13 Dec 2021 07:00
Reach - non-regulatory announcement
13 December 2021
AGM launches its own range of anti-corrosion primers
Industry leader demonstrates performance uplifts with graphene-enhanced paint
Applied Graphene Materials (LSE:AGM), the producer of specialty graphene nanoplatelet (GNP) dispersions, is pleased to announce the introduction of a range of industrial anti-corrosion primers based on its own well-established Genable technology.
As a multifunctional additive, graphene nanoplatelets have been shown to provide highly effective barrier and anti-corrosion properties in paints and coatings at extremely low loading levels. Following outstanding results through extensive inhouse research and testing, the Company has developed two new prototype paint systems using its graphene products.
The two epoxy-based primers represent an easy way for those considering the adoption of graphene to quickly test and evaluate its potential benefits within a starting point formulation.
The Genable Epoxy primer is a C3-rated hybrid product which combines graphene with a zinc phosphate additive to enable the end-user to benefit from the synergies offered by both systems in standard applications, such as urban and industrial environments. The Genable CX primer is a high-performance hybrid system, but this formulation is based on graphene and aluminium chemistries and also offers anti-corrosion protection for harsh environments, such as offshore and marine applications.
While many manufacturers continue to test graphene in their formulations, the use of these safe, easy-to apply epoxy-based primers is expected to also allow AGM's customers to accelerate graphene adoption. As a leading innovator in graphene dispersion and application technology, the Company is working closely with partners such as the UK Environment Agency (EA) so as to demonstrate the performance benefits of graphene-based paints and coatings on a wider scale with a view to EA adopting and utilising AGM products to protect its extensive portfolio of assets.
Adrian Potts, Chief Executive Officer or AGM said:
"We are pleased to be able to launch these two Genable primer products, which we anticipate will help further accelerate the adoption of graphene nanoplatelet technology with our coatings customers. Our technology development programmes have focused on extensive testing and evaluation for a range of applications and this experience is valuable in guiding customers in the use of our products. Having demonstrator primers is expected to further help customers realise the benefits of this technology in a practical way. We look forward to the products being a further useful means of enabling faster adoption of our products in the protective coatings space."
END
For further information, please contact:
Applied Graphene Materials +44 (0) 1642 438 214
Adrian Potts, Chief Executive Officer
David Blain, Chief Financial Officer
Singer Capital Markets +44 (0) 207 496 3000
Peter Steel / Amanda Gray
Allenby Capital Limited +44 (0) 203 328 5656
Nick Athanas / Liz Kirchner (Corporate Finance)
Matt Butlin / Kelly Gardiner (Sales and Corporate Broking)
Hudson Sandler +44 (0) 207 796 4133
Nick Lyon / Emily Dillon
Notes to Editors
Applied Graphene Materials - For the last decade, AGM has been at the forefront of harnessing the possibilities of graphene. Founded originally by Professor Karl Coleman, the Group has grown from an academic idea from Durham University to a world leader in the development and application of graphene nanoplatelet dispersions for customers in the coatings, composites and functional materials sectors.
The Group utilises its proprietary bottom-up manufacturing process to produce high purity graphene nanoplatelets. Its expertise in dispersion chemistry enables AGM to create optimised, stable and easy to handle dispersions that customers use in real-world industrial products. AGM's unique approach enables industries to fully realise the potential of graphene in a simple, safe and easy to formulate way.
AGM, based at the Wilton Centre on Teesside, was admitted to AIM in November 2013, raising £11 million. The Group successfully raised £8.5m in January 2016, £9.8m in November 2017 and a further £6m gross in January 2021. The Group's shares are also cross-traded on OTCQX in the United States. As a result of the funding support and its industry leading technology platform, AGM has been able to develop a significant sales distribution network covering Europe, North America and Asia. The Group continues to work closely with industrial partners, and has seen the successful launch of numerous commercial products enhanced by its Graphene Dispersions.
https://www.appliedgraphenematerials.com/
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