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VRS Versarien Plc

0.0943
-0.0137 (-12.69%)
23 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Versarien Plc LSE:VRS London Ordinary Share GB00B8YZTJ80 ORD 0.01P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.0137 -12.69% 0.0943 0.0906 0.098 0.1005 0.1005 0.10 12,077,665 16:35:18
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Chemicals & Chem Preps, Nec 5.45M -13.53M -0.0091 -0.11 1.61M
Versarien Plc is listed in the Chemicals & Chem Preps sector of the London Stock Exchange with ticker VRS. The last closing price for Versarien was 0.11p. Over the last year, Versarien shares have traded in a share price range of 0.058p to 1.90p.

Versarien currently has 1,488,169,507 shares in issue. The market capitalisation of Versarien is £1.61 million. Versarien has a price to earnings ratio (PE ratio) of -0.11.

Versarien Share Discussion Threads

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DateSubjectAuthorDiscuss
05/10/2018
07:10
china daily.Updated: 2018-10-05 08:15

"Graphene moves from hype to reality"

"UK-based advanced materials engineering company Versarien is currently building a graphene factory in Jinan, Shandong province."

www.chinadaily.com.cn/a/201810/05/WS5bb6ad40a310eff303280bd6_5.html

jointer13
05/10/2018
07:09
-
UK-based advanced materials engineering company Versarien is currently building a graphene factory in Jinan, Shandong province.

"It's a brand-new science, and China is trying to take the lead, and is willing to invest heavily to create that lead," said Neill Ricketts, chief executive at Versarien.

dafad
05/10/2018
07:08
"Wonder how many could benefit from +nanene"

all of them - they probably just don't know it. Yet...

club sandwich
05/10/2018
07:00
Indeed, super. 1000's of patents filed, billions spent on R&D. Wonder how many could benefit from +nanene ? Imo. Best ellis
ellissj
05/10/2018
06:59
Sci-tech

Graphene moves from hype to reality

2018-10-05 12:59:47 Huang Mingrui

A lightbulb with a filament made using graphene. (Photo by ANGUS McNEICE/China Daily)

It's been 14 years since the discovery of graphene, and the world is still waiting for the "wonder material" to provide the groundbreaking innovations the initial headlines promised.

We were told our cars, computers and smartphones would be enhanced by graphene, and that the ultra-versatile form of carbon would usher in an era of wearable electronics and prevent droughts by enabling the filtering of salt from seawater.

One entrepreneur promised unlimited energy from below the Earth's surface via a graphene cable, and another suggested a graphene space elevator tethered at the equator.

In a world currently void of futuristic graphene-based gadgets, many are now questioning whether the material will live up to the hype. According to James Baker, chief executive of Graphene@Manchester, it will, and that moment may be just around the corner, he said.

"We are approaching a tipping point," said Baker. "In 12 to 18 months, you will start to see graphene products hit the marketplace at an ever-increasing pace."

Baker leads business-related development of graphene at the University of Manchester, where the National Graphene Institute is known as the heart of global graphene research.

"Having all of these capabilities in one building is what attracts people from everywhere," said Xiao Ping, a professor of materials science at the University of Manchester. "They come here and say this is the place for fundamental research. We can't compete with you, so we will collaborate with you."

Both Chinese telecommunications giant Huawei and the Aero Engine Corporation of China are conducting research at the NGI, a facility President Xi Jinping toured during his state visit to the United Kingdom in 2015.

The Chinese and British governments have since formed joint graphene working groups that make it possible for researchers to work together to create a future built on graphene.

Through these efforts, Baker said graphene and many of its associated products are close to overcoming two major obstacles faced by all emergent technologies. First, the "valley of death", in which a lack of funding kills off prototypes on their journey from lab to factory. And, second, the "trough of disillusionment", which lies between the initial hype around an innovation and its eventual real-world applications.

Looking beyond the hype

Grab a pencil and some sticky tape, and you're holding the lab equipment necessary to win a Nobel Prize.

In 2004, Konstantin Novoselov and Andre Geim, two physicists at the University of Manchester, discovered graphene by peeling apart layers of graphite using adhesive strips.

