As per the deal worth about $45m, the contract for the supply of PlatClear, Graphene’s biofuel has been extended from February 2015 to December 2015.
The renewed contract represents about 40% of the annual production output of the Senawang facility located in Kuala Lumpur, Malaysia.
Graphene CEO Jespal Deol said, "The deal validates the economic and environmental advantages of the Group’s waste-based products in the international market as we continue to support and grow with our customers."
"We look forward to updating the market with further developments in due course," Deol added.
