Sparc Technologies Unveils Groundbreaking Findings on CO2 Emission Reduction

Sep 12, 2023

In a groundbreaking revelation, Sparc Technologies Limited (ASX: SPN) has released further details of an independent lifecycle assessment (LCA) conducted by Lifecycles, demonstrating the immense potential of their ecosparc®-enhanced high-performance coatings to reduce CO2 emissions in the maintenance of steel assets.

Substantial CO2 Reduction

This groundbreaking study, based on years of ISO corrosion testing data, indicates that ecosparc® coatings can substantially cut down CO2 emissions by 18 - 21% compared to traditional non-graphene-enhanced epoxy protective coatings.

Cost-Efficiency and Environmental Benefits

The LCA results not only highlight the environmental benefits but also underscore the cost-effectiveness of ecosparc® coatings. Steel asset owners stand to gain not only from reduced carbon emissions but also from a lower cost of ownership.

Aligned with Sustainability Goals

This aligns perfectly with Sparc Technologies' mission of delivering shared value through innovative product offerings. Users of ecosparc® coatings can simultaneously reduce their environmental footprint and save on expenses.

Rigorous Evaluation Process

The LCA was meticulously executed in accordance with international standards, employing Carbon Footprint (CFP) methodology, and the analysis encompassed every phase of the product lifecycle.

Comprehensive Environmental Impact Analysis

This rigorous assessment ensures that the environmental impact of ecosparc® coatings is thoroughly evaluated, aiming to minimize greenhouse gas emissions throughout the product's life cycle.

Moreover, it's important to emphasize that the analysis incorporated all relevant factors, including graphene production, transportation, coating manufacture, packaging, application, and waste disposal, providing a comprehensive view of the environmental implications.

Addressing Complexity in Graphene Production

However, it's essential to acknowledge the complexity of the production process for graphene, with different suppliers employing diverse methods and feedstock materials, impacting the carbon footprint associated with its production.

Balancing Environmental Benefits and Production Emissions

To address this, a mid-range estimate of 262 kg CO2e per kg was used, encompassing production and transport.

Overcoming Limitations

Despite certain limitations inherent to carbon footprint assessments, the findings are significant.

Enhanced Corrosion Resistance

The data collected in the report reveals a remarkable 26% increase in corrosion resistance with the use of ecosparc® coatings, which could potentially extend the lifespan of infrastructure assets and reduce maintenance requirements.

Conclusion: Shaping a Sustainable Future

This development underscores the pivotal role of innovation and environmental consciousness in shaping industries and fostering sustainable progress. Sparc Technologies is leading the way in creating a more environmentally responsible future.

 

 

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