Print Page | Contact Us | Report Abuse | Sign In | Register
Graphene Updates
Blog Home All Blogs

Researchers Achieve Parallel Arrangement of Graphene in Organic Anticorrosive Coating

Posted By Graphene Council, Friday, July 10, 2020
The marine functional materials group led by Prof. WANG Liping at the Ningbo Institute of Materials Technology and Engineering (NIMTE) of the Chinese Academy of Sciences (CAS), has successfully implemented the directional alignment of graphene nanosheets in organic polymer protective coatings.

This parallel arrangement of nanosheets can give full play to the barrier effect of graphene, thereby enhancing the anticorrosion of organic coatings. The study was published in Chemical Engineering Journal. 

Organic polymer protective coating is one of the most extensively employed and effective anticorrosion strategies for engineering and equipment. However, during the long-term service in the harsh marine environment, corrosive media (such as H2O, O2, Cl-, etc.) will have a strong permeability to the organic coating, resulting in the interface peeling of the coating and the serious corrosion of the substrate. 

Graphene nanosheets with high aspect ratio can effectively enhance their long-term corrosion resistance due to their excellent barrier properties, good chemical stability and antioxidant properties. In particular, the parallel arrangement of graphene in the resin and the optimization and regulation of the structure have always been the core technologies in this field, which are still in urgent need of revolution. 

Through simple dopamine oxidative self-polymerization and ionization reaction, researchers at NIMTE successfully obtained a novel cationic dopamine-reduced graphene oxide (DRGO+) nanosheet as a filler for epoxy coating.

By virtue of the presence of -NH3+ in dopamine coated on graphene, the DRGO+ nanosheets showed excellent dispersion in water-based epoxy emulsion for more than 45 days without precipitation, and could be self-aligned parallel arrangement in the composite coating under the electric field. 

The parallel arrangement of nanosheets immensely improved the barrier effect of graphene, and significantly extended the diffusion path of the corrosive medium, thereby reducing the corrosion rate of the organic coating. 

In addition, -NH3+ on the surface of the new cationic DRGO+ nanosheets could adsorb electrons and Cl-, eliminate local galvanic corrosion, and form a dense passivation layer on the steel surface. 

This work highlights the potential route for the large-scale fabrication of coatings with extraordinary long-term corrosion resistance.

Tags:  Chemical Engineering Journal  coatings  Graphene  nanosheets  Ningbo Institute of Materials Technology and Engin  polymers  WANG Liping 

Share |
PermalinkComments (0)

Global Graphene Group Adds More REACH-Certified Products

Posted By Graphene Council, Thursday, July 2, 2020
Global Graphene Group (G3) has finalized certification for its second and third products with the European Union’s Registration, Evaluation, Authorization and Restriction of Chemicals (REACH). G3’s PS and PDE products join their previously approved PDR products that were REACH certified earlier this year.

G3’s Gi-SL-B series single layer graphene oxide dispersed in water (N002-PS) is now REACH certified. N002-PS contains oxygen-containing chemical groups on the graphene basal plane. It is dispersible in water and available in two standard concentrations at 0.5 wt% and 1 wt%. It possesses polar functional groups and it is electrically and thermally insulating. Potential applications are conductive coatings, wastewater and water filtration, thin films, packaging, biosensors and much more.

G3’s Gi-PW-B050 series few layer graphene oxide powder (N002-PDE) also finalized its REACH certification. N002-PDE is a high-density single layer graphene powders with high oxygen content on its surface, high aspect ratio, and high specific surface area. Potential applications are paints/coatings, composites, defense, military and more.

“Our N002-PDR is the building block for several of our applications including conductive coating and thermal management,” said G3’s Nathan Holliday, Technical Marketing Manager. “Our PDE is a key material in our solutions portfolio for several applications, including paint and coatings, and nano-intermediate solutions.”

“Our team is focused on actively finalizing our REACH certification for our thermal management related products for consumer electronic applications now,” said Holliday.

