NanoXplore - President and CEO, Soroush Nazarpour (left)
President and CEO, Soroush Nazarpour (left)
Source: NanoXplore
  • NanoXplore (GRA) has finalized a multi-year agreement to supply Techmer PM with GrapheneBlack products
  • Based in Tennessee, Techmer PM is one of the largest plastic compounders in North America
  • Techmer will market its graphene-enhanced plastic compounds to a variety of industries in a number of diverse end uses and applications
  • NanoXplore manufactures high-volume graphene powder for use in industrial markets
  • NanoXplore (GRA) is up by 7.37 per cent, trading at $3.35 per share at 2:46 pm ET

NanoXplore (GRA) has finalized a multi-year agreement to supply Techmer PM with GrapheneBlack products.

Based in Tennessee, Techmer PM is one of the largest plastic compounders in North America, specializing in modifying and fine-tuning the properties of technical polymers.

Supported by worldwide manufacturing capabilities, Techmer will market its graphene-enhanced plastic compounds to a variety of industries in a number of diverse end uses and applications.

NanoXplore considers this a significant collaboration owing to Techmer’s aim to provide the highest performance properties across a wide spectrum of compounds and end products.

Graphene delivers a host of benefits to plastic formulations, including boosting the strength of recycled resins, improving electrical conductivity properties, enabling lightweighting and enhancing both barrier effectiveness and chemical resistance.

Michael A. McHenry, CEO of Techmer PM, commented,

“We are a materials design company using leading-edge technologies to design customer and market-focused solutions. The long-term agreement with NanoXplore complements our approach, which is to customize solutions to maximize performance through collaborations and the leveraging of leading-edge technology.”

Soroush Nazarpour, President and CEO of NanoXplore, added,

“This agreement is particularly exciting, as it allows us to further emphasize the  value of graphene and enhance the profile of our GrapheneBlack brand. It also fosters collaboration with a leader in the U.S. market and furthers our efforts to expand the use of graphene.”

NanoXplore manufactures high-volume graphene powder for use in industrial markets.

NanoXplore (GRA) is up by 7.37 per cent, trading at $3.35 per share as of 2:46 pm ET.

More From The Market Online
Bombardier - Executive Advisor, Christophe Degoumois

Bombardier stock rises as board of directors elected

Bombardier (TSX:BBD.A) stock climbs 2.5 per cent in early Friday trading after the company unveiled its recently elected board of directors.
PyroGenesis - PyroGenesis' STP torch for refrigerant destruction, hydrocracking and heating.

PyroGenesis receives two milestone payments totalling $970,000

PyroGenesis Canada (TSX:PYR) announces it has received two separate project milestone payments totalling C$970,000.

Teck misses Q1 profit estimates on lower steelmaking coal sales

Canadian mining stock Teck Resources Ltd. (TSX:TECK.A and TECK.B; NYSE:TECK) misses Q1 profit estimates on Thursday.