Top
The Official Website of the State of West Virginia

CFoam forges ahead with disruptive technology to make carbon foam products from coal

7/14/2021

Inorganic carbon foam material manufacturer CFoam (ASX: CFO) has updated the market on the progress of its US government-funded project as it moves towards commissioning equipment in West Virginia. 

At the start of 2021, the US Department of Energy approved CFoam’s proposal for the “Continuous Processing of Carbon Foam Products Made from Coal at Atmospheric Pressure” for a total project value of US$2.42 million, including US$1.92 million in funding from the department. 

The 24-month project is focused on developing coal-derived carbon foam technology capable of capitalising on the construction panel and lightweight aggregate markets. 

Read more at smallcaps.com: