RNS REACH
Haydale Graphene Industries
plc
('Haydale', the 'Company', or the 'Group')
Haydale Announces Innovation
Agreement with Gerdau Graphene in Graphene
Research
Haydale (AIM: HAYD) a leading
innovator in advanced materials and nanotechnology, is pleased to
announce a new contract agreement with Gerdau Graphene, a Gerdau
Next company, Gerdau's new business unit, created with the aim of
diversifying the company's portfolio with products and services in
several segments adjacent to steel.
Gerdau Graphene focuses on the
development, industrialisation and commercialisation of chemical
additives, mineral additions and masterbatches with carbon-based
nanomaterials, such as graphene.
Strategic Partnership and Market Potential
This collaboration between HAYDALE
and Gerdau Graphene, will facilitate the development of graphene
infused product lines and synergy between the advanced
materials.
Keith Broadbent, CEO of Haydale, commented:
"We are thrilled to enter this transformative
partnership with Gerdau Graphene. Our Functionalised graphene
technology represents a breakthrough in enhanced efficiency, and
this deal underscores our commitment to leveraging our nanomaterial
expertise for impactful innovation and positive environmental
solutions. This collaboration not only enhances our market position
but also contributes meaningfully to global sustainability
efforts."
Valdirene Peressinotto, Executive and Innovation
Director at Gerdau Graphene, said: "We hope Haydale will
provide a unique solution for us and we look forward to working
with their team in the UK to find these improvements in our product
offering".
For
further information:
Haydale Graphene Industries plc
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www.haydale.com
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Keith Broadbent, CEO
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Via
Walbrook PR as below
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Patrick Carter, CFO
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Mark Bolt, Sales & Marketing
Manager
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Cavendish Capital Markets Limited
(Nominated Adviser & Broker)
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Tel: +44
(0)20 7220 0500
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Julian Blunt
/ Edward Whiley, Corporate Finance
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Andrew Burdis, ECM
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Walbrook PR
(Media & Investor Relations)
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Tel: +44
(0)20 7933 8780 or haydale@walbrookpr.com
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Paul McManus / Joseph
Walker
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Mob: +44
(0)7980 541 893 / +44 (0)7407 020 470
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Nick Rome / Louisa Ansell
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Mob: +44
(0)7748 325 236 / +44 (0)7788 151 967
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Notes to Editors:
About Haydale
Haydale is a global technologies
group and service provider that facilitates the integration of
graphene and other nanomaterials into the next generation of
industrial materials and commercial technologies. With
expertise in graphene, other nanomaterials and Silicon Carbide,
Haydale is able to deliver improvements in electrical, thermal and
mechanical properties. Haydale has been granted patents for
its technologies in Europe, USA, Australia, Japan and China and
operates from five sites in the UK, USA and the Far East. For
more information please visit: www.haydale.com
or Twitter: @HaydaleGroup
About Gerdau Graphene
Gerdau Graphene is a Gerdau Next
company, Gerdau's new business unit, created with the aim of
diversifying the company's portfolio with products and services in
several segments adjacent to steel. Focused on the development,
industrialsation and commercialisation of chemical additives,
mineral additions and masterbatches with carbon-based
nanomaterials, such as graphene. Gerdau Graphene delivers solutions
that provide performance gains for the paint, cement (concrete and
mortar), plastics, rubber and lubricant industries, with the
incorporation of graphene in its formula.
About Gerdau
With 123 years of history, Gerdau is
the largest Brazilian steel producing company and one of the main
suppliers of long steel in the Americas and special steel in the
world. In Brazil, it also produces flat steel, as well as iron ore
for its own consumption. In addition, it has a new business
division, Gerdau Next, with the aim of undertaking operations in
segments adjacent to steel. With the purpose of empowering people
who build the future, the company is present in several countries
and has more than 30 thousand direct employees in all its
operations. The largest recycler in Latin America, Gerdau uses
scrap as an important raw material: 71% of the steel it produces is
made from this material. Every year, 11 million tons of scrap are
transformed into various steel products. The company is also the
largest producer of charcoal in the world, with more than 250
thousand hectares of forestry in the state of Minas Gerais. As a
result of its sustainable production matrix, Gerdau currently has
one of the lowest average greenhouse gas emissions (CO₂e), at 0.86
t of CO₂e per ton of steel, which represents approximately half the
global average sector, 1.91 t of CO₂e per ton of steel
(worldsteel). For 2031, Gerdau's goal is to reduce carbon emissions
to 0.82 t of CO₂e per ton of steel. Gerdau shares are listed on the
São Paulo (B3) and New York (NYSE) stock exchanges.
Caution regarding forward
looking statements
Certain statements in this announcement, are, or may be deemed
to be, forward looking statements. Forward looking statements are
identified by their use of terms and phrases such as ''believe'',
''could'', "should" ''envisage'', ''estimate'', ''intend'',
''may'', ''plan'', ''potentially'', ''will'' or the negative of
those, variations or comparable expressions, including references
to assumptions. These forward-looking statements are not
based on historical facts but rather on the Directors' current
expectations and assumptions regarding the Company's future growth,
results of operations, performance, future capital and other
expenditures (including the amount, nature and sources of funding
thereof), competitive advantages, business prospects and
opportunities. Such forward looking statements reflect the
Directors' current beliefs and assumptions and are based on
information currently available to the Directors.
A
number of factors could cause actual results to differ materially
from the results discussed in the forward-looking statements
including risks associated with vulnerability to general economic
and business conditions, competition, environmental and other
regulatory changes, actions by governmental authorities, the
availability of capital markets, reliance on key personnel,
uninsured and underinsured losses and other factors, many of which
are beyond the control of the Company. Although any forward
looking statements contained in this announcement are based upon
what the Directors believe to be reasonable assumptions, the
Company cannot assure investors that actual results will be
consistent with such forward looking statements. Accordingly,
readers are cautioned not to place undue reliance on forward
looking statements. Subject to any continuing obligations
under applicable law or any relevant AIM Rule requirements, in
providing this information the Company does not undertake any
obligation to publicly update or revise any of the forward looking
statements or to advise of any change in events, conditions or
circumstances on which any such statement is
based.