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Clean TeQ Holdings Announces to Form JV with Ionic Industries to Progress Graphene Oxide Technology Development

24 Sep 2018  |  09:51:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: JV to progress graphene oxide technology development

Clean TeQ Holdings advised that following the encouraging progress towards development of a graphene-oxide based water filtration membrane, it is to form an incorporated JV with Ionic Industries (Ionic) to further develop and commercialise this opportunity. The Company has been working with Ionic Industries and Monash University to develop, manufacture and apply graphene oxide membranes for water filtration applications. Over the past 18 months, the Company and Ionic have developed a process to manufacture high purity graphene oxide that can be applied to a membrane support to create an efficient graphene nanofiltration membrane (GO-Membrane). The JV with Ionic will be structured as a newly incorporated JV owned 75% by the Company and 25% by Ionic.

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