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Share Price: 0.068

Bid: 0.065

Ask: 0.07

Change: 0.00 (0.00%)

Spread: 0.005 (7.692%)

Open: 0.068

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Versarien's new US hub aids North American partnership wins

Thu, 09th May 2019 10:39

(Sharecast News) - Versarien said on Thursday that its North American hub in Houston, Texas, is now fully operational and has allowed the company to accelerate relationships with a number of new partners.New deals entered into on the continent by the advanced materials engineering group include a partnership with a chemical packaging provider, with the two companies teaming up to explore whether Versarien's graphene could improve the packaging through weight reduction or by strengthening barriers.Meanwhile, three further collaboration agreements have been signed, including two which evaluate the potential for graphene to be used in the production of products used in the consumer goods market.Chief executive Neill Ricketts said: "We are very pleased to have our dedicated facility in Houston up and running. This has enabled us to more efficiently progress a number of new and existing relationships and accelerate our traction in the US. We now have relationships with over 25 companies in North America, encompassing sectors as diverse as automotive, aerospace, consumer goods, oil & gas, sports equipment and speciality plastics."As well as the completion of the US office and laboratory facility, the AIM-traded company will seek further North American exposure as it takes its place as a leading participant in the American Graphene Summit in Washington DC in May."We continue to receive a high number of enquires for the supply of our graphene and other 2D materials from leading US companies and others globally. Versarien is now truly operating on a global basis and I look forward to providing further updates on our activities with our multiple collaboration partners in due course," said Ricketts.Versarien's shares were up 0.89% at 113.00p at 1034 BST.

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30 Apr 2018 12:18

Versarien To Develop Graphene-Enhanced Plastics With Luxus

LONDON (Alliance News) - Graphene maker Versarien PLC said Monday it signed a deal to develop a polymer UK supply chain to produce graphene-enhanced plastics with Luxus Ltd.Versarien signed

28 Mar 2018 13:11

Versarien Strengthens 2D Materials Range With Formal Hexotene Launch

LONDON (Alliance News) - Versarien PLC said on Wednesday it has formally launched Hexotene, strengthening the company's range of commercially available 2D new material to

8 Feb 2017 09:14

Versarien launches new graphene brand Nanene

(ShareCast News) - AIM-listed advanced materials group Versarien has launched its new graphene brand, Nanene. Nanene is manufactured using Versarien's patent-protected, mechanised exfoliation process. Versarien has taken this process from the laboratory to scalable production by investments in labo

27 Oct 2016 13:12

Versarien's 2-DTech to explore how graphene can improve cancer, diabetes

(ShareCast News) - AIM-listed advanced materials company Versarien's subsidiary 2-DTech, which specialises in graphene production, is to participate in a £5.2m project to explore how graphene can improve major health problems, its first project in the biomedical area. The five-year project, which is

3 Oct 2016 09:22

Versarien buys AAC Cyrome to make world's first graphene plastic factory

(ShareCast News) - AIM-listed materials company Versarien bought AAC Cyroma, a specialist plastic manufacturer, for about £1.4m to make the first dedicated graphene plastic manufacturing factory in the world. Using Versarien's graphene manufacturing capabilities and AAC Cyroma's knowledge, plant and

25 Jul 2016 16:35

Versarien raises £1.1m for acquisition

(ShareCast News) - Versarien's shares fell on Monday after saying it has conditionally raised £1.1m in a share placement to help finance one of its proposed acquisitions. The AIM-listed components group placed 10,552,100 new ordinary shares of 1p each at an issue price of 10p per share. The funds w

25 Jul 2016 07:42

Versarien Raises GBP1.1 Million To Fund Acquisitions (ALLISS)

19 Jul 2016 15:26

Versarien hit by Oil&Gas malaise, cash levels fall

(ShareCast News) - Versarien's full-year profits took a hit from the on-going malaise in the Oil&Gas sector, although management sounded an optimistic note on the potential of its products, including graphene. The advanced engineering materials group recorded losses before tax of £1.8m, up from £0.9

19 Jul 2016 10:02

Versarien Optimistic On Outlook As It Reports Widened Annual Loss

23 Jun 2016 07:22

Versarien Signs Deal With CT Engineering For Aerospace Components

14 Jun 2016 07:58

Versarien Inks Deal With Absolute Engineering For Printing Products

11 May 2016 08:18

Versarien Teams Up With Bromley Technologies On Elite Sports Products

20 Apr 2016 15:39

Versarien, WMG team up on graphene batteries

(ShareCast News) - Versarien began paving the way to better battery technology on Wednesday, announcing a memorandum of understanding with Warwick Manufacturing Group to collaborate on the production of power storage devices, using graphene nano platelets. The AIM-traded company said working with th

20 Apr 2016 07:40

Versarien Signs Agreement To Work On Batteries, Supercapacitors

6 Apr 2016 07:48

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