Neill Ricketts, CEO of Versarien, commented: “We are very pleased to have entered into this graphene application collaboration agreement with Advanced Insulation, further broadening the sectors addressed by our partnerships. We believe that graphene has the potential to provide significant enhancements to these materials, allowing Advanced Insulation to provide even better products for use in hazardous and extreme environments.
“Our existing collaborations continue to progress and I look forward to providing updates in due course, together with announcing others that are currently in discussion.”
Versarien plc (LON: VRS), the advanced materials engineering group, today announced that it has signed a collaboration agreement with Advanced Insulation Limited, a leading supplier of fire retardant coatings, sub-sea insulation materials and buoyancy products to the oil, gas and petrochemical industries.
Versarien and Advanced Insulation will initially be working on a project involving the incorporation of Versarien’s proprietary Nanene few layer graphene nano-platelets into sub-sea insulation materials, with a view to improving their tear resistance and reducing water absorption.