G3 is registered with REACH under Graphene Oxide to ship 1 to 10 metric tons of its N002-PS and N002-PDE products into the EU annually with C.S.B. GmbH., the only representative for G3 in the EU. The REACH certification for this product secures G3 the right to market the product in Europe.

REACH is a regulation of the European Union, adopted to improve the protection of human health and the environment from the risks that can be posed by chemicals, while enhancing the competitiveness of the EU chemicals industry. It also promotes alternative methods for the hazard assessment of substances in order to reduce the number of tests on animals. REACH establishes procedures for collecting and assessing information on the properties and hazards of substances.

G3 is also a proud member of the REACH graphene consortium, taking an active role in how graphene solutions are handled in Europe.

Tags:  biosensors  Coatings  composites  Global Graphene Group  Graphene  Nathan Holliday  REACH 

Share |
PermalinkComments (0)

Applied Graphene Materials signs distribution agreement with Dichem Polymers SA, Greece

Posted By Graphene Council, Saturday, June 6, 2020
Applied Graphene Materials (AGM) is pleased to announce it has signed a distribution agreement with Dichem Polymers SA (Headquarters Acharnes, Greece). The agreement helps to extend AGM’s commercial reach directly into the coatings and polymers sectors across Greece.

Founded in 1977, Dichem Group, has a strong history of delivering high performance chemicals to a wide range of markets including cosmetics, pharmaceuticals, food industry, polymers and coatings. The company’s focus on supporting customers technically allows them the opportunity to actively participate in R&D programmes to establish new technologies in their selected sector.

AGM and Dichem have an exclusive agreement that will see the two companies collaborate on customer opportunities and introduce AGM's proprietary Genable® graphene dispersions technology into the Greek coatings and polymers market.

In addition to its own commercial hubs in the U.K. and the United States, AGM now has distribution agreements with local expert chemicals and coatings distributors in Greece, Italy, South Africa and Japan.

Adrian Potts, AGM CEO commented:
“I am really pleased to be able to continue the development of our platform for revenue generation with the addition of Dichem Polymers SA to the commercial team. Having done the hard work of developing graphene dispersions as the primary route to utilisation of nanoplatelet technology, we are pleased to be able to offer our standardised product offering to the global market through a strong distribution network across a growing number of countries. We are keen to see the development of revenue through this approach from the sale of both our easy-to-use Genable® dispersions as well as customised product offerings to suit individual customer project requirements.”

Demetrios Gkikas. Dichem Polymers CEO commented:
“We are very pleased to have started a collaboration with AGM, a highly innovative organisation, with a technology that we expect to have significant growth in the Coatings Industry in the coming years. We believe that our long-standing relationships with local customers on one hand, and the high level of expertise of AGM on the other, will provide a clear benefit for those seeking a high-quality solution in certain sections of the Paint Industry. From our side we will do all we can to ensure this collaboration is very successful”.

Tags:  Adrian Potts  Applied Graphene Materials  coatings  Demetrios Gkikas  Dichem Polymers  Graphene  polymers 

Share |
PermalinkComments (0)

First Graphene’s Ability to Supply High-Quality Graphene at Volume Secures a Supply Contract

Posted By Graphene Council, Wednesday, May 27, 2020
First Graphene Ltd, the leading global producer of advanced graphene products, has signed an exclusive supply agreement with planarTECH (Holdings) Ltd, a global leader in graphene process equipment and graphene-enabled products.  First Graphene will supply high-quality PureGRAPH® nanoplatelets in large-scale volumes for use in planarTECH’s coating formulation for face masks and PPE.  

Under the supply contract, planarTECH will exclusively source graphene additives from First Graphene over a 2-year term with the agreed initial minimum quantity to be 1000kg in the first year.  A further 2 terms to follow the initial term included in the contract.

First Graphene recently partnered with planarTECH to develop a robust supply chain for the manufacture of innovative graphene-enhanced personal protective equipment.  Initial testing of PureGRAPH® has been completed and planarTECH will use this product in their proprietary coating to provide anti-static and bacteria-resistant properties to their range of face masks.

planarTECH has been experiencing increased demand for these products as world populations seek protection from airborne infection.

