Universal Matter to acquire AGMs main operating businesses
Universal Matter Inc. (UMI), a privately held Canadian Corporation, was formed in July 2019. UMI is a company focusing on advanced materials and seeking to create strong circular economies by upcycling a range of carbon-based materials, including waste streams, to manufacture and supply high quality and sustainable turbostratic graphene (TG).
The company operates its Innovation Centres in Mississauga (Ontario) and Houston (Texas); the company has recently acquired a 18,000 square foot building in Burlington (Ontario) for housing its Demonstration Plant. The Demonstration Plant is expected to be operational in the 3rd quarter of 2023 with a nameplate capacity of ~1t/day at full utilisation.