By Iain Gilbert
Date: Tuesday 13 Nov 2018
(Sharecast News) - Advanced materials group Haydale Graphene has inked a joint development agreement with Thai smart labels manufacturer Star RFID.
Haydale, via its Thai subsidiary, and Star will aim to quickly co-develop both graphene and silver-based inks for the printed radio frequency identification market.
The AIM-listed firm, which expects the co-development to lead to a supply and collaboration agreement in the coming months said it had already begun development of a dedicated silver ink for Star.
Executive chairman David Banks, said: "Since HTT, our Thai facility, officially opened in March 2017, we have secured a number of paid-for projects that have developed into longer term and closer working relationships with some of Thailand's high profile companies."
"Star RFID is no exception and we look forward to further developments in 2019."
As of 0850 GMT, Haydale shares had shot up 14.29% to 14p.
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