Haydale Regulatory News (HAYD)

Haydale Graphene Industries plc

('Haydale' or the 'Group')

Raising the Bar in Plastic Food Packaging

Haydale, (AIM: HAYD), the global advanced materials group, is pleased to announce that it has been awarded funding of £168,573 to develop high barrier monolayer films for food packaging by Innovate UK, the UK's innovation agency.

Haydale Composite Solutions Ltd ('HCS'), will lead the consortium of nine companies - BASF, Bangor University, Cambridge Nanomaterials Technologies, Dunbia, Fre-Energy, Parkside Flexibles, Recycling Technologies, and Wells Plastics - to develop the next generation of high barrier films for food packaging using functionalised nanomaterials ("HiBarFilm2 Project"). The HiBarFilm2 Project is due to start in March 2022 and is expected to run for 30 months. It follows the success of the HiBarFilm feasibility study where functionalised nanomaterials were shown to influence barrier performance in films.

While the currently used multilayer flexible films increase the shelf life of products, the biggest challenge faced to date is their recyclability. Often made up of between three and twelve layers of different plastics, they are difficult to recycle and affect the quality and value of the recycle streams. Consequently, they are commonly incinerated or end up in landfill.

The HiBarFilm2 Project will exploit the impermeable properties of pure graphene and other advanced materials using Haydale's patented HDPlas® functionalisation process to either increase the hydrophobicity of the materials to improve moisture repellence or improve the interaction between the nanomaterial and host resin to promote improved cohesion and barrier performance.

The funded project will focus on using HDPlas® functionalised barrier additives in two main areas: firstly, by mixing the additives directly into the plastic prior to filming, and secondly, by dispersing the additives into a barrier coating that can be applied to the plastic substrates.

Both polyolefin films and compostable plastics will be used with the two solutions being combined to increase the barrier performance further and not affect the recyclability. The application will also address the issue with contamination of films with food waste such as fats and blood by providing a compostable plastics solution.

The aim of the HiBarFilm2 project is to enable the redesign of multilayer flexible films into 100% recyclable and compostable mono-material solutions for the food industry.

Keith Broadbent, CEO at Haydale, commented; "Previous work as part of the HiBarFilm feasibility study demonstrated that Haydale's plasma functionalised nanomaterials can be used to influence barrier performance in films. We are pleased to be leading the next stage project to further develop nanomaterial-enhanced coatings that will be a first in food contact applications, which could change the face of food packaging for the future and offer sustainable consumer solutions."

- Ends -

For further information:

Notes to Editors

Haydale is a global technologies and materials group that facilitates the integration of graphene and other nanomaterials into the next generation of commercial technologies and industrial materials. With expertise in graphene, silicon carbide and other nanomaterials, Haydale can deliver improvements in electrical, thermal, and mechanical properties, as well as toughness through its state-of-the-art functionalisation. Haydale has granted patents for its technologies in Europe, USA, Australia, Japan, and China and operates from five sites in the UK, USA, and the Far East.

For more information please visit: www.haydale.com

LinkedIn: Haydale-ltdTwitter: @haydalegraphene

About Innovate UK

Innovate UK drives productivity and economic growth by supporting businesses to develop and realise the potential of new ideas.

We connect businesses to the partners, customers and investors that can help them to turn ideas into commercially successful products and services and business growth.

We fund business and research collaborations to accelerate innovation and drive business investment into R&D. Our support is available to businesses across all economic sectors, value chains and UK regions.

Innovate UK is part of UK Research and Innovation. For more information visit www.innovateuk.ukri.org. About Reach announcements 

This is a Reach announcement. Reach is an investor communication service aimed at assisting listed and unlisted (including AIM quoted) companies to distribute non-regulatory news releases into the public domain. Information required to be notified under the AIM Rules for Companies, Market Abuse Regulation or other regulation would be disseminated as an RNS regulatory announcement and not on Reach.