Northwire Canada EditionFriday, July 17, 2026
Northwire
LUN 33.59 −2.5% NTR 94.27 −1.8% LALI 0.055 −8.3% SCD 0.170 +0.0% HWY 0.370 +0.0% FCI 0.385 +1.3% GGAU 0.180 −5.3% KIRO 0.650 +1.6% LBNK 0.430 +0.0% BARU 0.040 +0.0% VCU 1.09 −4.4% NOBL 0.095 −5.0% SHL 0.355 +0.0% MTS 0.130 +0.0% FYL 0.090 +0.0% NUAG 5.55 +1.8% LUN 33.59 −2.5% NTR 94.27 −1.8% LALI 0.055 −8.3% SCD 0.170 +0.0% HWY 0.370 +0.0% FCI 0.385 +1.3% GGAU 0.180 −5.3% KIRO 0.650 +1.6% LBNK 0.430 +0.0% BARU 0.040 +0.0% VCU 1.09 −4.4% NOBL 0.095 −5.0% SHL 0.355 +0.0% MTS 0.130 +0.0% FYL 0.090 +0.0% NUAG 5.55 +1.8%
Regulatory

USA EPA Approval Conditions Accepted for Graphene Coating THERMAL-XR(R)

GMG · Price

Executive Summary

  • GMG received EPA consent‑notice approval conditions for its THERMAL‑XR® ENHANCE graphene coating, clearing a key regulatory hurdle for U.S. market entry.
  • The first shipment will be sent to distributor Nu‑Calgon pending receipt of the fully signed EPA notice early in 2026.
  • Management highlights this as a major milestone toward accessing the > US$28 billion HVAC coating market in North America.

Key Details

  • Regulatory Milestone: EPA Pre‑Manufacture Notice (PMN) consent‑notice approval conditions accepted for THERMAL‑XR® ENHANCE.
  • Product Positioning: Energy‑saving, corrosion‑resistant graphene coating for heat‑exchange surfaces in HVAC applications.
  • First U.S. Shipment: Planned to Nu‑Calgon for resale as “Nu‑Calgon CoolWorx® powered by GMG Graphene” once EPA consent is fully signed (expected early 2026).
  • Market Opportunity: Largest HVAC coating market globally; total addressable market estimated > US$28.4 billion.
  • Historical Timeline Highlights:
  • Sep 2022 – Acquisition of THERMAL‑XR® IP and brand rights.
  • Feb 2023 – Australian Industrial Chemicals Introduction Scheme (AICIS) approval.
  • Jul 2023 – Nu‑Calgon appointed North American distributor.
  • Dec 2024 – Reached commercialisation milestone on energy‑savings coating.
  • Management Comments:
  • CEO Craig Nicol: “Significant milestone… to sell into the largest HVAC coating market in the world.”
  • Chairman Jack Perkowski: “Great step for GMG; Nu‑Calgon is a strong distribution partner.”

Notable Quotes

“This is a very significant milestone for the GMG business – to now get approval conditions to sell into the largest HVAC coating market in the world – the United States of America – through our distributor and partner Nu‑Calgon.” – Craig Nicol, Managing Director & CEO

“It is really great for GMG to reach this milestone… the United States is such a big market for air conditioning coatings and Nu‑Calgon is a great distribution partner.” – Jack Perkowski, Chairman & Non‑Executive Director

Read the original news release →

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