EXPANSION PLANS FOR SUSTAINABLE COATINGS COMPANY

May 11, 2023 | Maritime business news

Canadian producer of sustainable marine coatings Graphite Innovation and Technologies (GIT) is planning to move to a new 17,000ft2 carbon neutral facility in Dartmouth, having outgrown its current 4,000ft2 space.

The additional space will allow GIT to create new eco-friendly production technologies, as well as expand further into Europe, Middle Eastern and Asian markets. The Government of Canada, through the Atlantic Canada Opportunities Agency (ACOA), is contributing aloan of Can$950,000 to help GIT establish operations in the new facility. This investment will also allow GIT to enhance production of its eco-friendly products – supporting the decarbonisation goals of shipping and marine-focused organisations worldwide.

GIT offers a range of smart graphene-based marine coatings that are said to be easy to apply, deliver fuel efficiency, drive decarbonisation and help reduce underwater noise emissions. The line-up of XGIT branded biocide-free coatings can be applied and cleaned quickly to support operational efficiencies. GIT was co-founded in 2017 by CEO Mo AlGermozi and CTO Dr Marciel Gaier. It has 22 staff and plans to add another 15 by 2023. From the start of the company, the ‘Made in Canada’ message has been key to its success. The founders feel Halifax is an ideal city to manufacture and ship their product to distribution centres around the world.

Mo AlGermozi, CEO GIT said: “We are grateful for this investment and the federal government’s continuous efforts to making greener shipping possible. We are very aligned on the need to decarbonise the shipping and marine sector, specifically in and around Canadian waters. This investment will directly go into our state-of-the-art carbon neutral production facility. We need to keep up with demand that is in part being driven by environmental restrictions and regulations going into place worldwide. We are putting Canada on the map as an environmentally friendly coatings provider.”

Advertise with Clean Shipping International

Sign up for the Newsletter

Keep up to date with news and events in the industry.

We do not share your information with third parties and you can unsubscribe at any time.