Haydale Graphene Industries PLC - Ammanford, Wales-based graphene technology company - Announces collaboration with Italy-based bicycle tyre manufacturer Vittoria SpA to supply graphene.
Haydale says it has received its first order for one tonne of functionalised graphene nanomaterial.
‘As a first step in their collaboration, Vittoria and Haydale have co-developed improved rubber compounds, which laboratory and field tests have shown further improve tyre performance,’ it adds. Looking out, the companies will producing functionalised graphene in Thailand.
Current stock price: 5.35 pence, up 4.9% on Friday
12-month change: down 43%
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