Eden Energy targets early 2012 cash flows from carbon product commercialisation

Eden Energy (ASX: EDE) continues to make progress in the development of nano-carbon products for commercial use, and has delivered a positive update to the market today.

Eden has already completed three initial carbon sales with a battery manufacturer, but the opportunities extend well past this market.

The significance of Eden's carbon products has seemingly limitless potential, with applications including making concrete stronger - which immediately equates to major cost reductions for concrete users, as potentially a reduced amount can be used to deliver the same outcome.

Gregory Solomon, executive chairman, told Proactive Investors today that the company is already in discussions with a global concrete group.

"By the end of 2011 we are hoping to have positive results in relation to concrete."

This provides the enticing possibility that Eden can achieve early cash flows in 2012 if the results from the testing align with the expectations of the global concrete group, and an agreement transpires.

Test work on concrete applications takes around a month, and is currently being carried out by the Hythane Company team in Colorado, as well as in India and Australia, under both industry and academic collaborations.

Providing another boost towards the potential future use of carbon produced by Eden is the unique scalability of production.

Solomon said that Eden had the ability to ramp up to almost any quantity the company requires, due to the technology being modular.


More carbon allocations boost future commercialisation opportunities

Eden has also received some positive results from the company's technology for conductive coatings for electronic equipment, which prevents anti-static discharge.

During the past two weeks, in response to a request from a plastics manufacturer, Eden has also shipped to the manufacturer a significant sized sample that is now being trialled in their conductive thermoplastic product lines.

If acceptable, it is hoped that this could lead to a potential multi-tonne/year customer of our carbon nano-materials.

Better still, Eden has also identified a number of other potential multi-tonne/year customers that make conductive epoxies, coatings, and inks, with samples already being dispatched to interested companies for trialling.

It appears that the conductive polymer industry is currently the largest commercial consumer of carbon nano-tubes.

Eden said that its products are also currently being tested in relation to their suitability for use in lithium ion batteries, and are expecting to see a significant increase in the longevity of the li-ion cell with the addition of the company's carbon nano-products.


Rubber applications

Adding another potential product string to the Eden bow is the latest tests on carbon-impregnated rubber. Results are forecast to be received form these tests in around a month.

Eden said that while the company cannot be certain of achieving positive results, previous testing by others has produced some good results.


Repeat business orders validate products

Importantly for the development of Eden, is repeat orders have been received - validating the company's product use by manufacturers.

Although these sales quantities have been modest, which does not yet deliver a significant commercial value, the sales at least confirm the technical quality and suitability of the carbon nano-products for a wide range of applications.

Originally published at: http://www.proactiveinvestors.com.au/companies/news/20132/eden-energy-targets-early-2012-cash-flows-from-carbon-product-commercialisation-20132.html