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HAYD Haydale Graphene Industries Plc

0.45
0.005 (1.12%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Haydale Graphene Industries Plc LSE:HAYD London Ordinary Share GB00BKWQ1135 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.005 1.12% 0.45 0.44 0.46 0.45 0.445 0.445 5,005,308 15:58:58
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Indl Inorganic Chemicals,nec 4.3M -6.17M -0.0034 -1.32 8.09M

Haydale Graphene Industries PLC Graphene-enhanced tooling and automotive panels

11/07/2019 7:00am

RNS Non-Regulatory


TIDMHAYD

Haydale Graphene Industries PLC

11 July 2019

 
 For immediate release   11 July 2019 
 

Haydale Graphene Industries plc

('Haydale' or the 'Group')

Haydale graphene-enhanced composite tooling and automotive body panels

showcased on new BAC Mono R

Haydale (AIM: HAYD), the global advanced materials group, announces that its graphene-enhanced prepreg has been incorporated in the composite tooling and automotive body panels in the new BAC Mono R, which made its debut at Goodwood Festival of Speed.

Briggs Automotive Company (BAC), working alongside both Haydale and Pentaxia, built the light-weight BAC Mono R body using Haydale's graphene-enhanced carbon composite materials.

The component parts have been formed using Haydale's graphene-enhanced tooling materials. The outcome of the process for manufacturing the body parts is a full visual carbon material which can be lacquered or painted as required. Graphene-enhanced tooling materials offers the potential for significant improvements in the coefficient of thermal expansion (CTE), a key issue with the use of metal tooling, the need for superior quality and higher dimensional stability, and the potential to increase the life of the tools.

Keith Broadbent, CEO at Haydale, commented: "In the development of this project, Haydale has improved the supply chain whilst enabling BAC to increase performance of the material. Whilst this outcome has focused on the automotive sector, the knowledge and improvements made provide a wider opportunity for tooling materials across several markets, particularly where there are throughput constraints."

Ian Briggs, Design Director at Briggs Automotive Company, added: "BAC is forever an innovator, and being able to release a new car fully incorporating the use of graphene is just another example of how we're pushing the boundaries. Niche vehicle manufacturers are of paramount importance in the automotive industry, acting as stepping stones for mass-market production technology - and after the overwhelming success of our R&D project with Haydale and Pentaxia, Mono R could well be a stepping stone for graphene-enhanced composite body panels and tooling reaching the wider automotive industry in the near future."

- Ends -

For further information:

 
 Haydale Graphene Industries plc 
 Keith Broadbent, CEO                    Tel: +44 (0) 1269 842 946 
 Gemma Smith, Global Head of Marketing             www.haydale.com 
 
 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

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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(END) Dow Jones Newswires

July 11, 2019 02:00 ET (06:00 GMT)

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