Pacific American Coal (ASX: PAK)
Graphene, that one atom thick layer of graphite with almost endless applications, seems to be changing the world one novel patent at a time.
So when a company has the opportunity to take a stake in a fast moving graphene specialist; set to be the first company in Australia to bring graphene out from the lab, and into industrial use, it’s a smart play to get on board.
Pacific American Coal (ASXAK) has already taken a 20% stake (set to increase to 40%) in Imagine IM, a company that is quickly emerging as a leader in developing commercial applications for graphene.
PAK has taken its stake in Imagine IM because the graphene product developer is manufacturing a proprietary graphene-based coating that makes leak detection in industrial textiles and fabrics easy and inexpensive.
Imagine IM has partnered with the leading geotextiles company in Australia, Geofabrics; to bring this product to market over the coming months.
This is forecast to be a A$20BN market by 2018, and this is just one vertical alone for Imagine IM.
Its Geelong production plant is set to be commissioned in a few weeks’ time, enable the first product from the agreement with Geofabrics to be on the market by August 2016.
This is not only an Aussie manufacturing first. It is a global game changer and is the first large scale manufacturing solution anywhere in the world that uses graphene.
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