TORONTO — January 24, 2024 — Black Swan Graphene Inc. is pleased to announce the establishment of a Distribution and Sales Agreement with Thomas Swan & Co. Ltd., effective January 23, 2024. This agreement leverages the existing strategic partnership and positions Thomas Swan as a value-added non-exclusive distributor and reseller of Black Swan’s innovative Graphene Enhanced Masterbatch (GEM) products in the polymer additive market.
Black Swan’s recently achieved groundbreaking advancement in polymer composites using GEMs. Thomas Swan will now distribute and significantly broaden the market presence of these GEM products through its Polymer Performance Solutions division where it possesses proven expertise in delivering value-add solutions to both the rubber and polymer markets, in addition to its chemical formulation expertise. The agreement outlines the terms and conditions of the partnership, fostering collaboration and growth in the global market whilst embracing Black Swan’s approach to avoid supply chain disruption.
Harry Swan, CEO of Thomas Swan and chairman of Black Swan, commented: “Our journey in graphene commenced over a decade ago. After dedicated years of investing in graphene processing development, we established Black Swan to champion commercialization and downstream ventures. The efforts invested by Black Swan from its inception have now culminated in the creation of products ready for immediate commercial deployment, where they can be adopted without any supply chain disruption. Armed with this achievement, I am genuinely thrilled that Thomas Swan is now poised to harness its distribution channels and market access.”
This partnership has the potential to introduce a paradigm shift in sustainability through the innovative use of bio-based and recycled polymers using GEM as the enabler of features such as improved strength, impact resistance and barrier properties. These features will allow major companies to reduce their carbon footprint through the use of compostable consumer packaging materials. Thomas Swan has been distributing, as well as manufacturing chemicals and advanced materials since 1926, and is today a supplier to a substantial customer base in over 80 countries globally.
Distribution and Sales Agreement
Thomas Swan is appointed as non-exclusive distributor and reseller of Black Swan’s GEM Products within the polymer additive market, leveraging its extensive global network. The Agreement shall remain in force until the fifth anniversary of its effective date. Both parties have the option to renew the Agreement upon mutual agreement. The terms include the establishment of a framework for transparent pricing, shipment logistics, documentation provision, invoicing, payment terms, and other respective responsibilities.
Posted: January 24, 2024
Source: Black Swan Graphene Inc.
