BGS Announces a Strategic Partnership with Brook Restoration Ltd.

Bio Graphene Solutions

August 15th, 2023 – TheNewswire - Toronto, Ontario - Bio Graphene Solutions (“BGS” or the “Company”), announced today that it has formed a strategic partnership with Brook Restoration Ltd. (“Brook”), one of the largest structural restoration companies in Canada.

The strategic partnership will enable Brook to leverage BGS’s graphene-enhanced liquid admixture for concrete products in building and public infrastructure projects in Ontario. Brook has also made a strategic investment in BGS’s current financing - further solidifying Brook’s commitment to innovation and sustainability within the construction space.

In January 2023, BGS announced the development of a graphene-enhanced admixture for commercial concrete mix designs. Developed primarily to tackle the removal of cement (the binding material in a concrete mix that also contributes to more than 8% of the global CO2 emissions), the Company’s graphene-enhanced admixture can remove at least 15% of the cement content in concrete without sacrificing the compression strength performance of the overall concrete product. BGS believes its product is the only admixture solution in the market that can facilitate the removal of cement and still provide significant cost and CO2 savings to its potential customers in non-specialized commercial concrete mix designs (35MPa to 50MPa mixtures).

Geoff Grist, Chairman and Founder of Brook, commented “We are proud to support BGS who’s innovative and creative solutions are at the heart of how we drive value in the restoration space. Reducing embodied carbon in concrete structures needs to be addressed more aggressively. Utilizing BGS’s graphene to remove cement content will have this direct impact and provide meaningful sustainability change. We look forward to the success of this strategic partnership and working with our concrete vendors in supporting commercial adoption of BGS’s graphene products overtime.”

Liam Farrell, Chief Operating Officer of BGS, commented “It’s great to see Brook, a thought-leader within the restoration space, champion our graphene admixtures. Due to our extensive testing dataset and our ability to leverage in-house concrete expertise, we continue to attract large organizations within different parts of the concrete supply chain that are interested in learning more about the performance, cost, and environmental benefits of our graphene-enabled solutions. We are excited to engage in this strategic partnership with Brook and how our graphene admixtures can drive value in their commercial projects moving forward.”

Brook Restoration recently published an article entitled “Driving Meaningful Sustainability Change in Concrete Products” that helps provide an understanding to the environmental issues associated with concrete and how nanotechnology can be used as a near-term solution. The article can be found on the company’s LinkedIn page (https://www.linkedin.com/company/brook-restoration-ltd/posts/?feedView=all)

For more information regarding this press release, please contact:

David Fisher

CEO, Co-Founder

davidf@biographenesolutions.com

OR

Liam Farrell

COO

liamf@biographenesolutions.com

FORWARD LOOKING STATEMENT

This press release contains forward-looking statements. Any statements contained herein that are not historical facts may be deemed to be forward looking statements. There are a number of important factors that could cause actual results to differ materially from those indicated by such forward-looking statements. Such factors include - but may not be limited to - adverse changes in general economic conditions, adverse changes in the specific markets for the Company's products, adverse business conditions, increased competition, lack of acceptance of new products, lack of success in technology advancements and the ability of the Company to continue to attract skilled technology staff.

 

Copyright (c) 2023 TheNewswire - All rights reserved.

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.