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Applied Graphene - Customer launches 2nd graphene-enhanced car wax

RNS Number : 0887J
Applied Graphene Materials PLC
18 December 2020
 

18 December 2020

 

Applied Graphene Materials plc

("Applied Graphene Materials", "AGM" or "the Group")

AGM customer launches its second graphene-enhanced car polishing wax product

Applied Graphene Materials, the producer of speciality graphene nanoplatelet dispersions, is delighted to announce that its customer, Halo Autocare Limited, a leading innovator in car care products, has launched Graphene Alloy Wheel Wax as part of its EZ Car Care range of products. This is the second graphene-enhanced wax polish product launched by Halo Autocare as part of its Graphene Innovation Programme, which uses AGM's Genable® graphene dispersion technology.

The microcrystalline wax-based polish is the result of the continued partnership and a rigorous testing programme delivered by Halo Autocare. This has produced a new product that delivers extended performance benefits, including improved thermal and chemical resistance to enhance coating durability further for demanding wheel and exhaust applications. The temperature resistance made possible through the new graphene nanoplatelet formulation helps with durability when alloy wheels heat up from consistent brake use. Combining these attributes with excellent barrier performance means that water spotting is also less likely to occur.

Graphene Alloy Wheel Wax, which is enhanced with AGM's industry leading Genable® graphene dispersion technology, is available online at https://www.ezcarcare.co.uk/ and represents a further milestone for both companies in bringing graphene nanoplatelet-based products to the wider market.

Adrian Potts, Chief Executive Officer of AGM, said:

"It is a great pleasure to see yet another product enhanced with AGM's graphene dispersions coming to market, thanks to our ongoing customer collaboration and AGM's easily applicable materials that can deliver transformational performance. Our graphene products have demonstrated exceptional performance in an increasingly broad range of applications and our focus on delivering graphene nanoplatelets in a format that makes them easy to adopt in practical applications is supporting continued product momentum.

Our strategy at this stage in our growth cycle has been to demonstrate the practical utility of graphene-based dispersions at innovative businesses that see the value of new technology opportunities. Halo fits this category well, as natural innovators in their field, with a focus on the commercialization of differentiated products. The development of our relationship with Halo Autocare is exciting and I look forward to seeing the commercial results of their current and future cutting-edge product launches."

Darren Fleury, Managing Director of Halo Autocare Ltd added:

"Halo Autocare and our sister company Innovation Chem have been working to incorporate Graphene technology into our product ranges via our brand EZ Car Care. We are extremely proud to announce that we have successfully dispersed AGM's ground breaking Genable® graphene dispersion into wax-based systems, a quick detailing spray and a cream sealant. 

We released our Graphene carnauba wax in October 2020 and we have had phenomenal feedback from our customers. The results have been excellent & during our vigorous R&D period testing has shown a great improvement with the addition of the Graphene dispersion. 

I hope that this is just the beginning for Graphene technology in the automotive sector and we will continue to push innovation within our field."

For further information please contact:

Applied Graphene Materials                                                                      

+44 (0) 1642 438 214

Adrian Potts, Chief Executive Officer 

David Blain, Chief Financial Officer

 

N+1 Singer                                                                                                    

+44 (0) 207 496 3000

Peter Steel / Amanda Gray

 

Hudson Sandler                                                                                            

 +44 (0) 207 796 4133

Charlie Jack / Emily Dillon

 

Notes to Editors:

Applied Graphene Materials - For the last decade, AGM has been at the forefront of harnessing the possibilities of graphene. Founded originally by Professor Karl Coleman, the Group has grown from an academic idea from Durham University to a world leader in the development and application of graphene nanoplatelet dispersions for customers in the coatings, composites and functional materials sectors.

The Group utilises its proprietary bottom-up manufacturing process to produce high purity graphene nanoplatelets. Their expertise in dispersion chemistry enables AGM to create optimised, stable and easy to handle dispersions that customers use in real-world industrial products. AGM's unique approach enables industries to fully realise the potential of graphene in a simple, safe and easy to formulate way.  

AGM, based at the Wilton Centre on Teesside, was admitted to AIM in November 2013, raising £11 million. The Group successfully raised £8.5m in January 2016 and a further £9.8m in November 2017. Since August 2020, the Group's shares are also listed on OTCQX in the United States. As a result of the funding support and their industry leading technology platform, AGM have been able to develop a significant sales distribution network covering Europe, North America and a partner in Japan. The Group continues to work closely with industrial partners, and have seen the successful launch of numerous commercial products enhanced by their Graphene Dispersions.

 https://www.appliedgraphenematerials.com/

Halo Autocare Ltd - The EZ Car Care product range was founded in 2015 by Darren & Kevin Fleury, a father & son partnership. Built from their passion for detailing they aim their products at both the enthusiast and professional alike, providing an extensive chemical range with a consistently expanding array of accessories.

In 2015, EZ Car Care, based in Stockport, England, originally started up with 3 members of staff, a small shop and a compact range of products, initially with their very first product, Supercharged, a highly concentrated shampoo. 

By January 2020 EZ Car Care had grown to enable the move to new HQ in Stockport. A 20,000 sq ft home with office facilities, a large packing and storage warehouse, production facilities that hold pilot and full-scale production capability and most importantly a custom-built laboratory.

The EZ Car Care products are born from innovation, pushing the boundaries of the car care industry and developing the next best thing. Halo Autocare are proud that in July 2020 their Graphene program was launched resulting in the successful dispersion of graphene into a hard carnauba paste wax.

https://www.ezcarcare.co.uk/

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