First Graphene has a well-established and robust supply chain for the manufacture of their high performing PureGRAPH® graphene products and have an already proven successful formulation that disperses uniformly into polymer coatings.

Craig McGuckin, Managing Director for First Graphene Ltd., said, “planarTECH have moved very quickly to test and commercialise their new range of graphene face masks and we are delighted to enter this contract to support the growth of their business.  Clearly, further opportunities exist in the development of planarTECH’s other PPE equipment.”

Ray Gibbs, Chairman for planarTECH (Holdings) Ltd., said, “We have experienced substantial, rapid and qualified enquiries for the graphene mask.  The 35 or so we are pursuing all require a fast turnaround of 2-3 weeks where potential orders could be very significant.  This increasing demand has meant we needed to secure a robust graphene supply to ensure we met the known market demand.  We have been impressed with the speed of response and high quality, consistent product from First Graphene which is crucial in urgently supplying this much needed product across the world.”

Tags:  coatings  Craig McGuckin  FIrst Graphene  Graphene  planarTECH  polymer  Ray Gibbs 

Share |
PermalinkComments (0)

AGM delighted to announce development of commercial team

Posted By Graphene Council, Thursday, April 30, 2020
AGM is delighted to announce the promotion of Andy Gent and Sam Whitehead as part of the development of its commercial team.

From the end of April, Nigel Blatherwick, Commercial Director, will be leaving AGM to pursue a different career path. AGM would like to thank Nigel for his dedicated service and wish him well with his plans for his new role.

Nigel Blatherwick commented:
I’d like to take the opportunity to wish AGM and its customers all the best. I firmly believe over the last 5 years the AGM team has created a business with a second-to-none understanding of how best to apply and exploit new graphene technology into the coatings and composites industry and the steady stream of new customer applications points to an exciting future.

Taking over from Nigel, Andy Gent is appointed to the role of Commercial Director. Andy originally joined AGM’s business development team in January 2018 having previously managed the European TERATHANE® business for INVISTA. Following on from his degree in Colour and Polymer Chemistry, Andy spent 10 years in research and development, before transitioning into sales initially with Clariant followed by Evonik TEGO® then moving to INVISTA. With over 20 years’ experience in the coatings industry in both technical and European sales management roles, AGM believes Andy is the perfect fit to guide the business through the next stages of its growth plan.

Andy Gent commented:
“I am thrilled; this is something that I have been working hard towards since starting my MBA and I am delighted to have been given this opportunity. This is a very exciting time in AGM’s history and I am looking forward to playing a pivotal role in the successful growth of the revenue base of the organisation.”

To support Andy, the UK Sales Manager role has been filled with the promotion of Sam Whitehead. A scientist by training, Sam studied Chemistry at Leeds University before developing his coatings experience with AkzoNobel. Having originally joined AGM’s technical team in November 2018, Sam has played a key part demonstrating the benefits of our graphene additives in anti-corrosion applications with customers, as well as developing the new graphene dispersions that we offer for coatings systems.

Sam Whitehead commented:
I was delighted to hear about the promotion to the sales team. I believe I can make a real impact on the growth of AGM, and I really look forward to connecting with new clients to forge new business relationships and achieve success in graphene integration in their products.

Adrian Potts CEO said:
I am excited for the opportunity that this change presents and look forward very much to Andy and Sam’s input in developing our sales approach and growing our revenue results. We have clear commercial targets to achieve and I’m confident in our team to do the absolute best to get us there together.

I would also like to put on record my thanks to Nigel. He and I joined the company the same week a number of years ago, and we have worked together tirelessly to get the company to where it is today.

Tags:  Adrian Potts  Andy Gent  Applied Graphene Materials  coatings  Graphene  Nigel Blatherwick  Sam Whitehead 

Share |
PermalinkComments (0)

Global First as Talga Graphene Coating Begins Commercial-Scale Trial on Ocean-Going Cargo Vessel

Posted By Graphene Council, Thursday, April 23, 2020
Advanced battery anode materials and graphene additives provider Talga Resources Ltd is pleased to announce the commencement of a commercial scale trial of a Talga graphene-enhanced coating applied to a 33,000t container ship. The result is expected to be a range of environmental and economic benefits, which for marine applications includes improved corrosion resistance, decreased metallic paint loss into oceanic ecosystems and increased efficiency through lowering dry-docking cycles.

