Haydale Graphene Industries PLC iCraft Order and Global Exclusivity Contract
09 September 2020 - 8:01AM
RNS Non-Regulatory
TIDMHAYD
Haydale Graphene Industries PLC
09 September 2020
RNS REACH
For immediate release 9 September 2020
Haydale Graphene Industries plc
('Haydale' or the 'Group')
iCraft Place Order for Haydale Graphene Nano-Platelets and Sign
Global Exclusivity Contract
Haydale, (AIM: HAYD), the global advanced materials group, is
pleased to announce that, further to the announcement on 4(th)
March 2020 regarding its graphene nano-platelets having been
incorporated into iCraft's cosmetic face mask sheet; a contract is
now in place for 1 metric tonne of graphene nano-platelets
(GNP-02-STD) in the first year, 2 metric tonnes in the second year,
and three metric tonnes in the third year. This is an exclusive
agreement for the mask application within the APAC region,
excluding Thailand.
Haydale has now signed a worldwide exclusivity contract to
supply functionalised graphene nano-platelets for use in these
sheet masks are face-shaped sheet fabrics which utilise the thermal
and electrical conductivity of graphene to help the skin absorb its
contents through bioelectric currents.
iCraft, based in South Korea, is a global technology company
with interests in security and network solutions as well as the
health and beauty sector. Following intense research and rigorous
testing, iCraft is pleased to report zero harmful substances for
graphene-based products, and has applied for three related
patents.
Derek Yoon, iCraft, General Manager, said: "We value our
relationship with Haydale. Through a steady relationship for more
than a year, Graphene products have been successfully launched in
the Korean market. Currently, our Graphene cosmetic face mask is
being supplied to a famous domestic cosmetic company. Our Graphene
sheet mask is also known as Korean cosmetics are popular abroad,
especially in Asia cosmetic market. As sales volume is expected to
increase steadily in the future, the partnership with Haydale will
be more important. We look forward to Haydale and iCRAFT growing
together."
Keith Broadbent, Haydale CEO, said: "We are pleased to see the
contract with iCraft develop, with further materials being used in
the health and beauty sector. Through this exclusivity contract, we
expect to see these cosmetic face mask sheets commercialise
globally."
- Ends -
For further information:
Haydale Graphene Industries plc
Keith Broadbent, CEO Tel: +44 (0) 1269 842 946
Gemma Smith, Global Head of Marketing www.haydale.com
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. 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
iCraft is a KOSDAQ listed company whose primary business
designs, develops, and provides internet network integration
products. iCRAFT also develops innovative products in wider sectors
such as health and beauty.
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 Reach, the non-regulatory press
release distribution service of RNS, part of the London Stock
Exchange. 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.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Private
Policy.
END
NRAFFFIVALITIII
(END) Dow Jones Newswires
September 09, 2020 02:01 ET (06:01 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