Graphene NanoChem gets EPA approval for advanced biofuels

In Malaysia, Graphene NanoChem announced that PlatClear, the Group’s waste-based second generation biofuel and the Group’s Senawang chemicals facility (“Senawang”) have both received approval from the US Environmental Protection Agency (“EPA”). This allows PlatClear to be sold into the US market which is forecast to be the world’s largest biofuels market by 2017.

PlatClear, which is used as an additive into road-grade diesel and has greenhouse gas emission savings of more than 83% received approval from the EPA after it was agreed that the product and Senawang complied with the Renewable Fuel Standards 2 (“RFS2”), the requirement in the US for the use of advanced biofuels. PlatClear is currently sold into the EU market and the Group supplies its PlatAmber second generation biofuel into the Malaysian market.