Log in
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Dynamic quotes 
  1. Homepage
  2. Equities
  3. Canada
  4. Toronto Stock Exchange
  5. NanoXplore Inc.
  6. News
  7. Summary
    GRA   CA63010G1000


Delayed Quote. Delayed Toronto Stock Exchange - 07/30 03:59:59 pm
4.67 CAD   -1.06%
07/16NANOXPLORE : Virtually Closes The Market
07/15NANOXPLORE BRIEF : Has Graduated to the Toronto Stock Exchange As of Today
07/15NANOXPLORE : Graduates to the Toronto Stock Exchange
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

NanoXplore : Concludes Agreement to Supply Techmer PM, LLC, with GrapheneBlack™

06/16/2021 | 06:32am EDT
NanoXplore Concludes Agreement to Supply Techmer PM, LLC, with GrapheneBlack™

Montreal, Quebec - June 16, 2021 - NanoXplore Inc. ('NanoXplore' or the 'Corporation') (TSX-V: GRA and OTCQX: NNXPF) announces that it has entered into a multiyear agreement to supply GrapheneBlack™ grade of products to Techmer PM, LLC ('Techmer PM'), which agreement includes a customer-based exclusivity.

Based in Tennessee, Techmer PM is one of the largest plastic compounders in North America, specializing in modifying and fine-tuning the properties of technical polymers. Supported by worldwide manufacturing capabilities, Techmer PM will market its graphene-enhanced plastic compounds to a variety of industries in a number of diverse end uses and applications.

Graphene can deliver a host of benefits to various plastic formulations, to include boosting the strength of recycled resins, improving electrical conductivity properties, enabling lightweighting, and enhancing both barrier effectiveness and chemical resistance. Techmer PM's aim is to provide the highest performance properties possible across a wide spectrum of compounds and end products, which makes this agreement a significant technology collaboration for the Corporation.

Michael A. McHenry, Chief Executive Officer of Techmer PM, commented:
'We are a materials design company using leading-edge technologies to design customer and market-focused solutions. The long-term agreement with NanoXplore complements our approach, which is to customize solutions to maximize performance through collaborations and the leveraging of leading-edge technology.'

Soroush Nazarpour, President and Chief Executive Officer of NanoXplore, commented:
'This agreement is particularly exciting, as it allows us to further emphasize the value of graphene and enhance the profile of our GrapheneBlack™ brand.It also fosters collaboration with a leader in the U.S. market and furthers our efforts to expand the use of graphene.

About NanoXplore Inc.

NanoXplore is a graphene company, a manufacturer and supplier of high-volume graphene powder for use in industrial markets. NanoXplore provides standard and custom grapheneenhanced plastic and composite products to various customers in transportation, packaging, electronics, and other industrial sectors. NanoXplore is headquartered in Montreal, Quebec, with manufacturing facilities in Canada, the United States and Europe.

About Techmer PM, LLC

Founded in 1981, Techmer PM specializes in modifying and fine-tuning the properties of technical polymers. The company thrives on partnering and collaborating with plastics processors, fabricators, designers, specifiers, and brand owners. Drawing on a broad portfolio of resins -- from polyolefins to PEEK -- Techmer PM helps manufacturers enhance product function and appearance in scores of end-use markets. The award-winning firm operates seven North American plants and has extensive expertise in virtually every plastic- and fiber-related process, from additive manufacturing and blown film to nonwovens, injection molding, and sheet extrusion. Techmer PM was recognized by Plastics News as one of the industry's 'Best Places to Work' in six of the past eight years. Learn more by visiting techmerpm.com.

Forward-looking Statements

This press release contains forward-looking statements. All forward-looking statements are based on our beliefs as well as assumptions based on information available at the time the assumption was made and on management's experience and perception of historical trends, current conditions and expected future developments, as well as other factors, deemed appropriate in the circumstances. No assurance can be given that these assumptions and expectations will prove to be correct. Forward-looking statements are not facts, but only predictions and can generally be identified by the use of statements that include phrases such as 'anticipate', 'believe', 'continue', 'could', 'estimate', 'foresee', 'grow', 'expect', 'plan', 'intend', 'forecast', 'future', 'guidance', 'may', 'predict', 'project', 'should', 'strategy', 'target', 'will' or similar expressions suggesting future outcomes.

Forward-looking information is not a guarantee of future performance and involves a number of risks and uncertainties. Such forward-looking information necessarily involves known and unknown risks and uncertainties, which may cause the NanoXplore's actual results to differ materially from any projections of future results expressed or implied by such forward-looking information. Any forward-looking information is made as of the date hereof and, except as required by law, NanoXplore does not undertake any obligation to publicly update or revise such information to reflect new information, subsequent or otherwise.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For more information, please contact:

For Techmer PM, LLC:

Steve Loney
Director of Market Development
Techmer PM LLC
+1 (951) 903-9111
[email protected]

For NanoXplore Inc:

NanoXplore Inc.
Marie-Julie Comtois
Executive Assistant
+1 (514) 935-1677
[email protected]

Share the news?
Share on facebook
Share on Facebook
Share on twitter
Share on Twitter
Share on linkedin
Share on Linkdin
Share on email


NanoXplore Inc. published this content on 16 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 June 2021 10:31:02 UTC.

© Publicnow 2021
All news about NANOXPLORE INC.
07/16NANOXPLORE : Virtually Closes The Market
07/15NANOXPLORE BRIEF : Has Graduated to the Toronto Stock Exchange As of Today
07/15NANOXPLORE : Graduates to the Toronto Stock Exchange
07/15NANOXPLORE INC.(TSXV : GRA) dropped from S&P/TSX Venture Composite Index
06/23NANOXPLORE : Bolsters its Leadership with Graphene Supply and Distribution Agree..
06/23NanoXplore Inc. Enters into Multi-Year Supply and Distribution Agreement with..
06/22Techmer PM, LLC Enters into A Customer-Based Exclusive, Multiyear, Strategic ..
06/16UPDATE : NanoXplore Up Near 6% as Signs Multiyear Deal to Supply GrapheneBlack t..
06/16NANOXPLORE : Signs Multiyear Deal to Supply GrapheneBlack to Techmer
06/16NanoXplore Concludes Agreement to Supply Techmer PM, LLC
More news
Sales 2021 71,8 M 57,5 M 57,5 M
Net income 2021 - - -
Net cash 2021 40,5 M 32,5 M 32,5 M
P/E ratio 2021 -
Yield 2021 -
Capitalization 738 M 591 M 591 M
EV / Sales 2021 9,71x
EV / Sales 2022 6,36x
Nbr of Employees -
Free-Float 69,7%
Duration : Period :
NanoXplore Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends NANOXPLORE INC.
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus BUY
Number of Analysts 6
Last Close Price 4,67 CAD
Average target price 6,96 CAD
Spread / Average Target 49,0%
Managers and Directors
Soroush Nazarpour President, Chief Executive Officer & Director
Luc Veilleux Chief Financial Officer
Robert P. E. Wildeboer Chairman
Rocco Marinaccio Chief Operating Officer
Benoit Gascon Vice Chairman
Sector and Competitors
1st jan.Capi. (M$)
ECOLAB INC.2.07%63 144
SIKA AG31.97%49 919
GIVAUDAN SA21.23%46 049