Haydale Graphene Industries PLC Development Agreement for Screen Printing Inks
June 29 2020 - 2:00AM
RNS Non-Regulatory
TIDMHAYD
Haydale Graphene Industries PLC
29 June 2020
RNS Reach
For immediate release 29 June 2020
Haydale Graphene Industries plc
('Haydale' or the 'Group')
Phase 2 Development Agreement for Screen Printing Inks
Haydale (AIM: HAYD), the global advanced materials group, is
pleased to announce that, further to a successful Phase 1
collaboration agreement announced on 1 March 2018 in the Interim
Results, a Phase 2 collaboration agreement (the "Agreement") has
now been signed between Haydale Technologies (Thailand) Co., Ltd.
("HTT") and IRPC Public Company Limited ("IRPC"). The Agreement is
for IRPC to develop transparent graphene and functionalized
acetylene black conductive inks for RFID, NFC and related
applications.
The sustainable process sees Haydale functionalise IRPC's
acetylene black product to create the organic RFID ink. The success
of this collaboration is expected to pave the way to numerous
opportunities in printed electronic applications and be more
environmentally friendly than existing inks. The RFID printer
market is expected to be a significant market with the global
market expected to reach approximately USD 4.82 billion by the end
of 2023.
Under the Agreement IRPC will pay an upfront fee to Haydale
following signing of contract, with a second payment following
submission of the final report.
Dr. Roman Strauss , Vice President at IRPC, said : " This is
very exciting and challenging at the same time for IRPC considering
our core business in refinery and petrochemicals . However, working
closely with Haydale will enable us to capture great opportunity in
IoT megatrend."
Keith Broadbent, Haydale CEO, added: "It is great to see this
collaboration progress to phase 2. Our development in the area of
RFID antenna is gaining real traction globally and making
significant steps towards commercialisation. The RFID marketing is
an ideal opportunity for Haydale's unique solution."
- Ends -
For further information:
Haydale Graphene Industries plc
Keith Broadbent, CEO Tel: +44 (0) 1269 842 946
Gemma Smith, Global Head of Marketing
Arden Partners plc (Nominated Adviser
& Broker)
Ruari McGirr / Paul Shackleton / Tel: +44 (0) 20 7614 5900
Ben Cryer
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 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, Australia, Japan and China and operates from six sites
in the UK, USA and the Far East.
For more information please visit: www.haydale.com
Twitter: @haydalegraphene
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END
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