Applied Graphene Materials (previously Durham Graphene Science) was established in 2010 as a spin-off from Durham University to develop a new graphene synthesis method and produce graphene materials. AGM's technology is a unique patented scalable 'bottom-up' CVD approach to produce graphene. AGM is a public company that lists in the UK's AIM stock exchange (AIM:AGM).
AGM mainly targets graphene composites, coatings, lubricants, thermal management solutions and energy storage devices. In October 2016 AGM announced its first commercial customer, UK's Century Composites, that will use graphene in a new range of fishing rods, and since then the company announced new products and customers. You can see below for the latest company's news.
The latest AGM graphene news:
Applied Graphene Materials has announced that its customer, Infinity Wax, a major manufacturer of car care products in Europe, has launched a second car care product enhanced with the Company's graphene technology. Using AGM's Genable graphene nanoplatelet dispersions, Infinity Wax has launched Graphene Wax, a new generation of high performance car wax.
A few months ago, in September 2020, the same companies joined to launch a graphene-enhanced car polish. Now, Infinity Wax reported that it launched the new Graphene Wax following the success of its graphene-enhanced car polish. The new product offers outstanding water beading and sheeting properties as a result of increased hydrophobicity, resulting in long term paint protection. Graphene Wax makes it easy to wipe away dirt, enabling car owners to achieve a professional wax shine.
Applied Graphene Materials has raised £6 million (around USD$8.2 million) from institutions and private investors for working capital to help it serve expected growth in customer and product demand.
Giving more detail on the need for the extra funds, Applied Graphene Materials' board stated it believes the group has a product range and third party distributor network to capitalize on the opportunities in its markets and accelerate commercial momentum.
Applied Graphene Materials (AGM) has noted that the European Chemical Agency (ECHA) has approved a volume threshold of 1 to 10 tonnes for graphene powder usage per annum for graphene products supplied by the Graphene REACH registration consortium, of which the company is a member.
AGM said the approval from the regulator represented a “major milestone” for the graphene industry and will enable members of the consortium to supply quantities of graphene materials in volume.
Applied Graphene Materials customer Halo Autocare launches second graphene-enhanced car polishing wax product
Applied Graphene Materials has announced that its customer, Halo Autocare, 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 said to be 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.
Applied Graphene Materials (AGM), producer of specialty graphene materials and dispersions, has announced its full year results for the year ended 31 July 2020.
AGM reported "excellent commercial progress" made this year, with a number of major customer projects advancing throughout the year towards completion and product launch. The impact of coronavirus has reportedly caused some delays to customer projects however, AGM's development pipeline is said to continue to grow.