Haydale Graphene Industries PLC Distribution Agreement
October 13 2016 - 1:00AM
RNS Non-Regulatory
TIDMHAYD
Haydale Graphene Industries PLC
13 October 2016
Haydale Graphene Industries plc
("Haydale" or the "Group")
Distribution Agreement for Graphene Enhanced PLA Filaments for
3D Printing
Haydale Graphene Industries plc (AIM: HAYD), the Group focused
on the application and sale of enabling technology for graphene
enhanced materials and products is pleased to announce that Haydale
Composite Solutions Ltd ("HCS") a wholly owned subsidiary of
Haydale has appointed 3DFilaPrint as its distributor of their
graphene enhanced 3D Printing PLA filaments in the United Kingdom
and Eire ("Agreement").
Following the launch of Haydale's graphene enhanced PLA
filaments (see Company announcement dated 11 August 2016), HCS
received over 140 enquires from universities, 3D printers, 3D
equipment manufacturers and 3D filament distributors from all over
the world at the recent TCT show in Birmingham. 3DFilaPrint and HCS
also gave out over 100 test sample spools to potential
customers.
3DFilaPrint are now selling Haydale graphene enhanced PLA on
their website (http://shop.3dfilaprint.com) which is going to be
the first of a family of graphene enhanced thermoplastic filaments
with improved mechanical, electrical, thermal or physical property
improvements. This first graphene enhanced PLA has already been
sampled by several 3D printers who have confirmed it out performs
engineering polymers such as ABS and PETG in terms of temperature
performance, is very easy to print, provides an excellent surface
finish, has improved first layer and inter-layer adhesion with
excellent dimensional stability and reduced warpage.
Further details of the Agreement
The Agreement is initially for a period of one year. The
Agreement includes certain order quantities of products expected to
be purchased each quarter by 3DFilaPrint from HCS (such amounts
increasing quarterly over the initial duration of the contract).
The expected order quantities are not however guaranteed
Gerry Boyce, Managing Director of HCS commented:
"We are very pleased with the successful launch of this new
product at the TCT show and positive feedback from the 3D printing
trials conducted on our graphene enhanced PLA. Since commencing our
collaboration with 3DFilaPrint, it was evident they were ideally
suited to be our distributor in the UK and Eire. We continue to
receive interest from companies all over the world wishing to act
as distributors for Haydale, which we will assess. In addition, we
are comforted by the number of large industrial companies
approaching us to develop bespoke materials for their individual
needs."
Commenting on the UK and Eire distributorship, Tim Kay from
3DFilaPrint commented:
"During printing trials, we were very impressed with the
graphene enhanced PLA filament and can see a major opportunity to
offer this new material in the market place. PLA based filaments
are relatively easy to 3D print with and the addition of graphene
has made this into a material with engineering or industrial
properties and we look forward to working with our clients and HCS
on selling this material into the market place as well as advising
on the next generation of products."
- Ends -
For further information, please contact:
Haydale Graphene Industries +44 (0) 1269 842
plc 946
John Knowles, Chairman
Ray Gibbs, Chief Executive
Officer
Cairn Financial Advisers LLP
(Nomad) +44 (0) 20 7148 7900
Tony Rawlinson
Emma Earl
Cantor Fitzgerald Europe (Broker) +44 (0) 20 7894 7000
David Foreman (Corporate Finance)
Will Goode (Corporate Finance)
David Banks (Sales)
Mark Westcott (Sales)
Hermes Financial PR
+44 (0) 7889 153
628
Trevor Phillips +44 (0) 7979 604
Chris Steele 687
About Haydale
Haydale has developed a patented scalable plasma process to
functionalise graphene and other nanomaterials. This enabling
technology can provide Haydale with a rapid and highly
cost-efficient method of supplying tailored solutions to enhance
applications for both raw material suppliers and product
manufacturers.
Functionalisation is carried out through a patented low-pressure
plasma process that treats both mined, organic fine powder and
other synthetically produced nanomaterial powders, producing
high-quality few layered graphene and graphene nanoplatelets. The
process can functionalise with a range of chemical groups, with the
level of functionalisation tailored to the customer's needs. Good
dispersion improves the properties and performance of the host
material and ensures the final product performs as specified.
The Haydale plasma process does not use wet chemistry, nor does
it damage the material being processed; rather, it can clean up any
impurities inherent in the raw material. The technology is a low
energy user and most importantly environmentally friendly. The
Haydale process is a patented enabling technology, allowing the
Group to work with a raw material producer who seeks to add value
to the base product and tailor the outputs to meet the target
applications of the end user.
Haydale, based in South Wales and housed in a purpose-built
facility for processing and handling nanomaterials, is facilitating
the application of graphene and other nanomaterials in fields such
as inks, sensors, energy storage, composites, paints and
coatings.
www.haydale.com Twitter: @haydalegraphene
About Haydale Composite Solutions (HCS)
Haydale Composite Solutions Ltd ("HCS") is based in Loughborough
UK and is a wholly owned subsidiary of Haydale Graphene Industries
plc ("HGI"). HCS (previously known as EPL Composite Solutions Ltd
was acquired by HGI in November 2014) has developed a reputation
for delivering innovative solutions in the commercial applications
of advanced polymer composite materials working with global
companies over more than 20 years. HCS are tasked with developing
new markets and applications for graphene enhanced nanocomposite
materials across a broad range of industries.
This information is provided by RNS
The company news service from the London Stock Exchange
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