Believed to be the world’s largest single application of graphene, the 700 m2 coating of the cargo vessel’s hull is part of advanced testing of Talga’s functionalised graphene (Talphene®) additive as a performance booster for existing commercial marine coatings (part of the global 54 million tonne per annum paint and coating market1). The commercial-scale application follows completion of in-house development and patent pending technology that successfully translates graphene’s exceptional mechanical properties into paint and coatings. The result is expected to be a range of environmental and economic benefits, which for marine applications such as shipping and offshore infrastructure includes improved corrosion resistance, decreased metallic paint loss into oceanic ecosystems and increased efficiency through lowering dry-docking cycles.

The freshly coated ship is now at sea and over the coming 12-18 months the Talphene-coated area will be evaluated in the harsh real-life conditions of global cargo shipping.

Talga Managing Director, Mr Mark Thompson: “The maritime coating sector is a very large market and well suited to use of our Talphene® graphene additives for improved environmental and economic outcomes. Additionally, by successfully taking this new product from the laboratory to commercial scale application on a 33,000 tonne ship, being tested across global marine environments, we are showcasing our graphene’s real-world potential as a bulk industrial product.” Marine coatings market

Within the global ~54 million tonne per annum paint and coatings market2, the marine coatings segment is projected to grow to USD$12 Billion by 2024. Drivers for new coating technologies include environmental and regulatory demands, fuel efficiency, construction costs (pre-fabrication) and maintenance costs. Growth in emerging economies such as China, India and Brazil are large volume drivers while in terms of value, the Asia Pacific marine coatings market is projected to grow at the highest CAGR during the forecast period3. Key players operating in the marine coatings market include Hempel (Denmark), Jotun (Norway), AkzoNobel (Netherlands), PPG Industries (US), Sherwin-Williams (US), Chugoku Marine Paints (Japan), Nippon Paint (Japan), Kansai Paint (Japan), Axalta (US), and BASF Coatings (Germany).

Talphene® coating product development

Coatings are one of Talga’s key target products due to the large volume market and graphene’s potential to provide substantial new levels of performance and environmental sustainability. For maritime applications, Talga’s additive development has included multi-stage testing to optimise graphene loadings (i.e. quantities) and Talga’s unique patent-pending dispersion technology for epoxy based commercial primer coating systems. Testing by Talga included industry accepted ASTM prescribed Salt Fog Test (ASTM B117) where steel panels coated with epoxy primer containing Talphene additive showed improved corrosion protection performance compared to ‘state of the art’ commercial systems currently used world-wide in large volumes.

Further evaluation included mechanical performance tests, carried out to ASTM standard by the highly recognised research organisation The Welding Institute (TWI), as the coated surfaces of ships and maritime infrastructure are exposed to considerable abrasion and mechanical damage during service. The results showed a significant improvement in primer performance, including greater adhesion to the substrate (by ~7%), greater interlayer adhesion to the subsequent (antifouling) coating systems (by ~14%) and consistent improvement in abrasion resistance.

These improvements in performance were a notable outcome for this highly optimised industry, indicating that graphene’s exceptional mechanical properties translated into the coating system and warranted commercial-scale trials.

Commercial ship application & trial details

Based on the successful lab results, plans were drawn up for a major commercial scale application and sea trial. A 2-part epoxy based commercial coating system was purchased and mixed with the Talphene additive before dispatch to the ship management company for application during vessel dry docking (carried out every ~5 years for ships this size). The test areas along the ship’s starboard side, both below the water line and above in contact-wear sites, were blast cleaned to remove prior paint systems before the Talphene-enhanced primer coating was applied (next to a test reference coating without Talphene) in two coats, using manual spray systems. A major challenge of the product development was to translate the positive lab-scale tests into practical, large-volume use by on-site commercial applicators. The successful application of the Talphene-enhanced coating without any adverse effect in terms of stability in resin, application, curing and surface features is a highly positive step forward in the commercialisation process. The test areas have been over-coated with the standard topcoats used on the rest of the vessel and marked to ensure identification during service. Periodic inspection will be carried out over the next 12-18 months to determine real world performance.

