Sparc Technologies and Santos collaboration

Sparc Technologies (ASX: SPN) has signed a binding trial agreement with Santos Limited. The trial aims to test Sparc's ecosparc® enhanced anti-corrosive coating at Port Bonython, South Australia. This initiative could lead to the commercial use of ecosparc® by Santos, contingent on successful trial results.

Sparc Technologies' strategic progress

Sparc Technologies' recent agreement with Santos marks a crucial phase in the commercialization of its ecosparc® anti-corrosive coating. By conducting a field trial at Port Bonython, Sparc aims to demonstrate the superior performance of its graphene-based additive against market-leading coatings. This effort is part of a strategic plan to collaborate with major asset owners across various industries, including mining and oil & gas. The company is leveraging its innovative technology to enhance industrial coatings, which aligns with its broader focus on sustainable technology development. If the trial proves successful, it could significantly boost the adoption of ecosparc® coatings and support Sparc's ambitions in green technology and anti-corrosive solutions.

Executive commentary on trial agreement

This trial represents an important step in validating ecosparc® with a large asset owner such as Santos. We are excited to demonstrate the performance of our graphene-based additive in a real-world, highly corrosive environment. Success here could pave the way for inclusion in Santos’ coatings specification for commercial projects.