HydroGraph entered into a memo of understanding signed May 13 with Gulf Cryo, which manufactures and provides industrial, medical and specialty gases in the Middle East and Africa. The companies agreed to work together to establish a commercial-scale production unit that uses HydroGraph’s Hyperion System. According to HydroGraph, the Hyperion method is a synthesis process that involves filling a chamber with hydrocarbon and oxygen. Igniting the mixture with a small spark results in the formation of graphene.