First Graphene targets China cement market

First Graphene Ltd managing director and CEO Michael Bell talked with Proactive about the company’s Memorandum of Understanding with The Sixth Element (Changzhou) Material Technology Co Ltd to distribute its PureGRAPH® CEM additive into China, opening a pathway into the world’s largest cement and concrete market. Bell said the scale of the opportunity in China is significant when compared with other global cement markets. He noted that the UK market represents around 16 million tonnes of cement per year, while the US produces about 100 million tonnes. By contrast, China produces up to 2.3 billion tonnes of cement, which he said is “essentially 50% of the cement used in the world today”. The Sixth Element has been appointed as a key distributor for PureGRAPH® CEM in China, with exclusivity available subject to achieving annual purchase targets. Bell said the partner brings nanomaterials expertise, market connections, presence and manufacturing capability, all of which are important for entering such a large and complex market. The MOU includes a phased approach, beginning with validation of First Graphene’s results in China, followed by a potential distribution agreement and, at later milestones, a JV licensing arrangement to support in-country manufacturing. Visit Proactive’s YouTube channel for more videos, and don’t forget to give this video a like, subscribe to the channel and enable notifications for future content.