HydroGraph and Gulf Cryo Sign Pioneering MoU
HydroGraph Clean Power Inc., a commercial manufacturer of pristine graphene, has signed a memorandum of understanding (MOU) with Gulf Cryo LLC, a leading provider of comprehensive gas solutions in the Middle East and Africa, as of May 13, 2024.
This agreement marks a significant collaboration aimed at enhancing the production, distribution, and sale of pristine graphene within the Middle East.
The partnership will utilize HydroGraph’s expertise in graphene production and Gulf Cryo’s operational and business development capabilities. Plans are underway to establish a commercial-scale graphene production unit, the Hyperion System™, within strategically chosen markets across the United Arab Emirates, Bahrain, Kuwait, Oman, Qatar, Jordan, and Egypt. Focus sectors include lubricants, resins, bottling, and concrete, with initial market assessments expected to span three to five months.