In August 2022, Graphene Manufacturing Group (GMG) announced its plan to acquire THERMAL-XR’s IP and brand from OzKem. Now, GMG said it has completed this acquisition. GMG noted that OzKem developed the THERMAL-XR coating system products using GMG graphene together with OzKem’s base Heating Venting and Air Conditioning (HVAC) coating.
GMG added that it now owns the THERMAL-XR brand, will buy the base coatings product from OzKem, and will manufacture the THERMAL-XR products containing GMG graphene.
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