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    FGR   AU000000FGR3

FIRST GRAPHENE LIMITED

(FGR)
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First Graphene Limited Launches New PureGRAPH Bitumen Masterbatch Formulation

11/02/2021 | 04:43pm EST

First Graphene Limited announce the release of PureGRAPH? MB-EVA Bitumen, a graphene-loaded carrier masterbatch for blending into asphalt mixture. Designed to improve mechanical properties and stability of roads and other asphalt urfaces, the masterbatch can also be added to bitumen storage tanks to create a graphene-enhanced polymer modified binder without the need for high shear mixing. Masterbatches are formulated to allow product manufacturers to easily incorporate graphene additives into their manufacturing processes. PureGRAPH? MB-EVA Bitumen is a graphene enhanced Ethylene-Vinyl Acetate (EVA) graphene additives. The new formulation further extends First Graphene's masterbatch product range to cater for yet another large, globally significant industrial application. While graphene-enhanced asphalts have undergone trials by other providers in Europe and the UK, First Graphene's PureGRAPH? MB-EVA Bitumen formulation is the first solution available for widespread commercial applications.


ę S&P Capital IQ 2021
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Financials
Sales 2021 0,34 M 0,25 M 0,25 M
Net income 2021 -6,30 M -4,53 M -4,53 M
Net cash 2021 1,78 M 1,28 M 1,28 M
P/E ratio 2021 -24,4x
Yield 2021 -
Capitalization 113 M 81,4 M 81,2 M
EV / Sales 2020 191x
EV / Sales 2021 453x
Nbr of Employees 14
Free-Float 79,8%
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Managers and Directors
Michael Bell Chief Executive Officer, Director & MD
Aditya Asthana Chief Financial Officer & Secretary
Warwick R. Grigor Non-Executive Chairman
Paul Ladislaus Chief Technology Officer
Andy Goodwin Non-Executive Director