Kemira and Hazer Group Ltd (“Hazer”) have signed a non-binding Memorandum of Understanding (“MOU”) to evaluate and explore commercial opportunities for deployment of Hazer’s proprietary methane pyrolysis technology.

Under the MOU Hazer and Kemira will collaborate to evaluate the technical and commercial feasibility of deploying Hazer’s technology and/or its products in Kemira’s operations. Kemira will conduct testing of Hazer carbon in water treatment, as well as assessment of the feasibility of integration of Hazer’s technology in industrial applications. Furthermore, if the initial assessments are positive, the parties have agreed to enter into discussions about commercial collaboration, such as technology licensing and/or product offtake.

“We are delighted to partner with Kemira, a global leader in sustainable chemical solutions for water intensive industries. This collaboration further confirms Hazer’s position as a leading provider of methane pyrolysis technology, and the interest in Hazer Graphite. We look forward to collaborating with Kemira,” says Hazer’s CEO and MD Glenn Corrie.

“We have identified Hazer’s technology to be very exciting and advanced, and we look forward to working with Hazer to investigate the integration of Hazer’s innovative technology across Kemira’s operations,” says Kemira’s EVP Research & Innovation Sampo Lahtinen.