Sparc Technologies (ASX:$SPN) introduces groundbreaking graphene-based ecosparc additive for anti-corrosive coatings, targeting significant cost and emissions savings.

Sparc Technologies (ASX:SPN) is revolutionizing the anti-corrosive coatings industry with the development of ecosparc, a graphene-based additive designed to enhance the anti-corrosive properties of marine and protective coatings for steel infrastructure. The innovative ecosparc aims to significantly reduce carbon emissions and maintenance costs, offering a breakthrough solution for the industry.

Executive Commentary on Sparc Technologies' Graphene-based ecosparc

The development of ecosparc represents a significant milestone for Sparc Technologies. Our team has dedicated over four years to research and development, resulting in a game-changing solution for the industry. The ecosparc additive not only enhances conventional coatings but also contributes to a substantial reduction in carbon emissions and maintenance costs, aligning with our commitment to sustainability and environmental outcomes.

Summary of Sparc Technologies' ASX Announcement

Sparc Technologies (ASX:SPN) has introduced ecosparc, a groundbreaking graphene-based additive for anti-corrosive coatings, aiming to revolutionize the industry. The innovative ecosparc is designed to extend the time between maintenance events, leading to an 18-21% reduction in carbon emissions and 19-23% savings in maintenance costs. Sparc Technologies is actively working with global coatings companies and asset owners to commercialize ecosparc, targeting a dual track approach for market penetration. Additionally, Sparc Technologies is leveraging its expertise, data, and global network to establish a competitive advantage in the industry.