Applied Graphene Materials (AGM) has signed a supply agreement with a global leader in the car detailing industry for an exclusively developed graphene-based solution. The partnership with an undisclosed 'global household name brand' is said to represent a significant milestone for AGM in the car care sector, where it has already announced multiple product launches with smaller participants.
AGM said its new partner is driving innovation in the market and now leads the way in the supply of high-performance auto detailing and finishing products. The addition of AGM's Genable graphene nanoplatelet dispersion technology into car care systems has the potential to significantly improve the barrier performance of waxes, polishes and finishing sprays for vehicles, the company added.
In a statement, Adrian Potts, chief executive officer of AGM, said: "We are delighted to be able to sign this supply agreement and to develop a closer relationship with one of the leading industry players within car care. Innovative manufacturers in this fast-moving market are looking to exploit the differentiation that graphene can offer, so we have seen growing interest in its use for in cleaning and coating products to protect surfaces and improve vehicle aesthetics."
"The opportunity to collaborate with a global leader as its supply partner of choice will further strengthen AGM's position in the sector and the partnership reflects our capability to produce high quality, consistent graphene nanoplatelet dispersions at production volumes," Potts added.