- Whitepaper released on patented hydrodynamic cavitation process to convert petroleum feedstocks to high-value, clean materials
- Industry partner being sought to develop collaborative pilot program and advance commercialisation opportunities
- Technology provides potential path to cleaner, more sustainable revenue streams for petroleum manufacturers
First Graphene Limited is pleased to release a whitepaper on its patented process for converting petroleum feedstocks into graphite, graphene and clean hydrogen.
The Company has also released an animated presentation with a view to attracting industry partners to collaborate on the continued development and commercialisation of the innovative technology.
Earlier this year, First Graphene’s research team successfully demonstrated that the novel cavitation technology could efficiently produce graphite materials in a single step process. “Green” hydrogen is the only by-product with no carbon dioxide produced in the process. This work was largely funded by the United Kingdom Government’s Sustainable Innovation Fund, managed by Innovate UK.
High purity graphite is in demand for use in the production of battery anodes such as those used in electric vehicles.
With strong growth predicted in the EV market globally, and a corresponding decline in traditional petrol and diesel-powered vehicles, First Graphene’s unique process provides a potential path to new revenue and more sustainable energy markets for petroleum manufacturers.
The authors of the whitepaper indicate that because the process uses readily available equipment, the process to evolve to a commercial scale should be relatively straightforward.
First Graphene CEO Michael Bell said the Company was now looking for industry partners to help prove the commercial viability of the cavitation technology.
“First Graphene’s cavitation technology is both highly innovative and remarkably simple, and we’re confident it can be readily scaled up using standard processing equipment,” Mr Bell said.
“Ideally, we believe it should be implemented as an additional step within the refinery environment where the full range of feedstocks and petroleum engineering capabilities are readily available.
“For that reason, we see the logical next step being to work directly with an industry partner to develop a commercial-scale pilot.
“Once proven, this technology could not only provide petroleum companies with new revenue opportunities in high-growth sectors but could also offer viable carbon credits as emission trading markets continue to evolve rapidly around the world.”