Last checked at 27 Jan 2023 07:00
Reach - Non-Regulatory
27 January 2023
Versarien plc
("Versarien" or the "Company")
OEKO-TEX® Eco Passport certification for Graphene-Wear®
Versarien plc (AIM: VRS), the advanced materials engineering group, is pleased to announce that the Company has secured OEKO-TEX® Eco Passport certification for Versarien's proprietary Graphene-Wear® technology.
OEKO-TEX's® Eco Passport is an independent certification system for chemicals, colourants and auxiliaries used in the textile and leather industries. Operating since 1992 OEKO-TEX®, headquartered in Switzerland, offers testing and certification services to companies in the textile and leather industries worldwide.
In order to gain OEKO-TEX® Eco Passport certification, Versarien's Graphene-Wear® was analysed to determine whether it meets the relevant statutory requirements and textile industry standards, and to confirm that no element in it, nor the final product, is harmful to human health. The Eco Passport also provides validation for garment manufaturers that Graphene-Wear® meets the criteria for ecologically responsible textile and leather manufacture.
Neill Ricketts, Chief Executive Officer of Versarien, said: "The textile sector, in particular leisure and sports wear, is one of the key focus sectors for Versarien. We are already working with a number of brands, including through commercial agreements with Superdry and Umbro, to integrate Versarien's Graphene-Wear® technology into a number of their products. The securing of OEKO-TEX's® Eco Passport will provide both these partners, and other garment suppliers we are in discussions with, third party validation that our products are safe, sustainable and environmentally friendly."
For further information please contact:
Versarien Plc | |
Neill Ricketts - Chief Executive Officer | +44 (0) 1594 887204 |
Chris Leigh - Chief Financial Officer Stephen Hodge - Chief Technology Officer | |
SP Angel Corporate Finance (Nominated Adviser and Joint Broker) | |
Matthew Johnson, Adam Cowl | +44 (0) 20 3470 0470 |
Berenberg (Joint Broker) | |
Mark Whitmore, Ciaran Walsh | +44 (0) 20 3207 7800 |
IFC Advisory Limited (Financial PR and Investor Relations) | |
Tim Metcalfe, Zach Cohen | +44 (0) 20 3934 6630 |
About Versarien Plc
The strategy of Versarien Plc (AIM:VRS) is to be a globally recognised graphene company with a wide portfolio of high-quality verified materials allied to the largest relevant IP portfolio supported by its own UK based research and development centre driving recurring revenue growth through its innovative graphene product applications.
For further information please see: https://www.versarien.com