Business Model: Our business model is to produce a spectrum of carbon products for industry from low value or waste feed-stocks and renewable sources. These products include activated carbons and other sorbents, fuel products, soil additives, and materials for energy storage. Graphene fits well into our existing strategy, where in we will convert low value waste materials into a high value carbon source for emerging, high- tech material applications.
Revolutionary Process: Graphene is generally produced from graphite, but coal and woody biomass have special qualities that are best suited to graphene production by CRDC’s Enviranization Process. Xphene by licensing Intellectual Property (IP) from CRDC for manufacturing specific carbon and graphene products. This approach will encourage manufacturers to locate close to the Graphene Research Center and foster rapid growth of graphene applications through R&D commercial product development ventures. This highly-valued IP captures carbon allotropes already present in the waste gases and divaricates them into graphene. CRDC is presently modifying a carbon reactor located at its Graphene Research Center. Due diligence analysis confirms a technological readiness to produce commercial-grade graphene in high volumes at a cost that was thought impossible until CRDC’s revolutionary process was developed.
Xphene’s Objective: The near-term objective of CRDC is to retrofit the Enviranization 3000H unit to capture the graphene laden gases that are by-products of current carbon black replacement (Neat90) product that is now being produced. Retrofitting the unit, currently located at the Graphene Research Center, is expected to cost approximately $1,250 million. CRDC is purchasing $510,000 in atomic level capable laboratory analyzing equipment, that is required to properly test graphene. In addition, the composite compounding hardware for Laboratory will be purchased. The intent is to create an academic collaboration to establish commercial grade graphene standardization based upon sector utilization. The laboratories will be for the testing of graphene quality standards as well as to support the enhancement of a myriad of industry commercial applications and potential new product development.
Market: According to the “Graphene – Global Market Outlook (2017-2026)” report, The Global Graphene Market is expected to grow at a CAGR of 40% during the forecast period. The rising demand for printed electronics, growing focus on R&D activities, and requirement of nanotechnology in the electronic goods industry are some of the factors boosting the market growth. Market growth is being hindered by cost and lack of mass production; problems CRDC will soon remedy with a “wood/coal to graphene” process for initially mass-producing Flake Graphene and Graphene Oxide.
Target Customers: Target customers will initially be derived from the current Neat90 customer base. Xphene has a working relationship with composite compounders and large brokers in the U.S. and several foreign countries, many of which have a strong interest in graphene for commercially produced composite and polymer markets and in recycled, renewable, and alternative materials. These customers will use the produced graphene as an additive or blending agent as part of a final carbon product delivered to plastics and rubber manufacturers.
The EnviraCarbon Companies (ECI): Have been in coal, activated carbon and carbon black development and production for ten years. ECI through EnviraPAC operates commercial Enviranization units producing carbon black replacement products without use of toxic elements. The firm’s International operating network provides access to hundreds of potential customers as end-user consumers desire stronger and more capable materials for various manufacturing uses. ECI is a group of privately-owned corporations operating without long-term debt, while serving an international market.
Last year ECI began the process of consolidating corporate offices, laboratories and R&D facilities in Daytona, FL, Charleston, SC, and Kingsport, TN to Wise, VA to bring intensive focus and investment to commercial-scale-production of graphene in the carbon rich coal fields.
ECI has successfully navigated international global competition in the field of bio-carbon. A track record of commercial scalability has been demonstrated at other facilities and in the marketing of those products. In a little over a year, in collaboration with our marketing partner, ECI has been able to create markets for carbon black replacement Neat90. When ECI, through EnviraPAC, started building its $45,000,000 facility in Monticello, Arkansas there was no market for bio-based carbon black. ECI recognized the need and, through educating the market, now has over three hundred customers, globally.