GMG signs distributor agreements in four Asian countries

Graphene Manufacturing Group Ltd. has signed distribution agreements with four separate distributors to buy GMG’s THERMAL-XR(R) and resell in their respective countries in the Heating, Ventilation, Air Conditioning and Refrigeration (HVAC-R) markets. The Distributors are focused on the following geographical markets: Thailand, Singapore, Indonesia and South Korea.

GMG’s Managing Director and CEO, Craig Nicol, commented: “We are excited to be signing up our initial distributors in Asia to build revenue in Energy Savings – one of our key objectives for 2023. We look forward to continuing to work with the Distributors – each a valuable partner for the sale of THERMAL-XR(R) going forward.”

Guy Outen, GMG’s Chair, commented: “I am very pleased to see these first distributor agreements in Asia – they display confidence in the potential benefit of TXR to existing and new customers of our new distributor partners. I commend the GMG team led by Mark Lock the General Manager of Energy Savings and Senior Business Development Manager Arthur Yen for their leadership.”

GMG’s four critical business objectives are:
1. Produce Graphene and improve/scale production process;
2. Build Revenue from Energy Savings Products;
3. Develop Next-Generation Battery;
4. Develop Supply Chain, Partners & Project Execution Capability.