Dubai firm Quazar eyes $1bln ‘green’ building materials plant

  • Date: 30-Apr-2023
  • Source: Zawya
  • Sector:Industrial
  • Country:UAE
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Dubai firm Quazar eyes $1bln ‘green’ building materials plant

Dubai-based Quazar Investment said it has joined hands with a UK-based start-up Graphene Innovations Manchester (GIM) to jointly develop and mass manufacture eco-friendly building materials which are designed to slash carbon dioxide (CO2) emissions.

The start-up is based in the Graphene Engineering Innovation Centre (GEIC() at Masdar Building within The University of Manchester.

This collaboration will make a substantial impact on global CO2 emissions and help reduce other forms of global pollution. The comprehensive agreement involves a mix of exclusive and collaborative arrangements.

This new company will invest over $1 billion to develop and mass manufacture a range of graphene-based products. These include:

*GIM Concrete - A breakthrough construction material that dramatically reduces CO2 by eliminating cement. GIM Concrete also uses no water, it cures quickly and can be made using recycled materials. GIM Concrete will eventually become carbon negative.

*GIM Hydrogen (Type IV & V) - A graphene-enhanced storage tank and pipe made using advanced proprietary AI-based robots with substantially improved H2 barrier properties and leak prevention.

*GIM Smart Clothing - A protective clothing with PPE technologies that actively cool workwear and improve comfort for people in extremely hot environments.

Graphene was first isolated in 2004 by two scientists at The University of Manchester and they