- Gerdau Graphene to be a non-exclusive distributor for PureGRAPH®
- Expands sales reach and representation into a broad range of sectors in the Americas regions
First Graphene Ltd (ASX: “FGR” or “the Company”), is pleased to announce it has entered into a Distribution Agreement (“Agreement”) with Gerdau Grafeno Ltda. (“Gerdau Graphene”), for Gerdau Graphene to distribute FGR’s PureGRAPH® products and develop applications with these products in mutually agreed geographical areas.
The two-year Agreement comprises of non-exclusive distribution rights for Gerdau Graphene to sell PureGRAPH® products into the Americas. Further to this, it enables Gerdau Graphene to develop new applications and opportunities with the PureGRAPH® products. There are no other material terms or an estimate of economic impact.
The two companies will collaborate to introduce graphene materials and graphene applications into the Americas market. FGR will support Gerdau Graphene with its extensive application knowledge and technology focused on graphene dispersion in different matrixes and materials.
First Graphene CEO Mike Bell said the Agreement with Gerdau was a strong starting point for the two companies to build a partnership “We are pleased to get this Distribution Agreement in place with Gerdau Graphene as it provides a great base for us to build a longer-term partnership and drive the global commercialisation of Graphene and mutual success.”
Gerdau Graphene General Manager Alexandre Corrêa, added “We are pleased with the Agreement with First Graphene, and the potential applications we may develop together for composites, especially rubber artifacts.”
About Gerdau Graphene Gerdau Graphene is a company launched by Gerdau through Gerdau Next, its new business arm. In 2021, Gerdau Graphene started to focus on the production, development and sale of products based on graphene applications, in Brazil and the Americas, in order to generate more value for its products and customers based on the unique properties offered by the nanomaterial. To learn more, visit www.gerdau.com.br/graphene.
First Graphene Ltd. is the leading supplier of high-performing, graphene products. The company has a robust manufacturing platform based upon captive supply of high-purity raw materials and an established 100 tonne/year graphene production capacity. Commercial applications are now being progressed in composites, elastomers, fire retardancy, construction and energy storage.
First Graphene Ltd. is publicly listed in Australia (ASX:FGR) and has a primary manufacturing base in Henderson, near Perth, WA. The company is incorporated in the UK as First Graphene (UK) Ltd. and is a Tier 1 partner at the Graphene Engineering and Innovation Centre (GEIC), Manchester, UK.
PureGRAPH® Range of Products
PureGRAPH® graphene powders and PureGRAPH® AQUA pastes with lateral platelet sizes of 50μm, 20μm, 10μm and 5μm, as well as PureGRAPH® MB-LDPE 20-30 masterbatch for thermoplastics, are available in tonnage volumes. The products are high performing additives, characterised by their high quality and ease of use.
|First Graphene Limited|
ABN 50 007 870 760
1 Sepia CloseHenderson WA 6166
T: +61 1300 660 448E: firstname.lastname@example.org
Dr Andy Goodwin Michael Bell
|Trading SymbolsAustralia: |
USA OTCQB: FGPHF
With authority of the board, this announcement has been authorised for release by Aditya Asthana, Chief Financial Officer and Company Secretary.
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