Graphex Group Ltd., headquartered in Hong Kong, has formed a U.S. subsidiary — Graphex Technologies — that is based in Royal Oak.
Graphex is one of the world’s largest manufacturers of spherical graphite, a key material for production of lithium-ion battery cells used to form layers of graphene in the anode of lithium-ion battery cells.
The company says it expects to establish a U.S. manufacturing plant in 2022, capable of producing 20,000 to 50,000 tons of coated natural graphite anode material annually, to capitalize on the global demand for EV and stored energy lithium-ion batteries, especially in the U.S. and European markets.
“While we continue to grow our graphene business in Asia, home to one of the fastest-growing EV industries, the need for technologies that support EV and renewable energy is increasing around the world,” says Chan Yick Yan Andross, CEO and director of Graphex Group. “This is an opportune time to expand our international reach.”
Andross says John DeMaio has been appointed to the positions of CEO of Graphex Technologies and president of Graphex Group’s Graphene Division. In his new role, DeMaio will lead development and launch of key North American and European strategic alliances to support the strong increase in demand for advanced technology in the EV and renewable energy industries. He also is expected to advance opportunities to establish supply chains in the U.S. and Europe to bring technology, employment opportunities, and dependable supply to these high-growth markets.
Previously, DeMaio has been president and CEO of JouleSmart Solutions; general manager of Siemens Smart Infrastructure; vice president of MWH Global; COO of Thompson Solar Technologies; and division manager of SPG Solar.
“It is an honor to join this progressive organization and lead this team of wildly intelligent professionals who understand exactly what business we’re in and are committed to being the best at what we do,” says DeMaio. “As an advanced technology company providing R&D and product innovations in EV battery tech and alternative energy production, storage, and delivery, Graphex is uniquely positioned for strong growth into markets outside of Asia. Our ability to deliver superior graphite and graphene-related products and technology today — while continuously innovating and expanding our offerings in advance.”
Andross says, “We are excited to bring John onto our team to provide guidance to the parent organization and to lead Graphex Technologies LLC as we establish international supply chains and explore global partnerships, strategic alliances, scientific collaboration, and the potential to vertically integrate complementary businesses.”