Grafoid CEO Comments on the Increasing Demand for Graphene

An article written by Murad Hemmadi, Canadian Business, August 4, 2015 outlined the increasing demand, as well as uses for graphene, a high quality version of graphite.
Grafoid Inc., a privately held graphene company based in Ottawa, is taking a different approach, combining graphene with existing industrial polymers.
Grafoid CEO, Gary Economo, is quoted as saying:

“You end up with a stronger material that is less expensive. For example, a graphene-enhanced nylon polymer could replace PEEK, a material used extensively in the aerospace industry. Grafoid’s polymers could also supplant the more expensive carbon fibre in the automotive sector; some manufacturers will soon use the company’s materials to make internal parts for new and used vehicles. Grafoid has identified 55 short- and medium-term applications for graphene, and the company expects to earn $100 million in revenue by the end of the year. “We don’t just want to be a low-cost supplier of graphene to the market in general,” Economo says. “The only people we work with are companies that pay us a royalty by using our material.”

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