Applied Graphene Materials (LSE:AGM), the producer of specialty graphene nanoplatelet dispersions, is pleased to announce that it has signed an exclusive distribution agreement with Rayoung Chemtech Inc. (Headquarters, Taipei, Taiwan). The partnership will extend AGM’s commercial reach directly into the region’s liquid resins, coatings, composites and polymers sectors.
Founded in 2008, Rayoung Chemtech Inc. has always been committed to delivering high performance specialty chemicals and shares AGM’s vision for helping customers improve material performance and strengthen product competitiveness. The distribution agreement will see the two companies collaborate on customer opportunities and introduce AGM’s proprietary Genable graphene dispersion technology into the Taiwanese coatings and composites market.
In addition to its own commercial hubs in the U.K. and the United States, AGM now has distribution agreements with local expert chemicals and coatings distributors in a growing number of export markets. As a result, AGM has achieved excellent regional coverage providing detailed customer understanding and appreciation of graphene’s potential.
Adrian Potts, AGM CEO commented:
“I am really pleased to welcome Rayoung Chemtech Inc. to the commercial team, in line with our strategy to continue expanding our distributor footprint. We believe that the key to graphene’s continued commercialisation is to combine innovative materials technology with a local customer approach that presents the practical advantages of use and the true potential of graphene dispersions in their applications. We look forward to working with the highly motivated team at Rayoung Chemtech Inc. to take advantage of the many opportunities in the Taiwanese market.”
Ray Chung from Rayoung Chemtech Inc. commented:
“AGM is a world-leading graphene material innovator and dispersions manufacturer and through their advanced technology, we see the vision, potential and great possibilities for supporting the development of a wide spread of industries. We are very happy to become AGM’s partner and jointly introduce new materials that can be practically applied to the Taiwan market. I believe that we can bring higher value to the industry chain and create a better future together, just as Rayoung Chemtech believes in “Better Chemistry, Better Life!”
Applied Graphene Materials (LSE:AGM), the producer of specialty graphene nanoplatelet dispersions, is pleased to announce that England’s Environment Agency (EA) has successfully completed its first application of AGM’s harsh environment anti-corrosion product to one of its flood defence assets on the North East coast of England. The coastal flood defence gates were coated with AGM’s new graphene enhanced Genable CX-based anti-corrosion primer.
AGM’s coating system that was used in this project is a further iteration of AGM’s product offerings for barrier performance and anti-corrosion application. It represents the culmination of 18 months of in-depth testing and evaluation of anti-corrosion performance for both salt-spray and immersion in harsh test regimes.
This first customer application on a coastal facility represents a major milestone in customer exploitation of AGM’s graphene-enhanced coatings systems for corrosion protection in harsh coastal environments. The coating of the EA’s asset is the first of several planned applications of the system.
Adrian Potts, Chief Executive Officer of AGM said:
“After many years of product development and rigorous testing of example graphene formulations for a range of increasingly harsh corrosion environments, it is extremely gratifying to see the successful application of these coatings in harsh coastal and sea spray conditions. I am excited by the opportunity to engage with England’s Environment Agency and look forward to wider use of our products on further EA assets, as well as deeper engagement with them as an innovative solution provider.
Being based in the North East and seeing our products used locally is also testament to local innovation and the excellent platform of graphene R&D which AGM has developed in the region.”
John Abraham of England’s Environment Agency said:
“The EA has set itself an ambitious target of being a Carbon Net Zero Organisation by 2030. We must innovate and engage with companies that are developing the materials and technologies of tomorrow, if we are to meet this ambition. One area the EA is looking at, is how to lengthen the maintenance intervals on our Flood Risk Management (FRM) Assets, which will reduce our carbon footprint in maintenance activities.
We have welcomed the opportunity, to engage with AGM, who have supplied us with their new advanced graphene primer, that was used in December 2021 on one of our FRM Assets. The asset, comprising of two flood barrier gates, two sluice gates, and various auxiliary components, all within the harsh coastal environment where we have to carry out frequent maintenance, due to its location. We have uniquely used this on half the FRM asset, with the other half in the standard offering we use, giving us a direct comparison which will give real world results in a relatively short period of time, due to its location.
We look forward to working with AGM, for further trials in 2022 of this interesting and innovative product, within a range of real world environments.”