Business
Distributor Agreement to Supply CeramycShield
Distributor Agreement to Supply CeramycShield.
About this update from Haydale Plc
[{"type":"text","content":"\n \n \n RNS Number : 4124T\n Haydale Graphene Industries PLC\n 20 July 2020\n \n \n \n \n \n \n \n RNS REACH\n \n \n \n \n \n \n \n For immediate release\n \n \n 20 July 2020\n \n \n \n \n \n \n \n \n \n \n \n \n Haydale Graphene Industries plc\n \n \n \n \n \n ('Haydale' or the 'Group')\n \n \n \n \n \n Exclusive Distributor Agreement to Supply CeramycShield™ into the UK Water Industry\n \n \n \n Haydale, (AIM: HAYD), the global advanced materials group, is pleased to announce that it has signed an exclusive distributor agreement (the \"Agreement\") between Haydale and US-based Zirconia Inc. The agreement is for a period of 30 months and allows Haydale full distribution rights of CeramycShield™, ceramic geopolymers, into the UK water infrastructure marketplace, with a view to address previously unsolvable water infrastructure problems in the UK. The Agreement also provides for Haydale and Zirconia, to work to develop jointly owned intellectual property for next generation products applicable across multiple global infrastructure markets.\n Zirconia's patented Ceramic Surface Treatment technology is a new, advanced material technology, in a new class of inorganic ceramic polymers, that uses Haydale's silicon carbide microfibre as a reinforcement. This technology has now been commercialised by Zirconia in the US where the products are readily available.\n These surface treatments cost effectively renew and restore cracked, old, decaying concrete, ensuring a more durable, structurally sound asset with better-than-new performance due to the biologically impervious property of the treatment. This means that microbial life, that are a wear factor in sub-grade water infrastructure, are eliminated. \n With authorisation from Zirconia, Haydale may also distribute to additional territories and for products outside of the initial contract scope. This distributor agreement is extendable.\n \n \n Benjamin Cook, CEO at Zirconia, said:\n \n \n \"It is good to have partnerships whose technical knowledge and experience will allow us to pursue a path of continuous improvement for our nanoparticle-based ceramic surface treatments. As our green tech solution is the only technology that bonds chemically to concrete, solving key problems with subgrade water infrastructure, this partne...