M&A / Property
Graphene to distribute Thermal-XR in Australia

GMG · Price
Executive Summary
- Graphene Manufacturing Group Ltd. (GMG) has entered into a commercial agreement with Beijer Ref to distribute its proprietary Thermal-XR Enhance heat transfer coating through Beijer Ref’s and Kirby’s network in Australia.
- The coating will be offered as an optional solution on Beijer Patton and Kirby Guardian refrigeration evaporator coils across approximately 73 wholesale locations in Australia, starting November 17, 2025.
- This partnership marks a significant commercialization milestone for GMG’s graphene-based technology, aiming to improve energy efficiency, corrosion resistance, and sustainability in the HVAC-R industry.
Key Details
- Parties Involved: Graphene Manufacturing Group Ltd. (GMG) and Beijer Ref (including Kirby brands).
- Product: Thermal-XR Enhance, a proprietary graphene-based heat transfer coating designed to improve thermal performance, longevity, corrosion resistance, and cooling efficiency of heat exchange surfaces.
- Distribution Scope: Available at approximately 73 wholesale locations in Australia, including Beijer Ref Australia, Kirby, SCM REF Australia, and ACD Trade.
- Launch Date: November 17, 2025.
- Application Process: GMG will utilize a network of trained and approved HVAC contractors certified through the "Graphene Manufacturing Spray Academy." These contractors will perform a three-stage process: surface cleaning/preparation, graphene-based coating application, and post-application inspection/maintenance verification.
- Service Locations: Coating services will be delivered on-site or at preapproved GMG spray coating plants in mainland Australian capital cities.
- Contractual Terms: Customers contract directly with Beijer Ref. Beijer Ref will enter into a bilateral agreement with GMG subject to GMG’s standard terms and conditions. The collaboration is for an indeterminate period, with either party able to terminate at any time, though GMG anticipates a long-term arrangement based on customer experience.
- Strategic Impact: The initiative extends GMG’s market reach globally through strategic channel partners, supporting its business objectives of building revenue from energy savings products and developing supply chain/partner capabilities.
Notable Quotes
- Craig Nicol, CEO: "We are proud to see Thermal-XR Enhance incorporated into Beijer Ref's and Kirby's product offerings in Australia as an option for their leading HVAC-R products. This partnership demonstrates the growing recognition of graphene-enhanced materials as a viable route to corrosion resistance and greater efficiency in conventional HVAC-R systems."
- Jack Perkowski, Chairman: "Congrats to the team -- great to see this next step in the rollout of GMG's global leading energy saving products."
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