Haydale Graphene Industries plc - Supply Agreement
February 19 2018 - 5:18AM
ADVFN NewsWire
Haydale Graphene Industries
plc
('Haydale'
or the 'Group')
Supply Agreement
Haydale Graphene Industries plc (AIM: HAYD), the global advanced
materials group, is pleased to announce that Haydale Technologies
(Taiwan) Co., Ltd. ('HTW') has signed a supply agreement for
specific graphene-based and other speciality inks to Graphene
Platform Corp ('GPC'), Tokyo, Japan.
GPC will brand the inks as "GP Graphene Ink", which will be
specifically targeted to the printed electronics market primarily
in Japan, but with the potential to target other Asian countries
where there is also a significant market.
According to the market research report on the "Printed Electronics Market by Material (Ink,
Substrate), Technology (Inkjet, Screen, Gravure, Flexographic),
Device (Sensors, Displays, Batteries, RFID, Lighting, Photovoltaic)
and Geography - Global Forecast to 2022", the printed
electronics market was valued at US$3.13 billion in 2015 and is
expected to reach US$12.10 billion by 2022, at a CAGR of 22.38%
between 2016 and 2022. A major factor driving the printed
electronics market is the proliferation of the Internet of Things
which is driving the demand for printed electronic products. The
Asia Pacific region is forecast to account for the largest share of
the total global printed electronics market. This region has
emerged as a major electronics manufacturing hub with considerable
manufacturing activities in countries such as China, Japan, India,
and South Korea, which is boosting the demand for printed
electronics systems in this region.
Commenting on the long-term supply agreement, Ray
Gibbs, CEO of Haydale,
said: "GPC has the right profile and
customer focus to demonstrate that sales and marketing of our
formulated graphene-based inks, specifically into Japan and other
Asian countries, will be well received. We have been working for
many months on ink formulations with GPC's Graphene-Like-Graphite
materials in order to meet customers' specifications. Now is the
right time to formalise the joint development work with a supply
agreement. Japan is a big market and GPC's presence is highly
regarded and we look forward to working with
them."
Shoji Hasegawa, CEO of Graphene Platform Corp,
said: "Haydale's specialty formulated
inks offer unique properties specifically according to the
individual customers' needs and will help us when marketing to the
printed electronics market, an area we know well and that has good
sales potential."
- Ends -
For further information:
Haydale Graphene Industries plc
|
|
Ray Gibbs, Chief Executive Officer
|
Tel: +44 (0) 1269 842 946
|
Matt Wood, Finance Director
|
www.haydale.com
|
Trevor Phillips, Head of Communications
|
|
|
|
Arden Partners plc (Nominated Adviser & Broker)
|
|
Ruari McGirr / Paul Shackleton / Ben Cryer
|
Tel: +44 (0) 20 7614 5900
|
|
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Media enquiries:
Buchanan
|
|
Henry Harrison-Topham / Jamie Hooper / Gemma Mostyn-Owen
|
Tel: +44 (0) 20 7466 5000
|
haydale@buchanan.uk.com
|
www.buchanan.uk.com
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Notes to Editors
Haydale is a global technologies group and service provider that
facilitates the integration of graphene and other nanomaterials
into the next generation of industrial materials and commercial
technologies. 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
About Graphene Platform Corporation
Graphene Platform Corp., is a Japanese technology and marketing
organization of Graphene. It was the first to discover and has
patented a fundamental feature for Graphene-Like-Graphite
materials. It defined Graphene-Like-Graphite materials having a
cause of structural disorder for a crystalline of graphite using
XRD index. The Graphene-Like-Graphite materials have versatile
applications, such as graphene composite, as well as
thermal/electrical conductivity, reinforcement, and lubrication
applications as patented by the company.
Over several years, Graphene Platform has established a proven
track record within the research and development community for
producing and distributing high quality CVD and Epitaxial Graphene
and Graphene-Like-Graphite to its customers. The company has a
network of its affiliates in Cambridge, UK and Singapore.
http://grapheneplatform.com
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