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XG Sciences and partners to develop GADC in China

Jul '19
Pic: XG Sciences
Pic: XG Sciences
XG Sciences (XGS) has entered into a memorandum of understanding to participate in developing advanced composites based on its xGnP graphene nanoplatelets. The agreement will lead to creation of Graphene Applications Development Center (GADC), a joint venture company between Sinochem Plastics (Sinochem) and Yuyao PGS New Material Technology (PGS) in China.

The parties recently partnered to bring new graphene enhanced anti-corrosion coatings to industrial and marine applications, said XGS in a press release.

Under the agreement, graphene-enhanced thermoplastic composites will be developed by GADC in the Sino-Italy Ningbo Ecological Park in Yuyao City, and will exclusively leverage graphene nanoplatelets produced by XGS. The parties target a range of thermoplastic materials and end-use markets including automotive, industrial and consumer items such as clothing.  Products resulting from the collaboration will be manufactured and sold in China through Sinochem and PGS.

“We are pleased to be able to partner with Sinochem and PGS to further leverage the performance of our materials in new advanced composite applications,” said Dr. Philip Rose, chief executive officer, XGS. “This activity further supports the value of our product offering on the international stage and allows XGS to strengthen our relationship with both Sinochem and PGS and leverage their market reach for our products in the important China market.” 

“We have been supporting XGS in the China market since 2015,” said Dr. Shi Yan, president, PGS, “and we are excited to now combine our efforts with Sinochem Plastics under the Graphene Applications Development Center umbrella to create a new platform of materials.”

XG Sciences, formed in 2006, specialises in utilising graphene nanoplatelets to formulate advanced materials that amplify the performance of products across numerous industries.

Yuyao PGS is an advanced materials development company focusing on the combination of graphene nanoplatelets and thermoplastic composites for use in a range of end-use markets.

Sinochem Plastics was established in 1988. Adhering to a market-oriented strategy, Sinochem Plastics has formed a business structure supported by engineering plastics, lightweight materials, fine chemicals and mineral resources in the past 30 years. (PC)

Fibre2Fashion News Desk – India

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