Next steps

Talga intends to continue development of this Talphene additive for marine coatings under its range of paint and coating additives now trademarked as Talcoat™. The next steps include a trial of the additive as an after-market product, to be mixed into the coatings on-site by the commercial applicators, as opposed to being dispersed by Talga prior to despatch. Talga has also identified a range of potential commercial partners and commenced discussions, under NDA, regarding the incorporation of Talcoat products into their existing and new coating product lines4. The company notes that these negotiations are preliminary, and further updates will be released as and when any definitive commercial agreements are reached.

Tags:  Coatings  Corrosion  Graphene  Mark Thompson  Talga Resources 

Share |
PermalinkComments (0)

Preventing metal pipe corrosion

Posted By Graphene Council, Wednesday, April 22, 2020
A thin, single layer of graphene material only 1 atom thick may reduce metal pipe corrosion rates as much as 100 times, according to Govind Chilkoor, a research scientist at the South Dakota School of Mines & Technology. These new crystalline 2D materials could mean big savings to industries.

Corrosion costs the U.S. water and wastewater industry about $36 billion annually, or 3.1% of the nation’s gross domestic product, according to a 2002 U.S. Federal Highway Administration study. Those annual losses have now risen to an estimated $58.5 billion.

“All the piping and equipment used to treat water and wastewater can be prone to corrosion,” explained Chilkoor. He developed and tested 2D materials as part of his doctoral work at South Dakota Mines under the tutelage of associate civil and environmental engineering professor Venkata Gadhamshetty, who received a National Science Foundation CAREER award to support the 2D materials research for microbial corrosion research.

As part of that project, Chilkoor examined whether 2D materials can reduce the impact of sulfate-reducing bacteria, one of the main culprits responsible for corrosion in the water and wastewater industry. “Steel exposed to chemicals corrodes at a rate of 1.3 milliinch (thousandths of an inch) per year, but in the presence of sulfate-reducing organisms, it will corrode 24 milliinch per year,” he said.

Bacterial buildup and corrosion

As wastewater flows through a metal pipe, sulfate-reducing bacteria begin colonizing the interior surface and form a slimy film within 10 days. The bacteria excrete a sticky polymer substance and, as the microorganisms accumulate, form a biofilm. “If you put a biofilm under a scanning electron microscope, you will see lots of live bacteria,” he explained.

The sulfate-reducing bacteria corrode the metal in several ways, Chilkoor said. First, the bacteria pull electrons from the steel surface. Second, the bacteria consume organic matter in the wastewater, producing hydrogen sulfide that then erodes both cast iron and stainless steel.

Applying polymer coatings to reduce corrosion has had limited success. The thin plastic coatings are prone to biodegradation. “The microbes get into small pores in the coating and consume the plasticizer in the polymer,” Chilkoor explained.

Polymer coatings can also become brittle, crack and peel, which then releases toxins from pigments and organic compounds in the polymer into the water. “This can be a problem for humans and aquatic life,” he noted.

Furthermore, for applications such as heat exchangers designed to cool a hot liquid, the polymer coatings can disrupt functionality, Chilkoor pointed out.

Developing 2D materials

“With 2D materials, we can make thin coatings, less than 1 nanometer thick,” he explained. When Chilkoor applied 2D graphene to metal and exposed it to sulfate-reducing bacteria in what is known as a corrosion cell, the microbes did not attach to the surface.

“Graphene can be very antimicrobial. It can induce oxidative stress and the bacteria will die,” he said. In addition, graphene is highly conductive and will have good heat transfer in a heat exchanger.

“What’s exciting about 2D graphene is the thinner it gets, the stronger it is,” he said. “One single sheet is very strong, in terms of tensile properties and Young’s modulus.”