At just the width of an atom across, graphene is the thinnest material known to humans, and also the strongest.

In graphene, carbon atoms are arranged in a hexagonal lattice formation, similar to the pattern of chicken wire.

Strong covalent bonds between the atoms give graphene a tensile strength 325 times greater than steel, while maintaining flexibility and elasticity. Graphene is also an efficient conductor of heat and electricity, and is ultra-lightweight.

The discovery instigated a whirlwind of speculation into how the new material could change the world.

"But graphene is just a teenager," said Baker. "Right now, we are in the 'trough of disillusionment', and we are starting to climb out of it."

Part of the journey through a hype cycle requires an adjustment of expectations, said Khasha Ghaffarzadeh, a director at Cambridge consultancy IDTechEx who has been conducting market research into graphene since 2006.

"There is a difference between ideal graphene, the wonder material, and commercial graphene, which is more down-to-earth," said Ghaffarzadeh.

He explains that there are numerous varieties of graphene-sheets, flakes, and powders made of multi-layered or few-layered graphene to name but a few-and most are currently used as an additive to improve the performance of other materials.

There is even debate over whether certain additives can be classed as graphene. Last year, China and the UK formed a graphene standardization working group aimed at ensuring quality control in the market.

On the nano level, single-layer graphene has fantastic properties. On a larger scale, some forms of graphene act like graphite, while others behave like an oxide.

This makes it challenging to convince industry to turn to graphene, where the material would compete with other additives that are cheaper and only marginally poorer performers.

But several products enhanced by graphene are already on the market in China. Beijing Carbon Century Technology produces an energy-saving graphene modifier for engine oil. Wuxi-based GMCC Electronic Technology makes a graphene-enhanced supercapacitor that is an alternative to electrochemical batteries and has a shorter charge time. Beijing-based Xiaomi and Guangzhou-based FiiO have incorporated graphene into headphone drivers. And other Chinese companies sell optical displays, LED light bulbs, and tires that are all enhanced with graphene.

Huawei has been tipped to release a smartphone with graphene-assisted batteries in the near future. The batteries are said to be able to charge fully in a matter of minutes and have an increased capacity.

Huawei has been one of the fastest adopters of graphene in its industry. The company's founder, Ren Zhengfei, is optimistic about the material's ability to dramatically change the electronics technology.

In 2016, Huawei developed a graphene-enhanced lithiumion battery for mobile network-base stations that remains functional at extreme temperatures.

Huawei is currently three years into a joint research program at the NGI that is exploring how graphene could be used in next-generation communications technologies.

"The University of Manchester has enormous expertise and the best facilities for working with the material," said Chen Lifang, a corporate senior vice-president at Huawei.

Elsewhere within the NGI's labyrinth of laboratories, Xiao Ping is leading a project for the Beijing Institute of Aeronautical Materials, or BIAM, which is a subsidiary of the Aero Engine Corporation of China.

The project he is working on is looking to accelerate the use of graphene in the aviation industry.

"Right now, we are focused on fundamental research," said Xiao. "And we have found that graphene can be used as an additive to increase the performance of several other materials."

Xiao's research has shown that graphene can prevent the growth of cracks in ceramics, which are used in internal combustion engines.

Bridging the valley

Baker said that for graphenebased products to move from concept to commercialization, they must overcome the "valley of death" problem.

Governments and universities will back initial research, and the private sector will invest in a product that can be replicated at scale. But there is a gap between those two development phases in which innovation is starved of funding.

To bridge this gap, the University of Manchester and the UK government have invested 60 million pounds ($78 million) into the Graphene Engineering and Innovation Center, otherwise known as GEIC (pronounced "geek"). The cavernous facility will switch on its machines later this year. It will allow companies to use the equipment to replicate prototypes by the dozen, proving to investors that inventions are scalable.

"Companies from China and elsewhere can come here with an idea for a product and develop it," said Baker. "It's a make-or-break space for some of the ideas we've come up with around graphene. If we do that successfully, we will increase the pace of graphene products into the commercial sphere."

And those Chinese companies have the support of a government that has doubled down on advanced materials.

