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Haydale Graphene Industries PLC RNS Release

Supply Agreement with Graphene Platform Corp


RNS Number : 2032F
Haydale Graphene Industries PLC
19 February 2018
 

 

For immediate release

19 February 2018

 

Haydale Graphene Industries plc

 

('Haydale' or the 'Group')

 

Supply Agreement

 

Haydale Graphene Industries plc (AIM: HAYD), the global advanced materials group, is pleased to announce that Haydale Technologies (Taiwan) Co., Ltd. ('HTW') has signed a supply agreement for specific graphene-based and other speciality inks to Graphene Platform Corp ('GPC'), Tokyo, Japan.

 

GPC will brand the inks as "GP Graphene Ink", which will be specifically targeted to the printed electronics market primarily in Japan, but with the potential to target other Asian countries where there is also a significant market.

 

According to the market research report on the "Printed Electronics Market by Material (Ink, Substrate), Technology (Inkjet, Screen, Gravure, Flexographic), Device (Sensors, Displays, Batteries, RFID, Lighting, Photovoltaic) and Geography - Global Forecast to 2022", the printed electronics market was valued at US$3.13 billion in 2015 and is expected to reach US$12.10 billion by 2022, at a CAGR of 22.38% between 2016 and 2022.  A major factor driving the printed electronics market is the proliferation of the Internet of Things which is driving the demand for printed electronic products.  The Asia Pacific region is forecast to account for the largest share of the total global printed electronics market.  This region has emerged as a major electronics manufacturing hub with considerable manufacturing activities in countries such as China, Japan, India, and South Korea, which is boosting the demand for printed electronics systems in this region.

 

Commenting on the long-term supply agreement, Ray Gibbs, CEO of Haydale, said: "GPC has the right profile and customer focus to demonstrate that sales and marketing of our formulated graphene-based inks, specifically into Japan and other Asian countries, will be well received.  We have been working for many months on ink formulations with GPC's Graphene-Like-Graphite materials in order to meet customers' specifications.  Now is the right time to formalise the joint development work with a supply agreement.  Japan is a big market and GPC's presence is highly regarded and we look forward to working with them."

 

Shoji Hasegawa, CEO of Graphene Platform Corp, said: "Haydale's specialty formulated inks offer unique properties specifically according to the individual customers' needs and will help us when marketing to the printed electronics market, an area we know well and that has good sales potential."

 

- Ends -

 

For further information:

Haydale Graphene Industries plc

 

Ray Gibbs, Chief Executive Officer

Tel: +44 (0) 1269 842 946

Matt Wood, Finance Director

www.haydale.com  

Trevor Phillips, Head of Communications

 

 

 

Arden Partners plc (Nominated Adviser & Broker)

 

Ruari McGirr / Paul Shackleton / Ben Cryer

Tel: +44 (0) 20 7614 5900

 

 

Media enquiries:

Buchanan

 

Henry Harrison-Topham / Jamie Hooper / Gemma Mostyn-Owen

Tel: +44 (0) 20 7466 5000

[email protected]

www.buchanan.uk.com

 

Notes to Editors

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

 

For more information please visit: www.haydale.com

 

Twitter: @haydalegraphene

 

About Graphene Platform Corporation

 

Graphene Platform Corp., is a Japanese technology and marketing organization of Graphene.  It was the first to discover and has patented a fundamental feature for Graphene-Like-Graphite materials.  It defined Graphene-Like-Graphite materials having a cause of structural disorder for a crystalline of graphite using XRD index.  The Graphene-Like-Graphite materials have versatile applications, such as graphene composite, as well as thermal/electrical conductivity, reinforcement, and lubrication applications as patented by the company.

 

Over several years, Graphene Platform has established a proven track record within the research and development community for producing and distributing high quality CVD and Epitaxial Graphene and Graphene-Like-Graphite to its customers.  The company has a network of its affiliates in Cambridge, UK and Singapore.

 

http://grapheneplatform.com

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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