GMG's THERMAL-XR(R) to be Applied Exclusively & Distributed to Global Oil and Gas/LNG Industry with Curran International

On May 19, 2026, Graphene Manufacturing Group Ltd. (GMG) announced a global distribution agreement with Curran International for its THERMAL‑XR® graphene coating, granting Curran exclusive application services for the oil and gas/LNG industry. Curran is a 45‑year veteran in heat‑transfer technologies, with 250,000+ completed projects and teams in Houston, Edmonton, Jubail, Rotterdam, Gujarat and Singapore. Its client network includes Exxon Mobil, BP, Shell, Chevron, Saudi Aramco, and many other energy giants. The partnership is expected to deliver THERMAL‑XR®’s conductivity enhancement and corrosion protection to refineries, LNG plants, and related infrastructure, creating a new revenue channel for GMG beyond its core HVAC‑R focus.

This is a material positive development. While GMG has steadily built commercial momentum in HVAC‑R through partnerships with Nu‑Calgon, Beijer Ref/Kirby, and others, the Curran deal marks entry into a completely new, high‑value industrial vertical. Oil and gas/LNG is a demanding sector with large heat‑exchange assets and severe corrosion challenges, making THERMAL‑XR®’s dual benefits a strong fit. Curran’s existing relationships with supermajors provide immediate credibility and a shortcut to global end‑users—a leap from the company’s step‑by‑step rollout in residential/commercial air conditioning. The Chairman explicitly calls it “a meaningful step in building the substantial recurring revenue base that will drive long‑term value.” No competing coating with this level of established oil‑field entrée has been disclosed, so the news genuinely expands GMG’s addressable market and signals the product’s versatility. It does not, however, constitute a game‑changer; there is no takeover, massive capital infusion, or first‑time strategic investor landing.

GMG is a Brisbane‑based graphene manufacturer commercializing three product lines: THERMAL‑XR® (energy‑saving, corrosion‑resistant coating for heat‑exchange surfaces), G® LUBRICANT (graphene engine‑oil additive delivering up to 8.4‑13.8% fuel savings), and a next‑generation Graphene Aluminium‑Ion Battery with ultra‑fast charging (6‑minute target). The flagship revenue‑generating project is THERMAL‑XR®, now cleared for sale in Australia, the EU (REACH), and the USA (EPA). Production is being scaled up through the Gen 2.0 plant in Richlands, Brisbane, expected online mid‑2026 at 10 tonnes‑per‑annum graphene capacity. The company also plans to replicate production plants in North America and Australia for graphene, coatings, lubricants, battery materials, and battery assembly.