Purafy announces a commercial partnership with Australian-Singaporean water and wastewater treatment company De.mem Ltd. that will enhance each company's product offerings and provide exposure to each other's core geographical markets.
In exchange for Purafy's unique Graphene Oxide (GO) nanoparticles for application within ultrafiltration membrane fibers, De.mem grants exclusive rights to Purafy for the use of De.mem's GO enhanced membrane within Purafy's portable and domestic water treatment products.
Under the agreement, De.mem receives exclusive access to Purafy's Graphene Oxide nanoparticles for use within De.mem's polymer ultrafiltration membrane. De.mem has tested Purafy's GO nanoparticles extensively and selected over several other, similar materials. Its unique properties allow De.mem to manufacture GO enhanced polymer-based ultrafiltration membranes with significantly enhanced filtration characteristics.
The new GO membrane technology has been validated in industrial trial projects in Singapore, and is proven to deliver 20 - 40% higher water flux (=throughput, or volume of clean water produced) vs. standard polymer ultrafiltration membranes in combination with a superior rejection of contaminants.
In exchange, De.mem grants exclusive rights to Purafy for the use of this unique GO ultrafiltration membrane, within Purafy's portable and domestic water treatment products. De.mem intends to promote Purafy's domestic water treatment products into Australia and Singapore initially. The commercial launch into North American and Australian markets is pending the completion of regulatory product certifications, which are expected to be achieved within the next 6-12 months.
"This commercial partnership agreement with De.mem represents a key validation point and milestone for Purafy as we manufacture our Graphene Oxide materials within a unique commercial setting," said Marc Roy, President and CEO of Purafy's parent company, Grafoid. "Our work together with De.mem for the introduction of these new, advanced membrane products is an important step towards collectively helping people ensure their access to clean water is secure, sustainable, and achieved economically."
Mr. Roy continued, "We look forward to working together with De.mem for years to come as we work to meet Graphene Oxide materials supply obligations, prepare for the commercial launch of the advanced membrane products within our portable and domestic filtration applications, and seek new commercial opportunities that can lead to substantial revenues for both Purafy and De.mem."
De.mem Chief Executive Officer Andreas Kroell added, "We are very pleased to enter into a commercial partnership with Purafy. Purafy offers us access to a unique type of Graphene Oxide material, which allows us to manufacture GO-enhanced ultrafiltration membranes with superior filtration characteristics. Thanks to its high throughput, the new membrane is a perfect fit for the portable and domestic water filtration market."
Mr. Kroell continued, "Furthermore, given its strong focus on water treatment products and established position in North America, Purafy also is an ideal partner for the launch of our membrane technologies into portable and domestic water treatment applications in this region and globally. We look forward to a successful partnership which brings substantial revenue potential to De.mem, within a large and high-growth commercial market."