Graphene Nanochem PLC (fka GRPEF)

[jupp]

second commercial order

1 October 2014

Graphene NanoChem PLC

("Graphene NanoChem" or the "Group")

PlatQuartZ Commercial Deployment

Graphene NanoChem (AIM: GRPH), the performance chemicals and advanced materials company, is pleased to announce the receipt of the second commercial order of the PlatQuartZ Series, its second high value graphene-enhanced products line for the oilfield chemicals market, valued at US$5.6 million.

Highlights

· Second commercial order of 2,640 drums of the PlatQuartZ Series, representing 6 fold increase over the first commercial order of 380 drums announced by the Group yesterday;

· Order from Scomi Oiltools Sdn Bhd ("Scomi Oiltools") for dispersion into water and oil based drilling systems and deployment to a National Oil Company;

· The revenue from the commercial order is US$5.6 million.

The PlatQuartZ Series offers high performance non-toxic lubricant additive solution for oilfield drilling, designed to enhance drilling rates by improving drilling efficiency and increasing wellbore stability with market-leading enhancement in torque and drag reduction.

Jespal Deol, Chief Executive Officer of Graphene NanoChem, commented: "We are delighted to announce the increase in sales of our PlatQuartZ Series that will boost revenues for the fourth quarter, further validating the commercial rollout of our products into the oilfield chemicals marketplace through our partnership with Scomi. We anticipate further orders for the PlatDrill Series in the near term.

www.investegate.co.uk/graphene-nanochem--grph-/rns/platquartz-commercial-deployment/201410010841551246T/