First Graphene’s new graphene additives markets

First Graphene has announced it has entered new markets in Vietnam and China for its PureGraph graphene products through distribution agreements, while also revealing maiden sales and recurring orders from a textile company in Brazil.

The two new distribution agreements cover the coatings, composites, and construction materials segments across Vietnam and China, and take the company’s total distribution network to eight groups across seven markets.

China delivers approximately 30 percent of the world’s manufacturing output, with the agreement in Vietnam providing access to the fourth largest manufacturer in Asia.

With access to the world’s largest manufacturing market in China secured and commercial opportunities advancing in existing markets, the company told investors it expected a further nine sector opportunities to materialise over the next 12 months.

Meanwhile validation of PureGRAPH’s thermal and performance enhancing properties in the textile segment represents a strong step forward in the company’s strategic commercial pathway.

First Graphene Managing Director and CEO Michael Bell said: “We have seen extensive progress on multiple commercial fronts recently, including entry into two globally significant markets through new distribution partners in Vietnam and China.

“With our ongoing engagement across Europe and Australia also tracking well, the company is very well placed for significant growth over the coming months.

“We are also very pleased to have progressed a new opportunity in the textiles market, which is now in volume production and the reoccurring ordering phase.

“This is the first opportunity converted in the textiles space and will help demonstrate the application and potential advantages of PureGRAPH in a broader range of applications.”

These new agreements are complemented by ongoing initiatives and engagement in European, US, UK and Australian markets, according to First Graphene.

Distribution partners in Europe and Australia have reported recent increased interest from
customers across a range of segments including coatings, adhesives, resin, inks, composites and thermoset.

“First Graphene’s recently optimised material grade and improved treatment process has supported
this stronger market traction, enabling PureGRAPH products to be used in new applications, and
resulting in a marketed improvement in performance in existing applications.”

Picture: First Grapgene/PureGRAPH graphene products