REG - Haydale Graphene Ind - Collaboration with PETRONAS

Haydale Graphene IndustriesAnnouncement

22/08/2023 07:00

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RNS Number : 9262J  Haydale Graphene Industries PLC  22 August 2023

 RNS
 For immediate release  22 August 2023

Haydale Graphene Industries plc

 ('Haydale')

 

Haydale and PETRONAS Collaborate to Accelerate Graphene's Commercial
Applications

 

Haydale (AIM: HAYD) and PETRONAS Technology Ventures Sdn Bhd (PTVSB), the
technology commercialisation arm of Petroliam Nasional Berhad (PETRONAS), have
executed a collaboration agreement to functionalise graphene for product
applications, in an effort to accelerate commercialisation of graphene-based
formulations in various different industries.

 

The agreement, which runs through to 31 December 2025, will see the parties
exploring graphene for further commercial applications in battery cells,
composites, coatings and thermal materials, among others. The collaboration
will also cover knowledge sharing between the parties.

 

Commenting on the successful collaboration with PETRONAS, Haydale Chief
Executive Officer Keith Broadbent said:

 

"Haydale is delighted to have signed a collaboration with PETRONAS that
cements our commitment to working together on developing innovative solutions
and driving progress in the commercialisation of graphene and advanced
materials use in the energy industry. Our expertise in nanomaterials and our
functionalisation technology compliments PETRONAS' commitment to
sustainability and safeguarding the environment and I am confident that this
strategic collaboration will be mutually beneficial and greatly accelerate the
commercial adoption of functionalised graphene and other 2D materials."

 

PETRONAS Head of Advanced Materials Dileezaa Lurthanathan, said:

 

"PETRONAS is dedicated to research and development in advanced materials and
our collaboration with Haydale marks a significant milestone in the drive
towards the commercialisation of graphene in sustainable technologies. We see
Haydale's functionalisation process as one of the keys to unlocking the use of
by-products from the energy industry and helping us to move from linear to
circular materials to facilitate energy transition."

 

- Ends -

For further information:

Haydale Graphene Industries plc

Keith Broadbent,
CEO
Tel: +44 (0) 1269 842946

Patrick Carter, CFO

 

finnCap (Nominated Adviser & Broker)

Julian Blunt / Edward Whiley, Corporate
Finance
Tel: +44 (0) 20 7220 0500

Andrew Burdis, ECM

 

Notes to Editors

 

Haydale is a global technologies and materials group that facilitates the
integration of graphene and other nanomaterials into the next generation of
commercial technologies and industrial materials. With expertise in graphene,
silicon carbide and other nanomaterials, Haydale can deliver improvements in
electrical, thermal, and mechanical properties, as well as toughness through
its state-of-the-art functionalisation. Haydale has granted patents for its
technologies in Europe, USA, Australia, Japan, and China and operates from
five sites in the UK, USA, and the Far East.

 

For more information please visit: www.haydale.com (http://www.haydale.com)
 

 

LinkedIn:Haydale-ltd

Twitter: @haydalegraphene

 

 

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