Haydale has announced a new joint development agreement with the Saudi Arabian pipe producer Amiantit's Flowtite Technology, an R&D headquarters based in Norway, to develop pipeline solutions utilizing advanced materials technology including Haydale functionalized graphene based thermosetting resin masterbatches.
Flowtite Technology is the wholly owned GRP Pipe technology and R&D Center of The Saudi Arabian Amiantit Company, a world leading glass fibre reinforced plastic (GRP) pipe company. The company has annual revenues in excess of USD$700 million, and is a leading global supplier of water transport, sewer, irrigation and gas systems.
Under the terms of the two year agreement Haydale will, assuming a successful outcome from the initial trial, grant Amiantit exclusive worldwide rights to develop its unique technology in next generation GRP pipe systems for water and sewerage applications.