TIDMAGM
RNS Number : 0059V
Applied Graphene Materials PLC
04 August 2020
04.08.2020
Applied Graphene Materials plc
("Applied Graphene Materials", "AGM" or "the Group")
Applied Graphene Materials signs distribution agreement with
Arpadis Benelux NV.
Ag reement significantly strengthens AGM's route into the
coatings and polymers markets in the UK, Germany, Spain, France,
Portugal and Scandinavia.
Applied Graphene Materials (LSE: AGM) is delighted to announce
it has signed a distribution agreement with leading European
chemical distributor Arpadis Benelux NV (Headquarters Antwerp,
Belgium). The agreement strengthens AGM's supply position across
many of Europe's largest coatings and polymers markets, providing
direct routes into these market sectors across the United Kingdom,
Germany, Spain, France, Portugal and Scandinavia.
Arpadis works with major global chemicals producers and SMEs,
helping manufacturers meet their environmental responsibilities by
seeking alternative products and delivering more efficient supply
chains. It has a strong focus on products aligned with the
coatings, polyurethanes, inks, polymers, aerospace and textiles
markets.
The agreement in place between AGM and Arpadis Benelux NV will
see the two companies collaborating on customer opportunities and
introduce AGM's proprietary G enable(R) graphene dispersions
technology into the United Kingdom, Germany, Spain, France,
Portugal and Scandinavia coatings and polymers markets. The
agreement is exclusive in all regions apart from the United
Kingdom, where the agreement is non-exclusive to allow for AGM's UK
sales team to further strengthen existing relationships and develop
the strong pipeline of existing sales opportunities directly.
In addition to its own commercial hubs in the U.K. and the
United States, AGM now has distribution agreements with local
expert chemicals and coatings distributors in the United Kingdom,
United States, Canada, Germany, Spain, France, Portugal, The
Netherlands, Belgium, Luxemburg, Greece, Italy, South Africa,
Scandinavia and Japan ensuring complete coverage in markets with
detailed understanding and appreciation of graphene's
potential.
Adrian Potts, AGM CEO commented:
"I am delighted to announce this latest distribution agreement
with Arpadis, who are well-known and highly respected by those
organisations purchasing specialty chemicals in our target sector
markets in Europe.
Following agreements signed over the last month with Arpadis in
Europe, Maroon Group in the U.S.A and Will & Co in the Benelux
region, AGM has substantially increased its reach and global sales
network with over 60 people now focused on selling our products
into markets across the globe.
We now have the ability to drive direct commercial discussions
with potential customers including sector leaders and household
names across the world, and we look forward to demonstrating
further commercial momentum for AGM."
Shane Phoenix, Managing Director, Arpadis commented:
"Arpadis is delighted to be chosen as a distributor in the quest
to further develop the exciting potential of graphene technology
within the various sectors we operate. We will embed it with our
existing portfolio and our teams across Europe are looking forward
to supporting Applied Graphene Materials with this endeavour."
For further information, please contact:
Applied Graphene Materials
+44 (0) 1642 438 214
Adrian Potts, Chief Executive Officer
David Blain, Chief Financial Officer
Hudson Sandler
+44 (0) 207 796 4133
Charlie Jack / Emily Dillon
N+1 Singer +44 (0) 207 496 3000
Peter Steel / Justin McKeegan
Notes to Editors
Arpadis Benelux NV has been distributing chemicals since 1999.
The company is now established through its European subsidiaries
and offices in Benelux, Germany, France, UK and Portugal.
Working with major global producers and SME's, responding to
environmental responsibilities by seeking alternative products and
materials coupled with more efficient supply chains are some of
Arpadis' added virtues as a distributor.
Across Europe the company has a number of warehouses and
blending/filling facilities that are third party owned and
strategically selected to offer quick response times plus safe and
secure storage. An ISO management system is in place with the
company also having signed-up to the Responsible Care(R) Programme
supported by many EU chemical trade associations.
The Arpadis team consists of technical experts in the fields of
Coatings, Polyurethanes, Inks, Textiles, Plastics and Colorants as
well as experienced staff members with expert knowledge in the
fields of Chemical distribution, Procurement, Storage and
Logistics. For the future, the business model will continue with
more products aligned with the Coatings, Polyurethanes, Inks,
Polymers, Aerospace and Textiles and other industry segments
placing Arpadis at the forefront of the global supply chain.
https://www.arpadis.com/
Applied Graphene Materials works in partnership with its
customers using its knowledge and expertise to provide bespoke
graphene dispersions and formats to deliver enhancements and
benefits for a wide range of applications. The Group's strategy is
to target commercial applications in three core markets: coatings,
composites and functional materials.
The Group has developed proprietary bottom-up processes which
are capable of producing high purity graphene nanoplatelets using a
continuous process. The manufacturing process is based on
sustainable, readily available raw materials and therefore does not
rely on the supply of graphite, unlike a number of other graphene
production techniques. Applied Graphene Materials owns the
intellectual property and know-how behind this process.
Applied Graphene Materials was founded by Professor Karl Coleman
in 2010 with its operations and processes based on technology that
he initially developed at Durham University. The Group was admitted
to AIM in November 2013, raising GBP11 million, and is based at the
Wilton Site on Teesside. In January 2016 the Group raised GBP8.5m
to support its ongoing activities and in October 2017 the Group
raised a further GBP9.8m.
https://www.appliedgraphenematerials.com/
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