23 May 2019 09:37
23.05.2019
Applied Graphene Materials signs distribution agreement with CAME Srl
Agreement provides AGM with key Italian foothold
Applied Graphene Materials (AGM) is pleased to announce it has signed a distribution agreement with CAME Srl, Italy, a leading international chemical distribution business. The agreement extends AGM's commercial reach directly into the Italian coatings and chemicals sectors. CAME, based in Milan, also represents a wide range of international supply partners throughout Europe and the Middle East. Its customer base includes many organisations in the coatings, adhesives and lubricants markets, making it an ideal distribution partner for AGM in the Italian market within its key target sectors.
AGM and CAME have been engaged in early market development over the last 18 months and the agreement represents a major commitment from both companies to exploit AGM's exciting graphene technology.
Adrian Potts, AGM CEO commented:
"It is an absolute priority for AGM to maximise its global exploitation plans. We are pleased with growing industry recognition of the benefits of our Genable® graphene dispersion technologies. These are proving to be ideally suited to anti-corrosion and barrier performance in coatings and are generating increasing commercial traction in the sector. We are gaining significant momentum in Italy with a growing number of target accounts. Complementary to this is our strategy of establishing a highly credible and technically reactive distribution network to effectively broaden our sales footprint. CAME are ideal partners for AGM and having worked with them over recent months, we are confident they will provide an excellent route to market for AGM products."
Verena Cepparulo, CAME Managing Director:
"We have followed the development of AGM's Genable® dispersion technology and see its great potential, particularly in the area of anti-corrosion performance. AGM has demonstrated they now have a strong product base, supported by a highly experienced and skilled technical support team, and we are very excited by the opportunity to be part of their ambitious growth plans. We have already undertaken our own market research and see significant potential within the Italian market "
For further information please contact:
Applied Graphene Materials
+44 (0) 1642 438 214
Adrian Potts, Chief Executive Officer
David Blain, Chief Financial Officer
N+1 Singer
+44 (0) 207 496 3000
Richard Lindley / Justin McKeegan / Mia Gardner
Hudson Sandler
+44 (0) 207 796 4133
Charlie Jack / Emily Dillon
Notes to Editors
About Applied Graphene Materials
Applied Graphene Materials works in partnership with its customers using its knowledge and expertise to provide custom graphene dispersions and formats to deliver enhancements and benefits for a wide range of applications. The Group's strategy is to target commercial application in three core markets: coatings, composites and polymers and functional fluids.
The Group has developed proprietary bottom-up processes which are capable of producing high-volume graphene nanoplatelets using a continuous process. The manufacturing processes are based on sustainable, readily available raw materials and therefore do not rely on the supply of graphite, unlike a number of other graphene production techniques. Applied Graphene Materials owns the intellectual property and know-how behind these processes.
Applied Graphene Materials was founded in 2010 with its operations and processes based on technology that Professor Karl Coleman initially developed at Durham University. The Group was admitted to AIM in November 2013.
About CAME Srl
CAME Srl, is a long established distributor of chemical materials who represent numerous reputable international supply partners from offices and warehousing based in Milan. Fully ISO 9001:2015 certified, CAME not only services customers across Italy, but are active throughout the rest of Europe and the Middle East. The company's highly experienced supply and technical service teams support a customer base stretching across multiple industry sectors including coatings, construction, adhesives, lubricants, sintering and brake pads.