Versarien expands agreement with Montana Química
Versarien has announced, further to the previously announced manufacturing license agreement, know-how license and technical assistance agreement entered into with Montana Química, that it has now signed a two-year supply agreement to provide some of the Company's proprietary graphene and related material dispersions and formulations (Graphinks™) to Montana (the "Supply Agreement").
Montana is a Brazilian headquartered multinational business focused on the production and sale of paints, wood preservatives and other wood finishing products including paints, stains and varnishes. Versarien understands it is Montana's intention to utilize the Company's Graphinks™ in application areas such as construction, composites, coatings and lubricants.