StockMarketWire.com - Applied Graphene Materials has signed a joint development agreement with James Briggs following outstanding performance results from proof of concept studies into the use of its graphene in anti-corrosive coatings.

The PRA, an independent testing consultancy, has evaluated the performance following ISO standard accelerated weathering and anti-corrosion tests. These test results have enabled the Company to significantly accelerate joint developments across the global paints and coatings industry. Following considerable work over recent months, AGM has developed an improved graphene material that has been demonstrated to deliver a six-fold improvement in barrier and anti-corrosion properties at low loading levels. AGM says that based on these results, the company has signed a joint development agreement with James Briggs Ltd, a large European consumer chemicals business. James Briggs is a highly innovative formulator and supplier of aerosol paints and high performance materials to well-known industry brands across numerous markets.

AGM and James Briggs have already started an accelerated product development programme with a view to early market exploitation of graphene. Under the JDA, James Briggs will incorporate graphene material into its existing paint formulations to deliver higher-performing primers with improved corrosion protection. The expectation is that a new range of primers will be launched in early 2017. Alongside this, the two businesses will be cooperating on potential applications for lubrication products given the improved friction properties offered by the application of graphene.




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