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VRS Versarien Plc

0.1095
0.007 (6.83%)
Last Updated: 14:15:01
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
  0.007 6.83% 0.1095 0.105 0.1095 0.11 0.105 0.11 4,050,466 14:15:01
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Chemicals & Chem Preps, Nec 11.64M -8.07M -0.0244 -0.04 330.78k

Versarien PLC Hexotene Product Launch

28/03/2018 7:01am

RNS Non-Regulatory


TIDMVRS

Versarien PLC

28 March 2018

28 March 2018

Versarien plc

("Versarien" or the "Company")

Hexotene Product Launch

Versarien plc (AIM: VRS), the advanced materials engineering group, is pleased to announce the formal launch of Hexotene, strengthening Versarien's range of commercially available 2D materials.

Hexotene is a few layer hexagonal boron nitride (h-BN) nanoplatelet powder with large lateral dimensions. Also known as "white graphene", hexagonal boron nitride has a layered structure similar to graphite. With high chemical purity and mono-layer particles confirmed, Hexotene is the latest addition to Versarien's high performance 2D material product range.

Some of the key properties of Hexotene include:

 
 --   High thermal stability 
 --   High thermal conductivity 
 --   Low electrical conductivity 
 --   Absorbs very high energy ultra violet light 
 --   Resistant to many chemicals and solvents 
 --   High mechanical strength despite being "soft" 
 

Hexotene offers exceptional benefits in a range of potential applications, including:

 
 --   As a high-performance additive in lubricants, 
       where heat removal and electrical insulation 
       are paramount 
 --   It can be included in ceramics, alloys, resins, 
       plastics and rubbers to improve insulating 
       properties 
 --   In electronics, oxygen sensors, xerographic 
       processes and laser printing 
 --   In proton conductors, fuel cells and water 
       electrolysis 
 --   For thermofluid and thermal management applications 
 

This new material adds to the range of existing 2D materials commercially available from Versarien, including Nanene, a high purity, low defect graphene and Graphinks, a range of conductive inks. The range is further supported by few layer graphene and graphene oxide powders suitable for a wide range of industrial applications.

Commenting, Neill Ricketts, CEO of Versarien stated: "The introduction of Hexotene into our stable of 2D materials widens the focus of Versarien in delivering innovative solutions for industry.

"The characteristics of Hexotene, specifically with regard to electrical conductivity, show some markedly different properties to graphene. This is particularly promising for combined projects using both graphene and boron nitride.

"The vast number of potential applications this material has to offer, makes it an exciting addition to our existing range of 2D materials."

Enquiries:

 
 Versarien 
  Neill Ricketts, CEO 
  Chris Leigh, CFO          01242 269 122 
 WH Ireland (Nominated 
  Advisor) 
  Mike Coe 
  Ed Allsopp                0117 945 3470 
 IFC Advisory (Financial 
  PR and IR) 
  Tim Metcalfe 
  Graham Herring 
  Heather Armstrong         0203 934 6630 
 

About Versarien

Versarien plc (AIM:VRS), is an advanced engineering materials group. Leveraging proprietary technology, the Group creates innovative engineering solutions for its clients in a diverse range of industries. Versarien has five subsidiaries operating under two divisions:

Graphene and Plastics

2-DTech Ltd, which specialises in the supply, characterisation and early stage development of graphene products. www.2-dtech.com

AAC Cyroma Ltd, which specialises in the supply of vacuum-formed and injection-moulded products to the automotive, construction, utilities and retail industry sectors. Using Versarien's existing graphene manufacturing capabilities, AAC will have the ability to produce graphene-enhanced plastic products. www.aaccyroma.co.uk

Cambridge Graphene Ltd, which supplies novel inks based on graphene and related materials, using patented processes and develops graphene materials technology for licensing to manufacturers. www.cambridgegraphene.com

Thermal and Hard Wear Products

Versarien Technologies Ltd. which has developed an additive process for creating advanced micro-porous metals targeting the thermal management industry and supplies extruded aluminium. www.versarien-technologies.co.uk

Total Carbide Ltd, a leading manufacturer in sintered tungsten carbide for applications in arduous environments such as the oil and gas industry. www.totalcarbide.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

NRABIGDXDUDBGIR

(END) Dow Jones Newswires

March 28, 2018 02:01 ET (06:01 GMT)

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