Predict your next investment

Corporation
INDUSTRIAL | Basic Materials / Plastics & Fibers
eplcompositesolutions.co.uk

See what CB Insights has to offer

Founded Year

1992

Stage

Grant | Alive

Total Raised

$12.34M

Last Raised

$70K | 20 yrs ago

About EPL Composite Solutions

Provider of advanced polymer composite materials.

EPL Composite Solutions Headquarter Location

Unit 10, Charnwood Business Park North Road

Loughborough, LE11 1QJ,

United Kingdom

44 150 921 0027

Latest EPL Composite Solutions News

Haydale Graphene : Grant Award to Haydale Subsidiary EPL Composite Solutions Limited

Dec 19, 2014

(You can enter multiple email addresses separated by commas) Message : Haydale  Graphene  Industries  plc  ("Haydale"  or  the  "Company")   Grant  Award  to  Haydale  Subsidiary  EPL  Composite  Solutions  Limited  ("EPL")     Haydale   Graphene   Industries   plc   (AIM:HAYD),   the   Company   focused   on   enabling   technology   for   the  commercialisation   of   graphene,   is   pleased   to   announce   that   its   wholly   owned   subsidiary   EPL   has  been   awarded   a   £261,000   Regional   Growth   Fund   ("RGF")   grant   by   the   Leicester   and   Leicestershire  Enterprise  Partnership  ("LLEP"). These  funds  will  be  provided  in  the  first  quarter  of  2015. Use  of  Grant  Funding   EPL  has  for  over  10  years  been  working  closely  with  the  oil  and  gas  industry  on  the  development  of  a  process   to   manufacture   spoolable,   high   pressure,   fibre   reinforced   thermoplastic   composite   pipes  ("RTP")   on   a   continuous   basis. The   RTP   product   is   aimed   at   a   replacement   for   corrosion   resistant  steel  pipes  currently  in  world-­‐wide  use. The  grant  funding  will  part-­‐finance  EPL  to  undertake  a  series  of   long   term   accelerated   durability   tests   by   EPL   on   the   fibre   reinforced   thermoplastic   composite  pipes   in   line   with   the   American   Petroleum   Institute   (API)   recommended   practice   15S. API   is   the  largest   US   Trade   Association   for   the   oil   and   natural   gas   industry,   representing   some   400  corporations,  and  testing  product  to  API  15S  is  an  essential  step  towards  the  successful  exploitation  and  commercialisation  of  the  RTP  process  in  the  US  oil  and  gas  industry. EPL   is   also   working   closely   with   Haydale   to   incorporate   graphene   into   the   thermoplastic   composite  pipes   in   order   to   enhance   the   oil   and   gas   permeation   resistance   of   these   materials   as   well   as  increasing  the  materials  long  term  durability  performance. Ray  Gibbs,  CEO  at  Haydale,  commented:     "The  oil  and  gas  industry  is  known  as  an  adopter  of  new  materials. This  grant  award  will  enable  us  to  rapidly   develop   and   test   our   graphene   enhanced   composite   which   could   lead   to   commercial  development  within  twenty  four  months  in  a  potentially  significant  market. We   are   convinced   that   functionalisation   of   graphene   is   the   key   to   the   successful   commercialisation  of  graphene  enhanced  products  and  I  am  pleased  that  the  graphene  industry  has  acknowledged  that  dispersion   is   necessary   for   the   effective   adoption   of   graphene. Our   process   has   already   been  verified   by   the   UK   National   Physical   Laboratory   and   Aerospace   Corporation,   the   US   based   independent   research   organisation,   who   reported   more   than   a   100%   increase   in   structural   strength   and  stiffness  of  epoxy  composites  using  Haydale's  functionalised  graphene  nanoplatelets. These  grant  funded  tests  will  add  a  further  level  of  endorsement  of  our  proprietary  plasma  process. It   also   demonstrates   to   the   manufacturers   of   graphene   and   industrial   users   of   graphene   enhanced  products   that   our   process   produces   the   improvements   in   not   only   product   performance   that  industry  is  looking  for  but  potentially  offers  enhanced  materials  replacement  possibilities. "   Gerry  Boyce,  Managing  Director  at  EPL  added:       "Tests   on   prototype   pipes   have   been   extremely   successful   and   we   are   looking   forward   to   further  development  and  certification  of  a  range  of  materials,  pipes  and  pipeline  systems  and  the  creation  of  an  advanced  high  value  UK  technology. The  setting  up  of  a  pipeline  test  facility  at  EPL  will  accelerate  the  long  term  testing  of  thermoplastic  composite    pipes  required  by  API  15S  as  well  as  enabling  us  to  fast  track  new  materials  such  as  graphene  enhanced  thermoplastics  into  the  composite  pipelines. "   Kevin  Harris,  Vice-­‐Chair  of  the  LLEP  said,  "EPL  is  a  specialist  firm  and  really  helps  to  demonstrate  the  diverse  range  of  businesses  that  the  RGF  has  supported. The  RGF  aims  to  stimulate  local  job  creation  and  private  sector  growth  and  so  far  the  LLEP  has  given  out  over  £12.5  million  in  grants,  helping  over   120  companies  in  the  Leicester  and  Leicestershire  area. "   -­‐  ends  -­‐   For  further  information  please  contact:   Haydale Graphene Industries plc 01269  842  946   John  Knowles,  Chairman   Ray  Gibbs,  Chief  Executive  Officer     Cairn Financial Advisers LLP (Nomad) 0207  148  7900   Tony  Rawlinson   Cantor Fitzgerald Europe (Broker) 020  7894  7000   David  Foreman    

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

CB Insights uses Cookies

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.