28th Jan 2015 08:35
For Immediate Release | 28 January 2015 |
Graphene NanoChem PLC
("Graphene NanoChem" or the "Group")
Approval of Manufacturing License for New JV Facility
Graphene NanoChem (AIM: GRPH), the performance nanochemicals and advanced materials company, is pleased to announce that Scomi-Platinum Sdn Bhd, its joint venture company, has been granted approval for a manufacturing license by Malaysia's Ministry of International Trade Industry for its planned nano-enhanced oilfield chemicals facility in Port Klang, Malaysia. The 45,000 MT per annum facility is targeted to come on line by 2016.
This milestone represents the latest ongoing progress of the development of the Group's joint venture partnership with Scomi Oiltools Sdn Bhd.
For further information:
Graphene NanoChem | Tel: +603 2282 3080 |
Jespal Deol, Chief Executive Officer | |
Panmure Gordon (NOMAD and Broker) | |
Fred Walsh / Adam James / Tom Salvesen | Tel: +44 (0) 20 7886 2500 |
Tom Nicholson | Tel: +65 68248204 |
Buchanan | Tel: +44 (0) 20 7466 5000 |
Mark Edwards / Jason Day |
About Graphene NanoChem
Graphene Nanochem plc is a technology commercialisation company that operates two commercial platforms, the Advanced Chemicals platform that manufactures renewable chemical products for high growth sectors and the Advanced Materials platform that focuses on graphene nanomaterials applications for selected industries targeting high performance use.
Headquartered in Malaysia, Graphene Nanochem was admitted to the AIM of the London Stock Exchange on 26 March 2013, following the reverse acquisition of Biofutures International plc, and trades under the symbol GRPH.L.
To find out more, please visit www.graphenenanochem.com.
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