AGM and Rayoung Chemtech Sign Distribution Agreement
REDCAR, UK — Applied Graphene Materials (AGM) has signed an exclusive distribution agreement with Rayoung Chemtech Inc., headquartered in Taipei, Taiwan. The distribution agreement will see the two companies collaborate on customer opportunities and introduce AGM’s proprietary Genable graphene dispersion technology into the Taiwanese coatings and composites market. According to AGM, the partnership will extend its commercial reach directly into the region’s liquid resins, coatings, composites and polymers sectors.
Adrian Potts, AGM CEO, said, “I am really pleased to welcome Rayoung Chemtech Inc. to the commercial team, in line with our strategy to continue expanding our distributor footprint. We believe that the key to graphene’s continued commercialisation is to combine innovative materials technology with a local customer approach that presents the practical advantages of use and the true potential of graphene dispersions in their applications. We look forward to working with the highly motivated team at Rayoung Chemtech Inc. to take advantage of the many opportunities in the Taiwanese market.”