Mentioned:
HydroGraph has just struck a new deal with a wholesale gas suppler in Texas. But, why?
What’s happening:
- HydroGraph (CSE: HG) has entered into a new deal with wholesale gas supplier Western International for acetylene supply
By the numbers:
- Western International will supply HydroGraph with acetylene feedstock for 10 years as part of the new deal
Why it matters:
- HydroGraph will use the acetylene feedstock being provided by Western International as an input into their proprietary Hyperion Reactor to manufacture ultra-pure graphene
Going deeper:
- HydroGraph is one of the only publicly traded companies in North America solely focused on producing ultra-pure graphene to be used in composites, coating and even energy storage systems
- Western International and HydroGraph have also entered into a deal for a land lease to enable HydroGraph to build their first American based graphene manufacturing facility directly co-located beside Western International’s direct pipelines access in Bellville, Texas
