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An announcement from Sparc Technologies Ltd ( (AU:SPN) ) is now available.
Sparc Technologies Limited has announced significant improvements in anticorrosion performance for water-based coatings using graphene-enhanced additives. The recent tests showed up to 60% reduction in corrosion compared to commercially available products, highlighting Sparc’s leading position in the market for sustainable coatings. This advancement not only strengthens Sparc’s market presence but also expands its reach into the growing water-based coatings sector, offering potential growth opportunities and broader customer engagement as the company approaches commercialization.
More about Sparc Technologies Ltd
Sparc Technologies Limited is a company operating in the advanced materials industry, focusing on the development of graphene-based additives for protective coatings. The company is known for its flagship product ecosparc®, which targets solvent-based coatings and is currently undergoing field testing.
Average Trading Volume: 140,305
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$17.55M
For a thorough assessment of SPN stock, go to TipRanks’ Stock Analysis page.