Black Swan Graphene (TSX-V:SWAN) announced that it has entered into a non-exclusive distribution and sales agreement with METCO Resources, a major Indian supplier of specialty materials and polymers.
The agreement enables METCO to supply Black Swan's graphene-enhanced masterbatches (GEM) for a wide range of polymer applications in the Indian market.
The partnership aims to expand Black Swan’s global presence and support the adoption of graphene-based solutions in India.
According to the terms of the agreement, METCO will distribute and promote Black Swan’s graphene nanoplatelets and GEM advanced masterbatch products across several industries, including industrial, packaging, automotive, and construction.
"This partnership with METCO aligns with our strategy to collaborate with experienced regional players who understand the local market needs and have strong technical and commercial capabilities,” Black Swan chief operating officer Michael Edwards said in a statement.
“India is a rapidly growing market for advanced materials, and we are excited to introduce our graphene-enhanced solutions to a broader audience through this collaboration."
Black Swan’s GEM product line is engineered to integrate into existing polymer manufacturing processes, while delivering improvements in mechanical strength, thermal performance, and barrier properties.
“We are proud to partner with Black Swan, a recognized innovator in advanced materials,” METCO managing director Jitendra Mehta said.
“Their graphene-enhanced masterbatches offer tremendous potential to improve performance and sustainability in polymer applications. Our team is eager to bring these next-generation materials to Indian manufacturers seeking to gain a competitive edge."
Shares of Black Swan were up around 2.4% on Friday morning at C$0.85.