While polymer coatings use a filler to enhance strength and reduce porosity, 2D materials can use 1 to 2% as much material and get the same properties as a polymer with 60% filler, Chilkoor explained.

In addition, he developed a 2D material using hexagonal boron nitride. Known as white graphene, its properties are similar to graphene, Chilkoor explained. “A single layer of boron protects metal, but it is electrically insulating.”

Chilkoor and Gadhamshetty are continuing their work through the state’s newest research center, 2D-materials for Biofilm Science and Engineering Centerr, or 2DBEST, which seeks to build nanocoatings for corrosion prevention and agricultural and other applications. Gadhamshetty is one of the center’s lead researchers working on 2D materials and metal corrosion.

The research center is funded through a five-year, $20 million National Science Foundation Research Infrastructure Improvement Track-1 grant awarded to the South Dakota Established Program to Stimulate Competitive Research and the South Dakota Board of Regents. Faculty from 11 South Dakota universities and colleges are involved in the center, including eight South Dakota State University researchers who will use 2D graphene to improve the ability of nitrogen-fixing bacteria to colonize soybean roots.

Currently, the corrosion group is using chemical deposition equipment, which accommodates only small metal pieces, to synthesize the 2D materials, Chilkoor said. To bring 2D materials to a commercial market, “we need to coat a whole pipeline.”

Gadhamshetty said,“ The goal of the 2DBEST is not only to be on the cutting edge with respect to 2D materials synthesis equipment and expertise, but equally significant is to use this research to understand and cater to the unique needs of agriculture, biotechnology and coating industry and small scale businesses in South Dakota and beyond.”

As part of 2DBEST’s infrastructure-building efforts, the researchers will purchase new chemical vapor deposition and pulsed laser deposition equipment that will help move 2D materials toward commercialization.

Tags:  2D materials  coatings  Corrosion  Govind Chilkoor  Graphene  South Dakota School of Mines and Technology  Venkata Gadhamshetty 

Share |
PermalinkComments (0)

AGM’s Extensive development and testing capabilities – key to the successful early adoption of graphene in coating applications

Posted By Graphene Council, Wednesday, April 15, 2020
Graphene is an exciting new material technology. However, as with many completely new materials, introducing it to long-established industrial markets can prove a lengthy and resource intensive process. That is why Applied Graphene Materials (AGM), who are leading the way in introducing graphene to the coatings industry, has invested extensively in its development and testing capabilities, providing an unparalleled level of technical support to a global customer base moving to adopt graphene as early as possible.

The introduction of AGM’s Genable® dispersion range has provided coating industry formulators with a valuable toolbox of production-ready, easy-to-use graphene additives, all proven to deliver exceptional enhancements to barrier and anti-corrosion properties. AGM’s innovation partners have benefitted greatly from an end-to-end approach to product integration support, providing access to a team of experienced coatings formulators and an array of industry leading characterisation and testing equipment.

First stop in any development programme is AGM’s technical support team which boasts extensive experience in coatings formulation and integrating novel products into manufacturing processes. AGM’s team works closely alongside partners and ensures all development and scale up programmes remain on track to clearly defined technical and commercial objectives.

 Supporting the highly knowledgeable technical service team, is a comprehensive assortment of materials characterisation and testing

equipment. Within AGM’s laboratories, customers have access to a full coatings testing capability ranging from dispersion stability assessment, mechanical property measurements and a range of accelerated barrier performance testing equipment including electrochemical impedance spectroscopy, salt spray (neutral salt spray and prohesion), immersion testing and QUV weathering testing.  All testing is completed to industry standards and to precise customer needs. 

Along with an impressive array of testing capability, AGM is able to support customers with a substantial library of Technical Application Notes. These have been written specifically to guide customers through the process of formulating with this novel graphene materials and to enable a clear understanding of the route to successful integration.

AGM’s strategy is one of full and open collaboration and the recent steady flow of graphene enhanced coatings launches by customers is a strong testament to the success of this approach.

