Versarien PLC Receipt of Graphene REACH Registration
July 15 2019 - 3:00AM
RNS Non-Regulatory
TIDMVRS
Versarien PLC
15 July 2019
15 July 2019
Versarien plc
("Versarien" or the "Company")
Receipt of Graphene REACH Registration
Versarien plc (AIM: VRS), the advanced materials engineering
group, is pleased to announce that the Company has secured the
required approval from the ECHA, the European Chemicals Agency, to
manufacture between one and ten tonnes of graphene per annum.
The EU Registration, Evaluation, Authorisation and Restriction
of Chemicals ("REACH") regulations require all companies
manufacturing or importing chemical substances into the European
Union in quantities of one tonne or more per year to register these
substances with the ECHA and receive approval. Versarien has now
received such approval for the substance with EC number 801-282-5,
being graphene.
Neill Ricketts, CEO of Versarien, commented: "The manufacture
and sale of graphene at these levels requires certain permissions
under EU regulations and I am pleased to report that we have been
successful in our registration and are now accredited to produce
significant volumes of graphene under the EU rules for chemical
production.
"This provides us with the required authority to significantly
increase our graphene production in order to meet the commercial
demand we anticipate."
Enquiries:
Versarien
Neill Ricketts, CEO
Chris Leigh, CFO +44 (0)1242 269 122
Canaccord Genuity (Nominated
Adviser and Broker)
Bobbie Hilliam
Emma Gabriel +44 (0)20 7523 8000
IFC Advisory (Financial PR
and IR)
Tim Metcalfe
Graham Herring
Heather Armstrong +44(0)20 3934 6630
About Versarien
Versarien plc (AIM:VRS), is an advanced engineering materials
group. Leveraging proprietary technology, the Group creates
innovative engineering solutions for its clients in a diverse range
of industries. Versarien has six subsidiaries operating under two
divisions:
Graphene and Plastics
2-DTech Ltd, which specialises in the supply, characterisation
and early stage development of graphene products.
www.2-dtech.com
AAC Cyroma Limited, which specialises in the supply of
vacuum-formed and injection-moulded products to the automotive,
construction, utilities and retail industry sectors. Using
Versarien's existing graphene manufacturing capabilities, AAC will
have the ability to produce graphene-enhanced plastic products.
www.aaccyroma.co.uk
Cambridge Graphene Limited, supplies novel inks based on
graphene and related materials, using patented processes to develop
graphene materials technology.
www.cambridgegraphene.com
Gnanomat S.L. ("GNA"), based in the Parque Cientifico Madrid,
Spain, is a company capable of utilising Versarien's graphene
products in an environmentally friendly, scalable production
process for energy storage devices that offer high power density,
almost instant recharging and very long lifetimes for use in
electrical vehicles and portable electronics
products.www.gnanomat.com
Hard Wear and Metallic Products
Versarien Technologies Limited has developed an additive process
for creating advanced micro-porous metals targeting the thermal
management industry and supplies extruded aluminium.
www.versarien-technologies.co.uk
Total Carbide Limited, a leading manufacturer in sintered
tungsten carbide for applications in arduous environments such as
the oil and gas industry. www.totalcarbide.com
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END
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