China leads the way

China has emerged as a key territory for graphene production. In China's 13th Five-Year Plan (2016-2020) that started in 2016, new materials development is listed among the leading sectors of the national economy.

Around 3,000 Chinese companies are exploring uses for graphene, according to government statistics, while half of the world's graphene-related patents have been filed in China.

China now has close to 75 percent of the nominal global production capacity for graphene, according to IDTechEx, and the price of graphene has fallen from several thousand dollars a gram to around $75 a kilogram during the last decade. Production capacity is expanding, as foreign companies follow demand and establish operations in China.

UK-based advanced materials engineering company Versarien is currently building a graphene factory in Jinan, Shandong province.

"It's a brand-new science, and China is trying to take the lead, and is willing to invest heavily to create that lead," said Neill Ricketts, chief executive at Versarien.

Ghaffarzadeh predicts that, during the next five to 10 years, graphene will mostly be restricted to the additive market.

"But that is not to say that there won't eventually be those truly groundbreaking results down the line," he said. "Graphene really does have fantastic properties and its potential is huge

dafad
05/10/2018
06:57
Neill mentioned cali as place to be re new tech in yesterdays poddy. see this trade show coming up. Best ellis.

'Graphene and 2D Technology, Applications & Opportunities November 14 - 15, 2018 Santa Clara Convention Center, CA, USA'

ellissj
05/10/2018
06:51
I'm not sure why these big companies keep showing such and interest in graphene and all these patents.

Why do they do it? Why do they not listen to the city who will tell them graphene is just hype and they are wasting their time. :-)

superg1
05/10/2018
06:48
No idea babbs. Dyson paid $$$ for a rival US solid state battery tech firm, but recently announced it hasn't turned out well ? Imo. Best ellis
ellissj
05/10/2018
06:46
Wonder if hyundai and kia would be interested in top notch +nanene to further this product development ! They registered this patent in 2013. Imo. Best ellis
ellissj
05/10/2018
06:39
Isn't that similar to what ika do on aim? And their battery is already under test with 3rd parties...
babbler
05/10/2018
06:36
The battery race is ever on, quickened by demise of diesel no doubt. Hyundai here. Best ellis
ellissj
05/10/2018
05:59
I'm not old...
Just the ferry into Liverpool arrives at an u godly hour.
Ok...I'm a bit old.

cazzer69
05/10/2018
05:42
one of the downsides of having so many old(ish) gimmers on this thread - we need less sleep ;-)
club sandwich
05/10/2018
05:41
Gees Guys, I have heard the early bird catches the worm but we will have a full house at this rate and it's still only 05.40!!! The good thing about Rainbow, even if the sun is shining through the rain, we cannot see him at this hour.
ridicule
05/10/2018
05:30
Dear rainbow looks like blue skies ahead ! Enjoy!
bobsworth
05/10/2018
05:19
Woke up at 4, couldn't get back to sleep...
club sandwich
05/10/2018
05:15
Club can you not sleep? I just woke up in the arm chair!!
ridicule
05/10/2018
04:34
"But $200B in China alone.. if we want to be realistic, that would surely have to be in at least 10+ if not 20 years no? That would already be amazing if it is 5% of that in 5-10 years!"

that $200bn was within the next five years. No idea how realistic that is, but that's what was said...

club sandwich
05/10/2018
00:46
Yes, yes! Get it open!Then, don't forget to close it again, about half four... thanks in advance.
festario
05/10/2018
00:18
Zzzzzzzzzz
shavian
04/10/2018
23:15
dreaming of an RNS...
haz101
04/10/2018
22:30
Night night rainbow 160 tomorrow like you said this morning, you sad sad man.
simonlee40
04/10/2018
22:19
Lol... nite all.Get that stock market open.... news a comin' :-)
squire007
04/10/2018
22:06
This is all falling into place very nicely. Chin up my non corresponding rainbow friend. ;-)
diversification
04/10/2018
21:56
Sandbag

Been there done it hence when some think shares drop into accounts and can be flipped it’s not the case for PIs. Mine last time around took over a month to get into my account.

superg1
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