Graphene NanoChem adds Petron Fuel International to list of customers

Graphene NanoChem, the nanotechnology and advanced materials company, has added Petron Fuel International Sdn Bhd, one of the largest supplier of fuels and petroleum products to the Malaysian market, to its list of customers.

The first delivery of PlatAmber, the group's palm waste based biofuel for the Malaysian market commenced last week, the group added.

Jespal Deol, Chief Executive Officer of Graphene NanoChem commented: "We are excited by the addition of Petron to our customers' list.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up

"This is a major development milestone for the group in our planned expansion and we are focused on building our delivery capabilities to service ongoing demand. We look forward to updating the market with further positive developments in the near term."

Shares in Graphene NanoChem were unchanged at 118p at 09:04 on Wednesday.

MF