TIDMAGM
Applied Graphene Materials PLC
30 October 2020
30 October 2020
Applied Graphene Materials signs up distribution partner in
Turkey
Agreement provides AGM with a strong route into the coatings and
polymers markets across Turkey
Applied Graphene Materials (AGM), the producer of specialty
graphene additives, is pleased to announce that it has signed a
distribution agreement with GOBARR Kimya Ticaret ve Pazarlama Ltd.
Sti (Gobarr). The agreement will further expand AGM's distribution
network to target customers in the Turkish coatings and polymers
sector.
Gobarr's team of industry specialists has over 25 years'
experience in supplying innovative products to the paint and
coatings market across Turkey. This agreement will make Gobarr the
market's leading supplier of graphene dispersions focused on
Turkey's industrial coatings sector.
AGM and Gobarr have an exclusive agreement that will see the two
companies collaborate in developing customer opportunities and
introducing AGM's proprietary Genable(R) graphene dispersions
technology into the Turkish coatings and polymers markets.
Adrian Potts, Chief Executive Officer of AGM, said:
"It is a great pleasure to be able to welcome Gobarr to our
growing sales network. The development of a technically-capable,
commercially-astute distribution network for our Genable(R)
graphene dispersion products and technology is a key strategic
focus at this stage of AGM's commercialisation.
We look forward to achieving success with the Gobarr team in the
distribution of AGM's dispersed graphene materials in the Turkish
coatings and liquid resin sector."
Gobarr commented:
"At Gobarr, a key priority for us is to continue to develop and
expand the utilization of graphene, which has already demonstrated
its advantages in various end user products.
AGM is a company focused on enabling the widespread application
of graphene, which excels in providing early commercialisation
opportunities and competitive advantages to its partners through
the development of reliable graphene application technologies and
processes. Our partnership with the company is a major motivation
and momentum source for our company and our local partners alike.
We are all very excited to work with AGM in distributing the
company's graphene products and ensuring that they provide value to
the sectors we operate in."
For further information please contact:
Applied Graphene Materials
+44 (0) 1642 438 214
Adrian Potts, Chief Executive Officer
David Blain, Chief Financial Officer
N+1 Singer
+44 (0) 207 496 3000
Peter Steel / Amanda Gray
Hudson Sandler
+44 (0) 207 796 4133
Charlie Jack / Emily Dillon
Notes to Editors:
Applied Graphene Materials - For the last decade, AGM has been
at the forefront of harnessing the possibilities of graphene.
Founded originally by Professor Karl Coleman, the Group has grown
from an academic idea from Durham University to a world leader in
the development and application of graphene nanoplatelet
dispersions for customers in the coatings, composites and
functional materials sectors.
The Group utilises its proprietary bottom-up manufacturing
process to produce high purity graphene nanoplatelets. Their
expertise in dispersion chemistry enables AGM to create optimised,
stable and easy to handle dispersions that customers use in
real-world industrial products. AGM's unique approach enables
industries to fully realise the potential of graphene in a simple,
safe and easy to formulate way.
AGM, based at the Wilton Centre on Teesside, was admitted to AIM
in November 2013, raising GBP11 million. The Group successfully
raised GBP8.5m in January 2016 and a further GBP9.8m in November
2017. Since August 2020, the Group's shares are also listed on
OTCQX in the United States. As a result of the funding support and
their industry leading technology platform, AGM have been able to
develop a significant sales distribution network covering Europe,
North America and a partner in Japan. The Group continues to work
closely with industrial partners, and have seen the successful
launch of numerous commercial products enhanced by their Graphene
Dispersions.
https://www.appliedgraphenematerials.com/
GOBARR Kimya Ticaret ve Pazarlama Ltd. Sti was set up by Caran
Kimya, a leading Turkish Chemical Producer, specifically to support
graphene sales and the partnership with AGM. Originally focused on
chemicals for the Pulp and Paper Industry, since 2007 Caran Kimya's
highly experienced technical team have also provided services to
related industries, with partners including world class Chemical
Producers, such as Cargill, Ugur Seluloz, Royce, Steiner, Lamberti,
Mare, Contech, Lanxess and other local companies.
Caran Kimya has its own production facilities with a production
capacity of 75.000 tons/yr, located in Bornova Izmir, and Tuzla
Istanbul.
http://carankimya.com/en/
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