Graphene Nanochem Regulatory News (GRPH)

Graphene NanoChem plc

("Graphene NanoChem" or the "Group")

Appointment of Chief Chemicals Officer and Acquisition of Nanomaterials Technology

Graphene NanoChem (AIM: GRPH), the performance nanochemicals and advanced materials company, is pleased to announce the appointment of Dr. Yinan Jin as Chief Chemicals Officer. Dr. Yinan Jin will be heading the nanomaterials production unit and will be responsible for developing product application opportunities in chemicals and catalysis.

Graphene NanoChem is also pleased to announce the acquisition of a carbon nanotube technology and new catalyst formulations, as well as the acquisition of technology relating to the production of chemicals additives with applications in the oilfield chemicals market, all developed by Dr. Yinan Jin.

Dr. Yinan Jin is a chemical synthesis expert experienced in the commercial production of nanomaterials and developing industrial chemical compounds and solutions. He was the project leader of the pioneering team that built and operated the first ground-breaking nanomaterials facility in Burnaby, Canada, on which Graphene NanoChem's original technology was based.

His appointment is the latest in a series of steps taken by Graphene NanoChem to scale up operations at the nanomaterials facility and to further the development of applications. Through the acquisition and technology transfer arrangement, Graphene NanoChem and Dr. Yinan Jin will combine their innovative technologies and expertise to develop market leading solutions in nanofluid applications for oilfield chemicals, lubricants and catalysis.

Graphene NanoChem is focused on expanding its graphene-enhanced chemicals portfolio. Tests have indicated that incorporating nanomaterials in chemicals fluids for these applications delivers a range of performance enhancements, from friction and wear reduction to energy and efficiency enhancements which translate to significant cost reduction and performance benefits such as enhancing machinery operations, improving operational efficiency and extending the life of fluids and machinery. In catalysis, the addition of graphene improves performance and enhances yield, thereby driving down production costs for customers.

Jespal Deol, Chief Executive Officer of Graphene NanoChem commented: "On behalf of Graphene NanoChem, I am delighted to welcome Dr. Yinan Jin to our team. The acquisition of the nanomaterial technologies combined with Dr. Yinan Jin's practical, results and market-oriented approach in technology innovation and applications development will significantly expand our intellectual property, which in turn enhances our products portfolio allowing for wider range of opportunities in applications.

"We look forward to working with Dr. Yinan Jin going forward to accelerate the development of our graphene-enhanced chemicals portfolio as well as our specialty chemicals business."

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