Talon Resources Targets Ontario Gold Growth After AIM Move and Eagle Lake Acquisition, CEO Says.Watch here

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksGraphene Nanochem Regulatory News (GRPH)

  • There is currently no data for GRPH

Third Term Contract Renewal With Shell

6 Oct 2014 07:00

RNS Number : 4668T
Graphene NanoChem PLC
06 October 2014
 

For Immediate Release

6 October 2014

Graphene NanoChem PLC

("Graphene NanoChem" or the "Group")

Third Term Contract Renewal With Shell

Graphene NanoChem (AIM: GRPH), the performance nanochemicals and advanced materials company, is pleased to announce that Platinum NanoChem Sdn Bhd, its wholly-owned subsidiary, has been awarded a contract renewal by Shell Malaysia for the supply of up to 5 million litres per month of PlatAmber, the Group's biofuel product derived from palm waste for the Malaysian market.

The contract with Shell Malaysia, renewed for the third term, is for a further period of one year, commencing 1 November 2014. PlatAmber is used as an additive into road-grade diesel to assist with compliance with the Malaysian Government's B5 mandate, which requires a mixture of 5% biofuel in diesel products. The Malaysian Government plans to increase this to a B7 mandate, increasing the threshold to 7%, in 2015, following which the Group expects the market for the product to increase from 500,000 tonnes to 700,000 tonnes per annum.

Jespal Deol, Chief Executive Officer of Graphene NanoChem, commented: "We are pleased to announce this latest contract renewal with Shell Malaysia, and look forward to supporting our long term partner in the fulfillment of its obligations under the mandate."

 

For further information:

 

Graphene NanoChem

Tel: +603 2282 3080

Jespal Deol, Chief Executive Officer

Panmure Gordon (NOMAD and Broker)

Fred Walsh / Adam James / Tom Salvesen

Tel: +44 (0) 20 7886 2500

Tom Nicholson

Tel: +65 68248204

Buchanan

Tel: +44 (0) 20 7466 5000

Mark Edwards / Fiona Henson / Jason Day

 

 

About Graphene NanoChem

Graphene Nanochem plc is a technology commercialisation company that operates two commercial platforms, the Advanced Chemicals platform that manufactures renewable chemical products for high growth sectors and the Advanced Materials platform that focuses on graphene nanomaterials applications for selected industries targeting high performance use.

To find out more, please visit www.graphenenanochem.com.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
CNTQXLFBZBFZFBL
Date   Source Headline
5th Dec 20062:39 pmRNSHolding(s) in Company
1st Dec 20062:48 pmRNSHolding(s) in Company
30th Nov 20069:20 amRNSHolding(s) in Company
29th Nov 200612:07 pmRNSHolding(s) in Company
23rd Nov 20061:43 pmRNSEGM Statement
21st Nov 20067:00 amRNSChange of Registered Address
2nd Nov 200612:33 pmRNSDirector/PDMR Shareholding
1st Nov 20062:10 pmRNSDirector/PDMR Shareholding
1st Nov 200611:40 amRNSSchedule 1 - Biofutures Int
30th Oct 20067:01 amRNSAcquisition
30th Oct 20067:01 amRNSRestoration - Biofutures Intl
22nd Sep 20067:00 amRNSMaiden Interim Results
25th Aug 20063:00 pmRNSAppt. of Finance Director
28th Jul 20062:43 pmRNSConditional Agreement
19th Jun 20069:56 amRNSHolding(s) in Company
1st Jun 200611:45 amRNSSuspension - Biofutures Intl
1st Jun 200611:45 amRNSre Press Speculation
24th May 20063:08 pmRNSHolding(s) in Company
24th May 20067:01 amRNSHolding(s) in Company
17th May 20062:45 pmRNSHolding(s) in Company
17th May 200610:19 amRNSHolding(s) in Company
15th May 200611:38 amRNSHolding(s) in Company
15th May 200610:56 amRNSHolding(s) in Company
11th May 200612:10 pmRNSHolding(s) in Company
5th May 20061:39 pmRNSDirector shareholding
5th May 200611:10 amRNSHolding(s) in Company
5th May 20069:00 amRNSPlacing & Admission to AIM

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.