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Gloucestershire Business News

Versarien secures ‘hot’ deal with Spanish firm

Advanced materials manufacturer Versarien Plc has announced it has signed a deal which will put it right in the heat of the action in Spain.

The Cheltenham firm, barely spoken of without the mention of wonder material graphene, has signed a "collaboration agreement" with Refractory Solutions Insertec S.L.U., an international manufacturer of industrial furnaces and refractory products.

Under the agreement Versarien and Insertec will be working on a project to incorporate Versarien's Hexotene® into certain of Insertec's refractory materials with a view to enhancing their performance in molten metal applications.

Neill Ricketts (pictured), CEO of Versarien, said: "I am delighted that Versarien is working with Insertec with a view to enhancing the performance of their ceramics, used in foundries and other areas when molten metals are handled, through the addition of Versarien's Hexotene®.

"This is our first collaboration utilising Hexotene® in a high temperature industrial application and we look forward to working with the Insertec team.

"As outlined at the time of our AGM on 24 September 2019 our other key collaborations continue to progress in line with our expectations and I look forward to providing further updates on those, together with new potential applications for our 2D materials that are currently under discussion, in due course."

Hexotene® is described as a few layer hexagonal boron nitride (h-BN) nanoplatelet powder with large lateral dimensions.

Also known as "white graphene", hexagonal boron nitride has a layered structure similar to graphite. With high chemical purity and mono-layer particles confirmed, Hexotene® was added to Versarien's high performance 2D material product range in March 2018.

Some of the key properties of Hexotene® Versarien believes could be "particularly beneficial" when added to Insertec's high temperature refractory products include its high thermal stability, high thermal conductivity, high mechanical strength and its resistance to many chemicals and solvents.

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