Haydale Graphene Industries PLC Advanced Composites Proposed Collaboration
22 August 2017 - 4:01PM
RNS Non-Regulatory
TIDMHAYD
Haydale Graphene Industries PLC
22 August 2017
For immediate release 22 August 2017
Haydale Graphene Industries plc
("Haydale" or the "Group")
Haydale Announces Advanced Composites Proposed Collaboration
Haydale (AIM:HAYD), the global advanced materials group, is
pleased to announce that it has agreed heads of terms for a
technical and commercial collaboration with Rogers Advanced
Composites Ltd ("RAC").
RAC is developing a composites centre located close to the
Solent on the UK's South Coast. This collaboration will enable RAC
to access Haydale's extensive technical know-how in composites,
polymers and resins and to incorporate the range of advanced
graphene enhanced composites, developed by Haydale, into its
existing and future projects.
RAC which has roots in the marine and yachting world, through
its sister company Rogers Yacht Design, has built a strong
reputation in the design and manufacture of advanced composite
products. It is Haydale's understanding that RAC is experiencing a
strong demand for high quality composite solutions across a range
of industrial sectors including marine, military and motor sport
and that RAC is in the process of securing long term production
contracts for an oil recovery project as well as several aerospace,
military and motor racing projects. There are also some prospects
in the rail and shipping sectors as well as new build high
performance carbon fibre race boats and refits.
Haydale has developed three specific graphene enhanced carbon
fibre pre pregs that offer designers the ability to improve and
optimise structural performance characteristics. Each pre preg
utilises functionalised graphene dispersed in epoxy resin
formulations to deliver enhanced performance in a specific area
namely:
- Enhanced electrical conductivity (Lightning strike protection;
Electromagnetic (EMI) and radio-frequency (RFI) shielding; strain
gauges and interactive diagnostics)
- Enhanced thermal conductivity (for the dissipation of heat)
- Enhanced mechanical performance - modulus/wear resistance
Subject to individual projects being agreed, technical
collaboration between Haydale and RAC should enable their customers
to achieve high performance and cost effective outcomes using the
latest composite technology.
Ray Gibbs CEO of Haydale commented: "The work conducted over the
past two years in mixing, dispersing and processing of a range of
nanomaterials into high end epoxy resins is now enabling us to add
significant value to the traditional composite offerings that have
been available for many years. The speed at which RAC has moved and
their ability to attract exciting commercial projects makes this an
obvious partner for Haydale to demonstrate our added value
capabilities. We look forward to working with the RAC on what is a
very exciting collaboration."
Simon Rogers, CEO of RAC commented: "RAC is a design led
composite manufacturing facility that is intent on adopting new
technologies in the early stages of development. The opportunity to
work with Haydale and their new graphene and other Nano products
fits very well with our company philosophy and we believe this new
collaboration will be the beginning of a long-term relationship.
This is a very exciting stage in the new graphene age and we are
delighted to be part of it with Haydale."
- Ends -
For further information:
Haydale Graphene Industries Tel: +44 (0) 1269 842
plc 946
Ray Gibbs, Chief Executive
Officer
Matt Wood, Finance Director www.haydale.com
Trevor Phillips, Head
of Communications
Cairn Financial Advisers Tel: +44 (0) 20 7213
LLP (Nominated Adviser) 0880
Tony Rawlinson / Emma
Earl
Cantor Fitzgerald Europe Tel: +44 (0) 20 7894
(Broker) 7000
David Foreman / Will Goode
(Corporate Finance)
Mark Westcott / Alex Pollen
(Sales)
Media enquiries:
Buchanan Tel: +44 (0) 20 7466
Henry Harrison-Topham / 5000
Jamie Hooper
haydale@buchanan.uk.com www.buchanan.uk.com
Notes to Editors
Haydale is a global technologies and advanced materials group
that facilitates the integration of nanomaterials into the next
generation of commercial technologies and industrial materials.
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 and China and operates from six facilities in the UK,
USA and the Far East.
For more information please visit: www.haydale.com
Twitter: @haydalegraphene
This information is provided by RNS
The company news service from the London Stock Exchange
END
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