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22 Apr 2013 07:00
Graphene NanoChem plc
("Graphene NanoChem" or the "Company")
Contract Volume Doubled
22 April 2013
Graphene NanoChem, the nanotechnology and advanced materials company, is pleased to announce that, Platinum NanoChem Sdn Bhd, its wholly-owned subsidiary, has entered into a new agreement with its tier 1 oil and gas customer for the increase in supply of its PlatClear second generation biofuel into the European market for 2014. Pursuant to the agreement, the tier 1 oil and gas customer has agreed to double the purchase of PlatClear in 2014.
Jespal Deol, Chief Executive Officer of Graphene NanoChem commented: "This contract with a tier 1 major oil and gas company is testament both to the economic and environmental advantages of Graphene NanoChem's waste-based speciality chemicals and to the new strength of the Company's balance sheet. We look forward to updating the market with further positive developments in the near term."
For further information:
Graphene NanoChem Jespal Deol, Chief Executive Officer | Tel: +603 2282 3080 |
Panmure Gordon (NOMAD and Broker) Callum Stewart/Hannah Woodley Tom Nicholson
|
Tel: +44(0) 20 7886 2500 Tel: +65 8614 7553 |
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