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Sparc Technologies Limited (ASX:SPN)

ALERT: Price-sensitive ASX Announcement for SPN
Current share price for SPN : $0.255 -0.09 (-26.09%)+
Announcement
Release
30 Apr 2026 11:56AM
Price at Release
$0.345
Full Release
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Summary
Sparc Technologies Limited announced a collaboration with AkzoNobel to commercialize ecosparc®, a graphene-based additive, in the Interzone® 954 protective coating. This product, known for its corrosion protection, will be available in Australia starting May 2026. The collaboration marks a significant achievement for Sparc, enhancing their position in the graphene industry and offering a growth platform for revenue. AkzoNobel's involvement validates Sparc's development efforts over six years, with ecosparc® providing substantial performance improvements for steel infrastructure. The initiative targets the US$33 billion protective and marine coatings market, emphasizing the growing interest in graphene-enhanced materials.
Key Points
  • AkzoNobel to offer ecosparc® enhanced Interzone® 954 in Australia starting May 2026.
  • Ecosparc® is a graphene-based additive developed by Sparc Technologies.
  • The product has been tested over 21 months in laboratories and field trials.
  • Interzone® 954 has a successful track record of over 25 years in corrosion protection.
  • Collaboration provides a significant platform for Sparc's revenue growth.
  • Sparc has invested over six years in developing ecosparc®.
  • The product targets a US$1.0bn market within the broader anticorrosive protective coatings industry annually.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.