Premier Graphene Targets Graphene-Enhanced Asphalt as a Potential Market Larger than Cement
Premier Graphene (OTC: BIEI) has begun testing its partner company's graphene-enhanced asphalt, aiming to improve road durability and reduce maintenance costs. The company is targeting a potential market larger than cement, with annual US federal expenses for road maintenance exceeding $230 billion. Premier Graphene is integrating HGI's proprietary graphene formulation into asphalt mixtures to assess structural strength, thermal conductivity, and cost-effectiveness in extreme climates.
Initial tests have shown promising results, with the potential to significantly extend road life and quality while reducing CO2 emissions. The company plans to work with multinational road construction firms to build test sections in various climatic conditions. Premier Graphene is also undergoing a corporate reorganization, resulting in minimal convertible debentures and debt for the successor public company.
Premier Graphene (OTC: BIEI) ha iniziato a testare l'asfalto potenziato con grafene della sua azienda partner, mirando a migliorare la durabilità delle strade e ridurre i costi di manutenzione. L'azienda punta a un mercato potenziale più grande del cemento, con spese annuali federali negli Stati Uniti per la manutenzione stradale che superano i 230 miliardi di dollari. Premier Graphene sta integrando la formulazione proprietaria di grafene di HGI nelle miscele di asfalto per valutare la resistenza strutturale, la conducibilità termica e la convenienza economica in condizioni climatiche estreme.
I test iniziali hanno mostrato risultati promettenti, con il potenziale di estendere significativamente la vita e la qualità delle strade riducendo al contempo le emissioni di CO2. L'azienda prevede di collaborare con multinazionali della costruzione stradale per realizzare sezioni di prova in diverse condizioni climatiche. Premier Graphene sta anche affrontando una riorganizzazione aziendale, con il risultato di avere minimi debentures convertibili e debito per la società pubblica successore.
Premier Graphene (OTC: BIEI) ha comenzado a probar el asfalto mejorado con grafeno de su empresa asociada, con el objetivo de mejorar la durabilidad de las carreteras y reducir los costos de mantenimiento. La compañía se dirige a un mercado potencial más grande que el del cemento, con gastos federales anuales en EE. UU. para el mantenimiento de carreteras que superan los 230 mil millones de dólares. Premier Graphene está integrando la formulación propietaria de grafeno de HGI en mezclas de asfalto para evaluar la resistencia estructural, la conductividad térmica y la rentabilidad en climas extremos.
Las pruebas iniciales han mostrado resultados prometedores, con el potencial para extender significativamente la vida y la calidad de las carreteras mientras se reducen las emisiones de CO2. La empresa planea trabajar con empresas multinacionales de construcción de carreteras para construir secciones de prueba en diversas condiciones climáticas. Premier Graphene también está llevando a cabo una reorganización corporativa, lo que resulta en debentures convertibles y deudas mínimas para la empresa pública sucesora.
프리미어 그래핀(OTC: BIEI)은 파트너 회사의 그래핀 강화 아스팔트를 테스트하기 시작했으며, 이는 도로 내구성을 향상하고 유지 관리 비용을 줄이는 것을 목표로 합니다. 이 회사는 연간 2,300억 달러를 초과하는 도로 유지 관리에 대한 미국 연방 정부의 지출과 함께, 시멘트보다 큰 잠재 시장을 목표로 하고 있습니다. 프리미어 그래핀은 아스팔트 혼합물에 HGI의 독점 그래핀 조제를 통합하여 극한 기후에서의 구조적 강도, 열 전도성 및 비용 효율성을 평가하고 있습니다.
초기 테스트 결과가 유망한 것으로 나타났으며, 이는 도로 수명과 품질을 상당히 연장하고 CO2 배출을 줄일 수 있는 잠재력을 가지고 있습니다. 이 회사는 다양한 기후 조건에서 테스트 구역을 구축하기 위해 다국적 도로 건설 업체와 협력할 계획입니다. 프리미어 그래핀은 또한 최소한의 전환사채와 후속 공개 회사에 대한 부채를 결과로 하는 기업 재편성을 진행하고 있습니다.
Premier Graphene (OTC: BIEI) a commencé à tester l'
Les tests initiaux ont montré des résultats prometteurs, avec un potentiel d'extension significative de la durée de vie et de la qualité des routes tout en réduisant les émissions de CO2. La société prévoit de travailler avec des entreprises multinationales de construction routière pour construire des sections de test dans diverses conditions climatiques. Premier Graphene est également en cours de réorganisation, ce qui entraîne un minimum d'obligations convertibles et de dettes pour la société publique successeur.
Premier Graphene (OTC: BIEI) hat mit dem Testen von grafenverstärktem Asphalt seines Partnerunternehmens begonnen, mit dem Ziel, die Haltbarkeit von Straßen zu verbessern und die Wartungskosten zu senken. Das Unternehmen zielt auf einen potenziell größeren Markt als Zement, wobei die jährlichen Bundesausgaben in den USA für die Straßeninstandhaltung über 230 Milliarden US-Dollar hinausgehen. Premier Graphene integriert HGIs proprietäre Grafenformulierung in Asphaltmischungen, um die strukturelle Festigkeit, die Wärmeleitfähigkeit und die Kosten-Effektivität unter extremen Klimabedingungen zu bewerten.
