Sparc Technologies will now be able to start the commercial trails of ecosparc in protective coatings.
Sparc Technologies has recently announced that its ecosparc® graphene product range for protecting against cracking and corrosion has received the Commercial Evaluation Authorization (CEA) from the Australian Industrial Chemicals Introduction Scheme (AICIS), following the recently completed fully independent lifecycle assessment (LCA).
“We are delighted to announce that ecosparc has received complete and definitive regulatory approval from AICIS. This milestone allows Sparc to progress into the next stage of its commercial growth, where we can concentrate on the development, marketing, production and sales of ecosparc,” has stated Stephen Hunt, the executive chairman of Sparc Technologies.
The CEA allows Sparc to conclude the trials phase in the laboratory, so the company will now be able to manufacture larger quantities of its new graphene product for commercial tests on steel infrastructure assets in Australia, while the regulatory approval process for both Europe and North America has also started. Furthermore, Sparc Technologies is currently engaged in discussions with several industrial asset owners to test the use of ecosparc in protective coatings, aiming to improve their crack resistance and corrosion mitigation properties.
“This is an exciting progression in the business which will see the realisation of ecosparc being used in protective coatings in real world trials which are relevant to our target markets. The cost savings and positive environmental outcomes for our customers will be substantial,” has added Denis Wright, the general manager of Sparc Technologies.