Versarien PLC Construction Materials Collaboration (7578Y)
24 August 2018 - 4:00PM
UK Regulatory
TIDMVRS
RNS Number : 7578Y
Versarien PLC
24 August 2018
Versarien plc
("Versarien" or the "Company")
Construction Materials Collaboration
Versarien plc (AIM: VRS), the advanced materials engineering
group, is pleased to announce that it has signed an agreement with
AECOM, a fully integrated global infrastructure firm.
Versarien and AECOM, a US headquartered and Fortune 500 company,
which is involved with multiple projects globally, will initially
be working on a project involving the incorporation of Versarien's
proprietary Nanene few layer graphene nano-platelets into large-
scale polymer structures used in civil infrastructure projects,
with a view to increasing their structural strength.
Neill Ricketts, CEO of Versarien, commented: "We are very
pleased to have entered into this latest graphene application
collaboration agreement, the first where our graphene will be
incorporated into a large scale structure for use in construction.
Should this collaboration progress as we hope the potential for
Versarien is considerable, as the volumes of graphene that will be
required are significantly larger than for many other applications
given the scale of the structures being produced.
"Our existing collaborations continue to progress and I look
forward to providing further updates in due course, together with
announcing others that are currently in discussion."
This announcement includes inside information as defined in
Article 7 of the Market Abuse Regulation No. 596/2014 and is
disclosed in accordance with the Company's obligations under
Article 17 of those Regulations.
Enquiries:
Versarien
Neill Ricketts, CEO
Chris Leigh, CFO 01242 269 122
Arden Partners (Nominated Adviser and Broker)
Chris Hardie
Dan Gee-Summons 020 7614 5900
IFC Advisory (Financial PR and IR)
Tim Metcalfe
Graham Herring
Heather Armstrong 020 3934 6630
About Versarien
Versarien plc (AIM:VRS), is an advanced engineering materials
group. Leveraging proprietary technology, the Group creates
innovative engineering solutions for its clients in a diverse range
of industries. Versarien has five subsidiaries operating under two
divisions:
Graphene and Plastics
2-DTech Ltd, which specialises in the supply, characterisation
and early stage development of graphene products.
www.2-dtech.com
AAC Cyroma Limited, which specialises in the supply of
vacuum-formed and injection-moulded products to the automotive,
construction, utilities and retail industry sectors. Using
Versarien's existing graphene manufacturing capabilities, AAC will
have the ability to produce graphene-enhanced plastic products.
www.aaccyroma.co.uk
Cambridge Graphene Limited, supplies novel inks based on
graphene and related materials, using patented processes to develop
graphene materials technology.
www.cambridgegraphene.com
Hard Wear and Metallic Products
Versarien Technologies Limited has developed an additive process
for creating advanced micro-porous metals targeting the thermal
management industry and supplies extruded aluminium.
www.versarien-technologies.co.uk
Total Carbide Limited, a leading manufacturer in sintered
tungsten carbide for applications in arduous environments such as
the oil and gas industry. www.totalcarbide.com
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END
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