Graphene oxide milestone achieved by CHGI

|About: China Carbon Graphite Grou... (CHGI)|By:, SA News Editor

China Carbon Graphite (OTCPK:CHGI) has announced that a pilot scale production of graphene oxide was successfully undertaken in an integrated process with Hunan University.

"Market demands of graphene are expected to be between $195M-$1.3B with a compound growth rate of 47% in the next 5 years beginning from 2018. We plan to produce 10,000 metric tons of graphene oxide once we secure sufficient capital support," CEO Donghai Yu said in a statement.

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