Applied Graphene Materials launches new eco-friendly range

Sign up to FREE email alerts from BusinessLive – North East – a direct briefing of the latest headlines to start the dayInvalid EmailSomething went wrong, please try again later.Subscribe

We use your sign-up to provide content in ways you’ve consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time.More info

Thank you for subscribingWe have more newslettersShow meSee ourprivacy notice

Teesside ‘wonder material’ manufacturer Applied Graphene Materials has launched a new range of eco-friendly graphene.

The Wilton company, which manufactures super strong graphene, said it has launched the range to help improve the sustainability of paints, coatings and composite materials.

The company said materials suppliers are being driven to invest in biobased innovation, as customers become increasingly aware of the safety and environmental impact of the raw materials they use.

Read more: Northern Powerhouse fund tops £100m

Applied Graphene Materials (AGM) said that growing pressure to comply with stringent health and safety legislation, and to demonstrate a reduced environmental impact, is forcing manufacturers to introduce bioderived alternatives to traditional chemicals and that all ten of the top ten coatings companies now offer eco-friendly products.

As a result, AGM has launched the Genable 1700 series of eco-friendly graphene nanoplatelet dispersions, based on the its well-established Genable graphene dispersion technology.

Adrian Potts, chief executive officer of AGM, said: “I am proud that AGM is taking a leading role in delivering graphene in sustainable formats that will help our customers reduce the environmental impact of their products.

“Today, we are able to help paints, coatings and composite materials formulators achieve their sustainability goals through the supply of a new eco-friendly range of graphene dispersions.

Based on AGM’s already proven graphene nanoplatelet technology, these new biobased graphene products offer the industry a more responsible means of benefitting from the significant performance uplifts arising from the use of graphene nanoplatelets, such as chemical resistance, barrier and anticorrosion properties.

“AGM is committed to being part of a sustainable supply chain. We believe that through our constant product innovation we can empower our customers to not only set new product performance standards, but new sustainability standards for their industries.”

In a separate stock market announcement the AIM listed company said it that it had started trading its shares on the OTCQX Best Market in the US, under the ticker symbol APGMF.

It comes just under a year after the firm started trading on the US OTC market, a cross-trading facility provided through OTC Markets Group Inc based in New York, which operates the world’s largest electronic interdealer quotation system for US broker dealers and offers multiple media channels.

The firm said that trading on OTCQX Best Market is an important step for the company, providing it with exposure to a wider audience of potential investors, by easing cross-border trading for US investors.

Mr Potts added: “I am delighted that AGM has satisfied the criteria to trade on the OTCQX Best Market, the highest tier of the OTC Markets Group.

“By trading on OTCQX Best, we look forward to providing greater access to our shares to institutional and retail investors in the USA, an important commercial region for AGM, where we continue to develop a growing number of opportunities with innovative local and global customers.”