July 17, 2018
NanoXplore Inc. has announced a positive feasibility study for its proposed graphene production plant, with plans to begin construction in 2020 in Montréal, Que.
The modular graphene production plant will consist of five graphene production lines, each with a capacity of 2,000 metric ton/year, with each line consisting of four graphene production modules, each with a capacity of 500 metric ton/year.
“This is a significant achievement for NanoXplore and a significant milestone for graphene market,” says Dr. Soroush Nazarpour, President and CEO of NanoXplore. “This upcoming 10,000 metric ton/year graphene production plant would be the largest of its kind in the world and would position NanoXplore as a leader in graphene market.”
The company’s proprietary graphene production technique is a batch process, and the modular design of the plant provides the flexibility to adjust the production output with customer requirements, according to the press release.
Dr. Nazarpour says that offering graphene with a price of $10,000 per metric ton has been repeatedly asked by their partners and clients, “and such pricing will meaningfully help the global growth of graphene market.”
“I am very pleased that we are taking this initiative with project metrics that make sense for our customers,” continues Dr. Nazarpour, “existing shareholders and future investors.”
NanoXplore has already signed a lease and an option to expand and purchase agreement for a 70,000 sq.ft building at 4500 Thimens Blvd., Montréal, along with two vacant lands attached to the building, with the eventual total building area reaching more than 134,000 sq.ft.
The project will be executed on an EPCM basis, which will initially have one graphene production line constructed and commissioned by January 2020, followed by the construction and commissioning of the four remaining lines by January 2021.