First Graphene Limited (“ASX: FGR” or “the Company”), today announced successful trial results from the application of PureGRAPH® graphene to be used in the production of oyster baskets with South Australian based shellfish aquaculture manufacturer, Hexcyl Systems Pty Ltd.
Using FGR’s PureGRAPH® products the High-Density Polyethylene (HDPE) showed improvements in strength, wear resistance and longevity.
HDPE is a thermoplastic polymer widely used in packaging (cosmetics, food and beverages), corrosion-resistant piping, geomembranes and plastic timbers. The global market for HDPE was estimated at USD 59 Billion in 2015, with a CAGR of 4%.
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