Applied Graphene Materials PLC AGM sign distribution agreement with Carst&Walker

TIDMAGM

Applied Graphene Materials PLC

03 June 2019

03.06.19

Applied Graphene Materials expands reach in global coatings market, signing distribution agreement with industry leading Carst & Walker

Applied Graphene Materials (AGM) the producer of speciality graphene materials announces that the Company has signed a distribution agreement with Carst & Walker (C&W) that will extend the Company's commercial reach into the South African chemical markets. C&W are part of Hobart Enterprises Ltd, who operate across multiple global markets.

C&W SA is the market leading supplier of key additives to the South African paints and coatings industry, providing proprietary technical expertise to this well-established customer base. AGM and C&W have an exclusive agreement that will see the two companies collaborate on opportunities in the South African market and introduce AGM's proprietary Genable(R) product into the South African coatings market. The companies are also collaborating on opportunities in other territories.

C&W companies are well established market leaders, distributing chemical materials for applications in the coatings, adhesives, plastics, personal care, food and rubber industries. They have offices and warehousing facilities in South Africa, Kenya and Australia.

Adrian Potts, CEO of AGM, said:

"AGM's Genable(R) anti-corrosion dispersion technologies are achieving growing industry recognition and commercial traction. It is important that we establish a highly credible, robust and technically reactive distribution network as we focus on expansion into international markets. Carst & Walker are a great partner for AGM as we enter new geographic territories and the relationship provides an excellent route to market for our products. In particular, as we are introducing a new technology, it is essential that our distribution partners are well trusted by their customer base and have a proactive and knowledgeable sales team to support new products. Carst & Walker meet this requirement and we look forward to exciting developments over the coming months in this territory."

Phil Hinton, Director & International Business Manager (Adhesives and Coatings), said

"We have been tracking the technology development of AGM's graphene and Genable(R) dispersion and having seen first-hand the outstanding results they are achieving, particularly the area of anti-corrosion performance, we are very excited by the opportunity to support their ambitious growth plans. In the build up to signing the agreement we have made extensive market soundings with our customer base and have already engaged with several key players in the South African market"

For further information please contact AGM Sales Office on

Tel: + 44(0)1642 438214

or Email: [e-mail]

For media enquiries please contact

Emily Dillon/Kristiana Brooks

Tel: [phone]

About Applied Graphene Materials

Applied Graphene Materials works in partnership with its customers using its knowledge and expertise to provide custom graphene dispersions and formats to deliver enhancements and benefits for a wide range of applications. The Group's strategy is to target commercial application in three core markets: coatings, composites and polymers and functional fluids.

The Group has developed proprietary bottom-up processes which are capable of producing high-volume graphene nanoplatelets using a continuous process. The manufacturing processes are based on sustainable, readily available raw materials and therefore do not rely on the supply of graphite, unlike a number of other graphene production techniques. Applied Graphene Materials owns the intellectual property and know-how behind these processes.

Applied Graphene Materials was founded in 2010 with its operations and processes based on technology that Professor Karl Coleman initially developed at Durham University. The Group was admitted to AIM in November 2013.

About Carst & Walker (South Africa)

Carst & Walker (C&W), was established in South Africa in 1934 having commenced business as an indent agent, concentrating on the importation of commodity items such as tea, coffee and vegetable oils, under the name of A.W.Jones, Walker & Carst (Pty) Ltd. The business in natural products developed to include items such as timber, rice and spices and expanded into the importation of specialty manufactured raw materials, which included textiles, chemicals, plastics and synthetic rubber.

Over the years, CWSA has grown to become a substantial importer and distributor of chemical raw materials which find application in the adhesive, coatings, food, paper, plastics, personal care and rubber industries. The company has offices and warehousing facilities in all the major centres in South Africa and is proud to be a key distribution partner to many major multinational manufacturing companies for whom it distributes on an exclusive basis. In addition, it also offers a comprehensive range of traded speciality and commodity chemicals.

Carst & Walker South Africa is an ISO 9001 registered company providing consistently high levels of technical, logistical and financial service to its customers and suppliers alike. It is owned by Isle of Man registered Hobart Enterprise Limited.

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June 03, 2019 02:01 ET (06:01 GMT)