PlatDrill Commercial Rollout 'Replacement'

Graphene NanoChem PLC

("Graphene NanoChem" or the "Group")

PlatDrill Commercial Rollout

Graphene NanoChem (AIM: GRPH), the performance chemicals and advanced materials company, is pleased to announce the receipt of the additional commercial orders of the PlatDrill Series, valued at US$4.8 million.

Highlights

• Second commercial order of 23,400 barrels (approximately 3,000 tonnes) of the PlatDrill Series; a 3 fold increase over the first commercial order of 7,800 barrels announced by the Group;

• Order from Scomi Oiltools Sdn Bhd ("Scomi Oiltools") for deployment to a National Oil Company;

• The revenue from the commercial order is US$4.8 million.

A "smart" fluid, the PlatDrill Series offers an attractive, environmentally friendly high performance drilling fluid solution that satisfies demanding technical requirements of modern day drilling including in high temperature high pressure operating environments whilst maintaining its biodegradability and low toxicity functions.

Southeast Asia is the first launch pad for the commercial rollout of the PlatDrill Series, focusing on Scomi Oiltools' existing customer pipeline with national oil companies in the region. Scomi Oiltools has presence in more than 25 countries worldwide and is one of the leading firms in the global supply of drilling fluid services to national and multinational oil and gas companies. Partnering with Scomi and its existing client-base allows the Group to greatly reduce marketing and adoption risk and accelerate deployment of its products within this market space. It also enables the Group's access to Scomi's existing customer base which today has an order book of RM5.4 billion (£1.0 billion).

Jespal Deol, Chief Executive Officer of Graphene NanoChem, commented: "We are delighted to announce the increase in sales of our PlatDrill Series, as we continue making good progress in the commercial rollout of our products into the oilfield chemicals marketplace leveraging on our partnership with Scomi Oiltools."

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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.

About Scomi Oiltools

Scomi Oiltools is one of the world's leading providers of high performance drilling fluids solutions with an order book of RM5.4 billion (£1.0 billion) With a combined group experience of more than 60 years and global presence at 42 locations in 21 countries, Scomi Oiltools possesses the formulation expertise, global presence, customers, products distribution channels, back office infrastructures and logistical capabilities needed to effectively develop the global market share for PlatDrill in the immediate and long term.