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Applied Graphene expands its distribution network to target customers in the Turkish coatings and polymers sector

The group has signed a distribution agreement with GOBARR Kimya Ticaret ve Pazarlama Ltd. Sti (Gobarr), which has over 25 years' experience in supplying innovative products to the paint and coatings market across Turkey

Applied Graphene Materials PLC -

Applied Graphene Materials PLC (LON:AGM), the producer of specialty graphene additives, revealed that it has signed a distribution agreement with GOBARR Kimya Ticaret ve Pazarlama Ltd. Sti (Gobarr).

The agreement will further expand Applied Graphene's distribution network to target customers in the Turkish coatings and polymers sector.

Gobarr's team of industry specialists has over 25 years' experience in supplying innovative products to the paint and coatings market across Turkey. The agreement will make Gobarr the market's leading supplier of graphene dispersions focused on Turkey's industrial coatings sector.

READ: Applied Graphene Materials narrows losses, highlights growing development pipeline

Applied Graphene and Gobarr have an exclusive agreement that will see the two companies collaborate in developing customer opportunities and introducing the company's proprietary Genable graphene dispersions technology into the Turkish coatings and polymers markets.

In a statement, Adrian Potts, chief executive officer of Applied Graphene, said: "It is a great pleasure to be able to welcome Gobarr to our growing sales network. The development of a technically-capable, commercially-astute distribution network for our Genable® graphene dispersion products and technology is a key strategic focus at this stage of AGM's commercialisation.

"We look forward to achieving success with the Gobarr team in the distribution of AGM's dispersed graphene materials in the Turkish coatings and liquid resin sector," he added.  

"At Gobarr, a key priority for us is to continue to develop and expand the utilization of graphene, which has already demonstrated its advantages in various end user products," a spokesman for the Turkish company said.

Applied Graphene is focused on enabling the widespread application of graphene, which excels in providing early commercialisation opportunities and competitive advantages to its partners through the development of reliable graphene application technologies and processes.

Quick facts: Applied Graphene Materials PLC

Price: 37 GBX

AIM:AGM
Market: AIM
Market Cap: £23.81 m
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Applied Graphene Materials' present at the Proactive One2One virtual forum

Applied Graphene Materials PLC's (LON:AGM) Adrian Potts presents at the Proactive One2One virtual forum. Applied Graphene Materials works in partnership with its customers using its knowledge and expertise to provide custom graphene dispersions and formats to deliver enhancements and benefits...

on 13/11/20

2 min read