Erste Tests haben vielversprechende Ergebnisse gezeigt, mit dem Potenzial, die Lebensdauer und Qualität von Straßen erheblich zu verlängern und gleichzeitig die CO2-Emissionen zu reduzieren. Das Unternehmen plant, mit multinationalen Straßenbauunternehmen zusammenzuarbeiten, um Testabschnitte unter verschiedenen klimatischen Bedingungen zu bauen. Premier Graphene durchläuft auch eine Unternehmensorganisation, die zu minimalen wandelbaren Anleihen und Schulden für das nachfolgende öffentliche Unternehmen geführt hat.
- Targeting a potential market larger than cement with graphene-enhanced asphalt
- Initial tests of graphene-enhanced asphalt yielding promising results
- Potential to save billions in road maintenance costs for municipalities
- Possible reduction in CO2 emissions through reduced asphalt usage
- Corporate reorganization resulting in minimal debt for the successor public company
- Testing phase still ongoing, no proven commercial product yet
- Dependent on successful partnerships with road construction companies for implementation
- Potential competition from other nanomaterial-enhanced asphalt solutions
Annual Federal Expenses in the US alone to Maintain Road Quality and Upgrade Poor Roads Exceeds
EL CENTRO, Calif., July 23, 2024 (GLOBE NEWSWIRE) -- Premier Graphene, Inc. (OTC: BIEI) announced today the commencement of testing for its partner company’s proprietary graphene-enhanced asphalt. These tests will evaluate the durability, thermal properties, cost-efficiency, and environmental impact of HGI Industrial Technologies and Premier’s proprietary graphene-enhanced asphalt compared to traditional asphalt formulations.
Approximately
To enhance the longevity and performance of asphalt, companies worldwide are urgently seeking economically viable modification technologies. Currently, asphalt is modified using materials such as rubber, plastics, and resins. However, these modifications come with their own set of challenges, including lengthy preparation protocols, stabilization during storage, and difficulties in mixing at both plants and job sites.
Recently, the world's largest materials companies have started incorporating nanoscale materials into asphalt to significantly enhance its performance and durability. Graphene, extensively studied across physics, chemistry, engineering, and materials science for its strength, durability, and conductivity, shows immense promise in various infrastructure applications like roads and bridges. Premier Graphene is integrating HGI’s proprietary graphene formulation into asphalt mixtures to assess structural strength, thermal conductivity, and cost-effectiveness in some of the world's hottest and coldest regions.
One crucial advantage of graphene is its lower aspect ratio compared to other carbon nanomaterials, plastics, and resins, facilitating easier use at job sites. Using graphene ensures consistent mixture ratios, unlike traditional additives such as rubbers, polymers, and other carbon materials.
Premier Graphene is currently conducting 3rd party testing on HGI’s proprietary graphene/asphalt mixtures to identify the optimal ratio for enhanced ease of use, mechanical strength, thermal stability, and overall durability of graphene-enhanced asphalt. By identifying this ideal ratio, which offers significantly improved properties over conventional asphalt blends, Premier Graphene aims to potentially save billions of dollars annually for federal, state, and local municipalities by drastically cutting down on road maintenance costs, all while significantly extending the life and quality of the resulting product.
Pedro Mendez, President of Premier Graphene stated: “Our early, initial tests have yielded outstanding results. Our team believes that HGI's unique graphene formulation, particularly given the results to date, is destined to dramatically affect the durability of asphalt by enhancing its resistance. By using less asphalt, our discovery may have dramatic results on reducing CO2 emissions.”
Mr. Mendez added: “There is no street in North America that doesn’t have either asphalt or concrete either on the roads or as part of a building structure. We are initially targeting what we believe are two of the largest potential markets for graphene dispersions. Additionally, these are two of the most efficacious uses, at least perhaps other than the military applications we are targeting.”
After Premier Graphene identifies the optimum mix ratio, the company will work with large multinational road construction companies to selectively build specific sections of road strategically located in extremely cold weather regions, high-temperature regions, high traffic and environmentally affected areas with the graphene-enhanced asphalt. Transportation of America estimates that the annual cost to keep the United States federally operated existing roadwork in acceptable repair quality and to upgrade roads that are graded as poor to good is
About Premier Graphene, Inc. (OTC: BIEI):
Premier Graphene partner HGI Industrial Technologies LLC has created a proprietary, scalable method to create high-quality, low-cost graphene out of industrial hemp. The Company plans on creating proprietary graphene colloids that can address billion-dollar markets such as the cement industry. The Company also enjoys the capacity to create proprietary best-in-class graphene-enhanced lubricants and epoxies. The Company’s initial rollout will focus on markets that will require small capital expenditures. For example, and in the case of the cement industry, the Company will sell its graphene suspensions to existing multi-national cement manufacturers.
Premier is engaged in a holding company reorganization so that the parent company, renamed from “Premier Biomedical Inc.”, has almost no convertible debentures (less than
Contact:
Pedro Mendez
p.mendez@premiergrapheneinc.com
info@premiergrapheneinc.com
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