Hazer to partner with Finnish company to test its graphite in water treatment

Hazer Group has announced it has signed a memorandum of understanding with Finnish company Kemira Oyj, a global chemicals company serving water intensive industries, to evaluate and explore opportunities for deployment of Hazer’s methane pyrolysis technology for graphite production.

Kemira operates in more than 40 countries and produces sustainable chemical solutions for water-intensive industries including water treatment, pulp and paper and industrial processing.

Hazer says that under the MOU Hazer and Kemira will collaborate to evaluate the technical and commercial feasibility of deploying Hazer’s technology or its products in Kemira’s operations. Kemira will conduct testing of Hazer low emissions carbon in water treatment, as well as assessment of the feasibility of integration of Hazer’s technology in industrial applications.

If the initial assessments are positive, the parties have agreed to enter into discussions about commercial collaboration, including technology licensing or product offtake.

The MOU has an initial term of one year. Each party bears its own costs associated with the agreement.

“We are delighted to partner with Kemira, a global leader in sustainable chemical solutions for water intensive industries,” Hazer’s CEO and MD Glenn Corrie said. “This collaboration further validates Hazer’s position as a leading provider of methane pyrolysis technology and highlights the growing interest in Hazer Graphite. We look forward to collaborating with Kemira to explore the potential for Hazer’s world leading technology in the Nordics.”

“We have identified Hazer’s technology to be very exciting and advanced, and we look forward to working with Hazer to investigate the integration of Hazer’s innovative technology across Kemira’s operations,” said Kemira’s EVP Research & Innovation Sampo Lahtinen.

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