing program, we can confirm that by adding our GrapheneBlackTM powder and masterbatches to everyday-use plastics, such as Polyethylene, we can increase the lifetime of these plastics by making them reusable. Degradation and thermal aging are the main reasons why many plastics are not reusable for the same purpose. GrapheneBlackTM protects plastics from these negative effects and provides our customers with a cost-effective and sustainable solution without disrupting the existing plastic supply chain. We are excited to help address the challenges of reusability of plastic.”
AVERAGE ANALYSTS PRICE TARGET $3.15
AVERAGE ANALYSTS RECOMMENDATION BUY
COMPANY PROFILE
NanoXplore, Inc. engages in the manufacture and supply of graphene powder. Its products include GrapheneBlack, molded plastics, next generation batteries, and customized graphene solutions. The company was founded by Soroush Nazarpour in 2011 and is headquartered in Montreal, Canada.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.