- Haydale to acquire exclusive license to Imagine IM’s “Plant In A Box” graphene processing technology
- Establishes US supply chain for revolutionary graphene-based conductive coatings that are purpose-designed for global US$22bn geosynthetics marketplace
- Coatings product proven in Australian market and being installed as part of Coal Seam Gas containment systems to enable hole detection pre final commissioning
- Haydale will import inventory of imgne® X3 to support planned field trials and early adopter orders
The signing of a Letter of Intent (LOI) between Haydale and Imagine IM marks the first step in establishing a strategic collaboration between two companies that are leading globally the development of commercial applications using graphene. In parallel with this Haydale has issued a Purchase Order to Imagine IM for a quantity of imgne® X3 that will be sufficient to enable 50,000m2 of conductive geotextile to be manufactured. This will ensure that there is available supply in the US ahead of the commissioning of a full scale plant at Haydale’s manufacturing facility in Greer, SC.
The first full-scale Imagine IM graphene research plant was officially opened in August 2017 by Australia’s Assistant Minister for Industry, Craig Laundy. This followed the establishment of a pilot plant in 2016. The Assistant Minister, opening the plant, said: “Imagine IM have demonstrated a capacity to both develop and manufacture highly effective end products which have revolutionary implications for manufacturing industries in Australia. They’ve done that by embracing new technologies, linking with global value chains, and developing high value-added products.”
The agreement between Haydale and Imagine IM Is intended to enable more industrial end-users to accelerate the take up of graphene based composites and coatings into global advanced manufacturing supply chains. It will also mean that production of materials that make geosynthetic materials “smart” will be fast tracked in the US.
Chris Gilbey, CEO of Imagine IM said, “Combining Imagine IM’s proven graphene manufacturing processes with Haydale’s advanced materials manufacturing expertise will be a significant step toward delivering disruptive graphene based coatings solutions into the North American market. It comes on the back of successful product installations in Australia and a full order book for product to our licensee Geofabrics Australasia, the leading textile manufacturer in Australia.
Ray Gibbs, CEO of Haydale Graphene Industries PLC, said “This is a very important strategic step in Haydale’s global growth plan. This partnership builds on our existing nano dispersion know how and patented material doping technology and now extends our graphene footprint in the US. It also gives Haydale direct access to the world’s largest market for coated geosynthetics. This is just the first part of what we see as a major opportunity for further collaboration with Imagine IM on a wide range of graphene enhanced applications.”
Trevor Rudderham, President and CEO of Haydale Technologies Inc, said, “We are very pleased to sign this strategic agreement with Imagine IM. They are an impressive company with world leading product and process technology in the graphene arena. This will be Haydale Technologies’ first graphene related manufacturing initiative in the US and is an exciting development for us. Our team in Greer, SC has the process engineering, application expertise and sales capability in advanced materials to ensure this will be a very successful endeavour for both Haydale and Imagine IM.”
Graphene’s discoverers were awarded the Nobel Prize in 2010. Graphene is the first two-dimensional material and is classed as a “super-material” offering extremely high electrical and thermal conductivity, hydrophobicity, strength, and impermeability to all gases.
About Imagine Intelligent Materials:
Imagine IM is a vertically graphene applications developer and manufacturer. Imagine IM’s conductive coatings make textiles into smart sensors. Imagine IM’s integrated communications systems capture sensing data and process it to provide real time location based information to the end user. The Company was founded in 2014 by a group of scientists and engineers led by Chris Gilbey and Phil Aitchison, with a vision to create disruptive products and solutions that leverage the promise of graphene. Imagine IM has an innovative certification and licensing model that ensures customers and licensees can be confident that their products will always perform to the necessary standards. Imagine IM is the first company in the world to develop conductive geosynthetic materials using functionalised graphene.
About Haydale PLC
Haydale is a global technologies and advanced materials group that facilitates the integration of nanomaterials into the next generation of commercial technologies and industrial materials. With expertise in graphene, silicon carbide and other nanomaterials, Haydale is able to deliver improvements in electrical, thermal and mechanical properties, as well as toughness. Haydale has granted patents for its technologies in Europe, USA, Australia, Japan and China and operates from six facilities in the UK, USA and the Far East.
Its proprietary inks, coatings, graphene–enhanced resins, composites and filament, and silicon carbide whiskers and fibers are part of a growing portfolio of advanced materials that are helping to fuel the next Industrial Revolution through Additive Manufacturing and 3D printing.
Haydale is a publicly traded company based in the UK with divisions in North America and Asia. The company is a pioneer in the functionalization of graphene and the production of silicon carbide whiskers and fibers for applications across a range of key industry segments worldwide.
About Haydale Technologies Inc:
Haydale Technologies Inc. is a US based wholly owned subsidiary of Haydale PLC. It is Haydale’s center of excellence for silicon carbide whisker and fiber manufacture and application development. It is also the North American sales center for Haydale’s growing portfolio of graphene enhanced products, including composites, inks and additive manufacturing materials.
For further information contact:
CEO Imagine Intelligent Materials Pty Limited
Phone: +61 (0) 414 223 763
Director, Sales & Marketing
Haydale Technologies Inc.
CEO Haydale Technologies Inc
Phone: +1 (248) 884 0400