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Applied Graphene Materials signs up distribution partner in Greece

Dichem Polymers has a long track record of supplying high-performance chemicals

Applied Graphene Materials PLC -
AGM specialises in paint and coatings technology

Applied Graphene Materials PLC (LON:AGM) has signed an exclusive distribution agreement with Dichem Polymers that will give it access to the polymers and coatings markets in Greece.

Dichem has a long track record of supplying high-performance chemicals to markets such as cosmetics, pharmaceuticals, the food industry, polymers and coatings, said AGM.

The two companies will collaborate on the introduction of AGM's proprietary Genable graphene dispersions technology into Greece.

In a statement, Adrian Potts, AGM’s chief executive said he was delighted with the addition of Dichem to its commercial team.   

“We are keen to advance our development pipeline for revenue through this approach from the sale of both our easy-to-use Genable dispersions as well as customised product offerings to suit individual customer project requirements," Potts added.

Demetrios Gkikas. Dichem Polymers’ CEO commented: “The high level of expertise of AGM will provide a clear benefit for those seeking a high-quality solution in certain sections of the Paint Industry. From our side we will do all we can to ensure this collaboration is very successful.”

AGM said that with the addition of Dichem it now has distributors in Greece, Italy, South Africa and Japan, in addition to its own operations in the UK and US.

Quick facts: Applied Graphene Materials PLC

Price: 34.5 GBX

AIM:AGM
Market: AIM
Market Cap: £17.13 m
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