Versarien Plc (LON:VRS) CEO Neill Rickets talks to DirectorsTalk about the agreement with Absolute Engineering. Neill explains how the relationship was developed, how products being developed by Absolute superior compared to those currently being produced in the flexoprint market, how Versarien graphene technology is aiding new developments, what this means for the company and the printing industry as an opportunity.
About Absolute Engineering – Established in 2000 and part of US based Pamarco since 2013, a natural innovator, Absolute is credited with producing the world’s first carbon fibre woven inking system and now trades worldwide, with over 85% of the output exported to the most sophisticated markets and the most advanced machinery suppliers in the corrugated, tissue and flexible packaging sectors. Specified as standard for many major integrated packaging groups worldwide the company continues to grow and innovate to develop unique equipment solutions for its established customer base.
Versarien plc, is an advanced engineering materials group. Leveraging proprietary technology, the Group creates innovative engineering solutions for its clients in a diverse range of industries. Versarien has three subsidiaries: Versarien Technologies Ltd owns the exclusive rights to a patent-protected additive process for creating advanced micro-porous metals targeting the thermal management industry and manufactures extruded aluminium heat sinks for the electronics and computing industries. Total Carbide Ltd, a leading manufacturer in sintered tungsten carbide for applications in arduous environments such as the oil and gas industry. 2-DTech Ltd., which specialises in the supply, characterisation and early stage development of graphene products.