The facility is scheduled for stage one completion in late 2020. It is anticipated the purification plant will have the capability of achieving revenues exceeding US $200 million annually once the second stage is completed the following year. It appears that the plant will be used to produce, among other materials, graphene oxide and graphene nanoplatelets.
Urbix is planning to establish remote regional purification plants in carefully chosen strategic locations. This international initiative is designed to complement the company’s new 36,000 tonne plant now being established in Mesa/Phoenix, Arizona. The intention is to create these new plants with local operating partners, while maintaining the control plant and R&D center in Mesa.
Urbix Chairman Nico Cuevas is energized by these developments and the strong relationships the company is building internationally. “These strategic joint ventures will serve the higher demand of the Asian market and will make Urbix’s superior clean green purification technology available at an international level. The resulting facilities will be able to produce ‘graphenesque’ products such as Graphene Nano Platelets, Graphene Oxide and other forms of advanced graphite derivatives on a commercial scale.”