Haydale Graphene (LON:HAYD) has signed letter of intent with Huntsman Advanced Materials. This may be the initial stage needed to commercialize the company’s proprietary graphene technology. On the Alternative Investment Market of the London Stock Exchange, Haydale graphene stock rose about 5%, now trading at 152.5.
The goal will be to create unique graphene products by utilizing Haydale’s graphene tech with Huntsman’s ARALDITE resin and adhesive products. The process will begin with a graphene incorporated ‘master batch’ which will be used for research and development and testing.
Graphene has many potential uses in different composite and additive applications, the “miracle material” is very thin and lightweight while still retaining impressive strength. The 2D material can be applied as a conductor, heat-exchanger or for added strength and rigidity.
Haydale’s graphene technology utilizes plasma reactors to apply the material for functional uses in other mediums which can lead to enhanced composite materials. These enhanced materials can mean additional benefits over and above a graphene on its own.