Total
0
Shares
ZEN Graphene (TSXV:ZEN) builds on PPE agreements
Market Herald logo

Subscribe

Be the first with the news that moves the market
  • NanoXplore has released an update on its GrapheneBlack
  • The update comes after Health Canada issued a recall on all disposable masks containing graphene on April 2, 2021
  • NanoXplore received approval for GrapheneBlack on September 4, 2020
  • GrapheneBlack has not been used in any masks, and NanoXplore only commercializes graphene for approved uses
  • NanoXplore is a manufacturer and supplier of high-volume graphene powder for use in industrial markets
  • NanoXplore (GRA) is up 2.17 per cent and is trading at C$3.30 per share

NanoXplore released an update on its GrapheneBlack after Health Canada issued a recall on all disposable masks containing graphene on April 2, 2021.

NanoXplore received approval for GrapheneBlack under the Canadian Environmental Protection Act on September 4, 2020.

The approval allows NanoXplore to "manufacture and sell its GrapheneBlack in any amount in Canada, for commercial uses as an additive in plastics, thermosetting composites, paints and coatings and as a component of battery electrodes."

In recent weeks, several Canadian media outlets published news that disposable face masks containing graphene were commercialized even though graphene had not been approved for such use.

NanoXplore would like to clarify that its GrapheneBlack has not been used in any masks and that it only commercializes graphene for uses that have obtained regulatory approval.

Since its inception, NanoXplore has conducted many scientific studies to establish the environmental sustainability, health and safety of its GrapheneBlack.

A summary of these studies was published in a peer-reviewed article in 2020. As stated in the article, GrapheneBlack has shown no adverse effect on animal skin or lungs.

Soroush Nazarpour, President & CEO of NanoXplore, commented,

“It is important to distinguish graphene from graphene oxide. Graphene oxide is the material that was used in such masks and has proven to be detrimental to lungs."

"I am relieved to see Health Canada put a stop on the distribution and use of those masks," he added.

NanoXplore has filed a premanufacture notice in the United States under the Toxic Substances Control Act for the commercial use of its GrapheneBlack as an additive for thermoplastics, thermosets and rubbers.

The company believes that it will receive a consent order from the United States Environmental Protection Agency (EPA) soon.

NanoXplore is a manufacturer and supplier of high-volume graphene powder for use in industrial markets. The company provides standard and custom graphene-enhanced plastic and composite products to various customers.

NanoXplore (GRA) is up 2.17 per cent and is trading at C$3.30 per share as of 11:13 am ET.

More From The Market Herald

" KWESST (TSXV:KWE) closes private placement

KWESST Micro Systems (KWE) has closed its non-brokered private placement for gross proceeds of $1.5 million.
Fairfax Financial - Chairman, Prem Watsa. - The Market Herald Canada

" Fairfax India (TSX:FIH.U) to take controlling interest in Maxop Engineering

Fairfax India (FIH.U) has announced up to a US$66 million investment in Maxop Engineering.
PyroGenesis - CEO, M. P. Peter Pascali. - The Market Herald Canada

" PyroGenesis (TSX:PYR) secures additional government funding to transform quartz into fumed silica

PyroGenesis (PYR) has secured C$630,000 in government funding to develop a process to transform quartz into fumed silica.
TC Transcontinental - CEO, Francois Olivier - The Market Herald Canada

" TC Transcontinental (TSX:TCL.A) announces third quarter 2021 financial results

TC Transcontinental (TCL.A) reported increased revenue in the third quarter, driven by organic growth in the company’s printing sector.