Tags:  Applied Graphene Materials  coatings  Graphene 

Share |
PermalinkComments (0)

Applied Graphene sees revenues tick up as product list grows

Posted By Graphene Council, Wednesday, April 8, 2020
Applied Graphene Materials said its revenues this year have already exceeded the previous year by 20% as it reported interim results on Wednesday.

The group said several products were launched in 2019 using its graphene dispersion technology including an anti-rust paint primer in collaboration with JBL that Halfords started to stock in October.

Alltimes Coatings' roofing coating system using graphene was introduced in August, while Blocksil launched a harsh environment anti-corrosion product in January, it added.

Applied Graphene said its revenues rose to £35,000 in the half-year to January and are up to £60,000 for the year-to-date.

The group's interim loss fell to £2.28mln from £2.37mln, while the company had cash of £4.3mln at the period-end, which it says is sufficient to carry it through to the fourth quarter of 2021.

The company said it is monitoring the coronavirus situation but as the group is at such an early stage of development it does not expect much impact on its cash forecast, with restrictions on travel likely to boost its liquidity position.

Tags:  Applied Graphene Materials  Coatings  Corrosion  Graphene 

Share |
PermalinkComments (0)

Applied Graphene Materials sees revenues rise on back of new product launches

Posted By Graphene Council, Tuesday, March 31, 2020
Sales at Teesside's Applied Graphene Materials (AGM) have already exceeded 2019’s total by 20%, according to the firm’s latest interim results.

Revenues rose to £35,000 in the six months to January and are up to £60,000 for the year-to-date, having recorded particularly strong sales in February.

AGM, which is a leading innovator in the manufacture and application of graphene powder, said the business is in a strong position to support further growth, with net cash of £4.3m at the period end – enough to see it through to the fourth quarter of 2021.

Interim losses narrowed to £2.28m compared to 2019’s £2.37m.

The group, which has its headquarters at The Wilton Centre, launched a number of new products last year using its graphene dispersion technology, including an anti-corrosion primer in collaboration with JBL, that bike and car parts specialist Halfords started selling in store and online last October.

Other collaborations included the roll-out of a liquid coating roofing system last August with Alltimes Coatings and a graphene-enhanced anti-corrosion product in January this year for harsh environment industrial application, in conjunction with Blocksil.

A strategic review has shown that Asia has the potential to be a core market for AGM, with the firm saying it had a “positive engagement” with investors in Beijing in October 2019, though the coronavirus outbreak has delayed a follow-up.

AGM, which has sales desks in the UK and Kentucky and Oklahoma in the US, said it is closely monitoring the coronavirus situation and has taken the appropriate precautions to keep employees safe. It doesn't expect the coronavirus pandemic to impact on its cash flow, with remote working and a decrease in travel likely to boost its liquidity.

Chief executive Adrian Potts said : “I am pleased that AGM has continued to make good progress in converting customer engagement into product launches, with several applications launched in the period that are now available to retail as well as specialist industrial customers.

“Our progress continues to be underpinned by AGM’s industry-leading know-how in graphene dispersion and application. We are building an ever-increasing bank of supporting data that will help us accelerate customer application and testing, while the standardisation of a number of our graphene products will also make our material more acceptable to a broader customer base.

“Our focus remains on helping our customers realise the significant commercial potential the incorporation of graphene can offer them. We are confident that our pipeline of engagements is moving progressively towards further product launches and growing revenues in the near-term, with these successes expected to come primarily from our focus area of paints and coatings.”

AGM was founded by Prof Karl Coleman in 2010 with operations and processes he initially developed at Durham University. In 2013 the firm was admitted to the London Stock Exchange’s AIM for smaller companies and expanded its infrastructure to go global.

AGM uses the materials it manufactures to assist customers across a range of sectors who are producing graphene-enhanced products, and the company has a primary focus on anti-corrosion primers’ and coatings.

Tags:  Adrian Potts  Applied Graphene Materials  Coatings  Corrosion  Graphene 

Share |
PermalinkComments (0)
Page 1 of 4
1  |  2  |  3  |  4