Client NewsTirupati Graphite plc: Exclusive UK Distribution Rights for Flame Retardant Products
Tirupati Graphite plc (TGR.L, TGRHF.OTCQX), the specialist graphite and graphene company developing sustainable new age materials, announces that Tirupati Speciality Graphite Private Limited (‘TSG’ ), whom the Company has a binding acquisition agreement to acquire 100% of the equity shares subject to regulatory approvals, has signed an exclusive UK marketing and distribution agreement with Minralis Limited (“Minralis”) for TSG’s range of expandable graphite-based CarboflameX® and GrafEN 45545® products.
TSG is developing a suite of graphite-based products to be used in hi-tech applications like lithium-ion batteries, composites, foils, gaskets, thermal management and expandable graphite-based flame retardant products for which it has secured UK REACH registration for marketing in the UK.
The Company continues to work on creating global markets for these graphite-based products and has prioritised the growing UK demand for flame retardant technology in response to the UK Government’s 2021 commitment to invest £5 billion into building safety, including the replacement of unsafe cladding, following the enquiry into the 2017 Grenfell Tower tragedy.
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