RCS - Haydale Graphene Ind - Innovation Agreement with Gerdau Graphene

Haydale Graphene IndustriesAnnouncement

14/08/2024 07:00

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RNS Number : 3137A  Haydale Graphene Industries PLC  14 August 2024

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               www.haydale.com (http://www.haydale.com)
 Keith Broadbent, CEO                          Via Walbrook PR as below
 Patrick Carter, CFO
 Mark Bolt, Sales & Marketing Manager

 Cavendish Capital Markets Limited (Nominated Adviser & Broker)                    Tel: +44 (0)20 7220 0500
 Julian Blunt / Edward Whiley, Corporate Finance
 Andrew Burdis, ECM

 Walbrook PR (Media & Investor Relations)      Tel: +44 (0)20 7933 8780 or haydale@walbrookpr.com
                                               (mailto:haydale@walbrookpr.com)
 Paul McManus / Joseph Walker                  Mob: +44 (0)7980 541 893 / +44 (0)7407 020 470
 Nick Rome / Louisa Ansell                     Mob: +44 (0)7748 325 236 / +44 (0)7788 151 967

 

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 (http://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.

 

 

 

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