Haydale Graphene Industries PLC Distributor Agreement to Supply CeramycShield
20 Juli 2020 - 8:00AM
RNS Non-Regulatory
TIDMHAYD
Haydale Graphene Industries PLC
20 July 2020
RNS REACH
For immediate release 20 July 2020
Haydale Graphene Industries plc
('Haydale' or the 'Group')
Exclusive Distributor Agreement to Supply CeramycShield(TM) into
the UK Water Industry
Haydale, (AIM: HAYD), the global advanced materials group, is
pleased to announce that it has signed an exclusive distributor
agreement (the "Agreement") between Haydale and US-based Zirconia
Inc. The agreement is for a period of 30 months and allows Haydale
full distribution rights of CeramycShield(TM), ceramic geopolymers,
into the UK water infrastructure marketplace, with a view to
address previously unsolvable water infrastructure problems in the
UK. The Agreement also provides for Haydale and Zirconia, to work
to develop jointly owned intellectual property for next generation
products applicable across multiple global infrastructure
markets.
Zirconia's patented Ceramic Surface Treatment technology is a
new, advanced material technology, in a new class of inorganic
ceramic polymers, that uses Haydale's silicon carbide microfibre as
a reinforcement. This technology has now been commercialised by
Zirconia in the US where the products are readily available.
These surface treatments cost effectively renew and restore
cracked, old, decaying concrete, ensuring a more durable,
structurally sound asset with better-than-new performance due to
the biologically impervious property of the treatment. This means
that microbial life, that are a wear factor in sub-grade water
infrastructure, are eliminated.
With authorisation from Zirconia, Haydale may also distribute to
additional territories and for products outside of the initial
contract scope. This distributor agreement is extendable.
Benjamin Cook, CEO at Zirconia, said: "It is good to have
partnerships whose technical knowledge and experience will allow us
to pursue a path of continuous improvement for our
nanoparticle-based ceramic surface treatments. As our green tech
solution is the only technology that bonds chemically to concrete,
solving key problems with subgrade water infrastructure, this
partnership means improved water infrastructure in the UK and
globally. We are working with Haydale to make water infrastructure
more sustainable, all at the nano-scale where innovation
resides."
Keith Broadbent, Haydale CEO, said: "This innovative product is
applied as a liquid and allows in-situ restoration of concrete,
thereby avoiding expensive tear-out and replacement. It is
anticipated that this technology will assist the UK water market,
by rejuvenating old concrete structures that could otherwise not be
repaired. We are currently working with a UK water utilities
company where the benefits are already noted. This technology has
the potential to be a very important technology for the UK water
industry to achieve the AMP-7 objectives over the next five
years."
- Ends -
For further information:
Haydale Graphene Industries plc
Keith Broadbent, CEO Tel: +44 (0) 1269 842 946
Gemma Smith, Global Head of Marketing
Arden Partners plc (Nominated Adviser
& Broker)
Ruari McGirr / Paul Shackleton / Tel: +44 (0) 20 7614 5900
Ben Cryer
Notes to Editors
Haydale is a global technologies and materials group that
facilitates the integration of graphene and other nanomaterials
into the next generation of commercial technologies and industrial
materials. With expertise in graphene, silicon carbide and other
nanomaterials, Haydale is able to deliver improvements in
electrical, thermal and mechanical properties, as well as toughness
through its state of the art functionalisation. Haydale has granted
patents for its technologies in Europe, USA, Australia, Japan and
China and operates from six sites in the UK, USA and the Far
East.
For more information please visit: www.haydale.com
Twitter: @haydalegraphene
About RNS Reach announcements
This is an RNS Reach announcement. RNS Reach is an investor
communication service aimed at assisting listed and unlisted
(including AIM quoted) companies to distribute non-regulatory news
releases into the public domain. Information required to be
notified under the AIM Rules for Companies, Market Abuse Regulation
or other regulation would be disseminated as an RNS regulatory
announcement and not on RNS Reach.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
NRALKLFFBDLZBBL
(END) Dow Jones Newswires
July 20, 2020 02:00 ET (06:00 GMT)
Haydale Graphene Industr... (LSE:HAYD)
Historical Stock Chart
Von Jun 2024 bis Jul 2024
Haydale Graphene Industr... (LSE:HAYD)
Historical Stock Chart
Von Jul 2023 bis Jul 2024