LONDON, UK: Haydale (AIM: HAYD) and PETRONAS Technology Ventures Sdn Bhd (PTVSB), the technology commercialisation arm of Petroliam Nasional Berhad (PETRONAS), have executed a collaboration agreement to functionalise graphene for product applications, in an effort to accelerate commercialisation of graphene-based formulations in various different industries.
The agreement, which runs through to 31 December 2025, will see the parties exploring graphene for further commercial applications in battery cells, composites, coatings and thermal materials, among others. The collaboration will also cover knowledge sharing between the parties.
Commenting on the successful collaboration with PETRONAS, Haydale Chief Executive Officer Keith Broadbent said: “Haydale is delighted to have signed a collaboration with PETRONAS that cements our commitment to working together on developing innovative solutions and driving progress in the commercialisation of graphene and advanced materials use in the energy industry. Our expertise in nanomaterials and our functionalisation technology compliments PETRONAS’ commitment to sustainability and safeguarding the environment and I am confident that this strategic collaboration will be mutually beneficial and greatly accelerate the commercial adoption of functionalised graphene and other 2D materials.”
PETRONAS Head of Advanced Materials Dileezaa Lurthanathan, said: “PETRONAS is dedicated to research and development in advanced materials and our collaboration with Haydale marks a significant milestone in the drive towards the commercialisation of graphene in sustainable technologies. We see Haydale’s functionalisation process as one of the keys to unlocking the use of by-products from the energy industry and helping us to move from linear to circular materials to facilitate energy transition.”
First Graphene and Suvo Strategic Minerals to develop low-emission cement and concrete