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First Graphene Ltd ( (AU:FGR) ) has shared an announcement.
First Graphene Limited has successfully fulfilled its first significant order of 500kg of PureGRAPH 10 Masterbatch, marking the initial industrial-scale shipment of graphene-enhanced TPU material under a commercial agreement with PT Alasmas Berkat Utama. This shipment, produced by Duromer in Vietnam, is set to be integrated into the soles of KRUSHERS work boots for the Southeast Asian market, with potential expansion into other work and safety boot ranges. The successful integration of PureGRAPH into TPU products demonstrates its non-intrusive application, de-risking its use for other industries and paving the way for broader adoption without requiring changes to existing processing technologies.
More about First Graphene Ltd
First Graphene Limited is a company operating in the advanced materials industry, focusing on the production and supply of graphene-enhanced products. Their primary products include graphene additives for various applications, with a market focus on industries utilizing thermoplastic polyurethanes (TPUs) and other materials for enhanced durability and performance.
Average Trading Volume: 1,404,776
Technical Sentiment Signal: Buy
Current Market Cap: A$80.31M
For a thorough assessment of FGR stock, go to TipRanks’ Stock Analysis page.