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Graphene Manufacturing Group wins REACH approval for European expansion - ICYMI
Proactiveinvestors NAยท 2025-10-11 16:17
Core Insights - Graphene Manufacturing Group (GMG) has successfully secured REACH registration for Europe, enabling access to significant markets for its coatings and lubricants [1][2] - The company is focusing on expanding THERMAL-XR sales in Europe, particularly through its G LUBRICANT product, which offers substantial fuel savings for diesel and petrol engines [2][4] - GMG is awaiting EPA approval in the U.S. for THERMAL-XR, which is expected to drive large volumes through its partner Nu-Calgon, a major distributor in North America [3] Regulatory Developments - The REACH registration is a complex process that GMG has successfully navigated, allowing for the sale of its products in Europe [2] - The registration is particularly significant for G LUBRICANT, which targets a large market opportunity in Europe [4] Commercial Opportunities - THERMAL-XR presents multiple commercial angles, with a focus on the HVACR market in North America and potential growth in Europe [3] - The Mediterranean regions are identified as having higher air conditioning usage, which could lead to increased demand for coatings [3] Training and Adoption - GMG has launched the GMG Spray Academy to train technicians in the proper application of its coatings, facilitating industry adoption [5] - Certification through the Spray Academy allows accredited providers to offer a five-year warranty on the coatings, enhancing customer confidence [6] Future Milestones - The company is working on crystallizing distributor orders and has initiated the order process and supply program [7][8] - GMG is establishing warehouses and logistics partnerships to support its delivery mechanism, aiming to fulfill large orders efficiently [9]