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About CFOAM LTD

CFOAM has evolved into a highly desirable alternative to conventional materials in markets such as thermal insulation, fire proofing and composite tooling, due to its excellent mechanical and thermal properties.

Company information

CFOAM LTD was formed in March 2016 as the holding company for the wholly owned US subsidiary Carbon Innovations, LLC to acquire assets, Intellectual Property and 27 various patents from Touchstone Research Laboratories via an Asset Purchase Agreement. After a very successful Initial Public Offering that raised over $9M Australian dollars, the company was admitted to quotation on the ASX on 26 October 2016, under the ticker symbol CFO.


Our History and Relationships

Touchstone Research Laboratories developed the CFOAM products technology in the early 1990’s as part of an SBIR project for fire walls on US Navy Destroyers. CFOAM has evolved into a highly desirable alternative to conventional materials in markets such as thermal insulation, fire proofing and composite tooling, due to its excellent mechanical and thermal properties.

In March 2017, Carbon Innovations also executed a commercial patent license agreement with UT_Battelle, LLC related to the production of pitch-based, graphite carbon foam products whereby Carbon Innovations will manufacture and sell these products under the PFOAM product line. This license agreement provides access to 10 patents and related IP for the production end use applications of PFOAM.

In October 2017, Carbon Innovations, LLC changed its name to CFOAM LLC, in order to better reflect its corporate identity and alignment with the promotion and development of the CFOAM product technology and other carbon-based foam product technologies. CFOAM LLC remains a wholly-owned subsidiary of CFOAM LTD

CFOAM LTD is headquartered in Perth, WA in Australia, while the company’s manufacturing operations and CFOAM LLC’s headquarters are located in Triadelphia, WV.


Corporate Governance

Chairman – Gary Steinepreis

Mr Steinepreis is a Chartered Accountant with significant corporate deal experience over the last 20 years. Mr. Steinepreis is the managing director of Ascent Capital, providing accounting, corporate, and management advice to numerous listed and no-public companies in the resources, technology and manufacturing industries.

Executive Director – Alain Bouruet-Aubertot

President and CEO CFOAM LLC

Mr. Bouruet-Aubertot is a US-based finance and materials executive, he was previously CEO and Managing Director of Minteq International, Inc, a leading global wholly-owned ceramic materials subsidiary company of NYSE-listed Minerals Technologies Inc. (NYSE: MTX) He grew Minteq International, Inc to annual revenues of US$400m. He also held senior executive roles at other basic materials companies, such as Lafarge North America and Rhone Poulenc SA. Over the last several years, he has worked with private equity and venture capital investors in deal flow activities and executive roles at portfolio companies. Mr. Bouruet-Aubertot holds a Master of Science in petroleum economics from the French Petroleum Institute (ENSPM) and a Master of Science in Chemical Engineering from the National Chemical Engineering Institute in Paris (ENSCP).

Non-Executive Director – Toby Chandler

Mr Chandler is the Chief Executive Officer of ASX-listed Structural Monitoring Systems LTD. Mr. Chandler has 20+ years in senior executive roles in Australia, US and Europe – with extensive investment management, portfolio theory and trading expertise. Mr. Chandler previously held senior executive banking roles with Morgan Stanley HSBC and Citigroup.

Non-Executive Director – Todd Hoare

Mr Hoare has extensive capital markets experience – including fund raising, valuation and trading across the globe. Mr. Hoard was previously a Director at Bank of America, Merrill Lynch in their Global Equities Division as well as Portfolio Manager for Mulberry Capital.


CFOAM® is a registered trademark of CFOAM LLC
CFOAM® products may be covered under the following patents with more patents pending:
6,656,238 – 6,656,239 – 6,689,470 – 6,749,652 – 6,814,765 – 6,833,011 – 6,833,012 –
6,849,098 – 6,860,910 – 6,861,151 – 6,869,455 – 6,899,970 – 7,192,537 – 7,247,368