KUALA LUMPUR (27 March 2024) – The Advanced Materials team have entered a supply agreement with Kansai Paint Asia Pacific (KPAP) to supply its graphene-based paint additive ProShield+™. The agreement sees the Advanced Materials team their Underwater Epoxy (UWE) additive over the course of two years for incorporation into Kansai Paint products.

“I am confident that this will take us into a long-term collaboration to grow and diversify our market segments together in a manner that adds value to both parties,” said Dr. Mahpuzah Abai, CEO of PETRONAS Technology Ventures during the signing ceremony.

                                         

_{(L-R) Ms. Dileezaa Lurthanathan (Head of Advanced Materials), Dr. Mahpuzah Abai (CEO, PETRONAS Technology Ventures Sdn Bhd, Mr. Anthony     Tan (Managing Director, Kansai Paint Asia Pacific) and Mr. Masayuki Yokota (General Manager (Technical), Kansai Paint Asia Pacific)}

ProShield+™ was launched in late 2022 as the pioneer product of the Advanced Materials corporate venture. By harnessing the superior properties of graphene, the paint additive was designed to provide corrosion protection against harshest of weather conditions to reduce maintenance repainting costs, extend the lifespan of the infrastructure, and ultimately enhance asset safety and integrity.

The idea behind ProShield+™ is fairly simple; simply add in ProShield+™ masterbatch into regular epoxy paint and watch as the paint’s corrosion resistance gets elevated into higher levels. This happens as the graphene nanoplates in the coating now creates a torturous pathway that hinders corroding agents from reaching the steel surface. True to the team ethos in making products as efficient and customer-friendly as possible, ProShield+™ does not require any changes to the existing blending process nor does it require any specialized machineries to be incorporated into the epoxy paint.

                                                                                       _{The properties of ProShield+™ hinders the corroding agents from reaching the steel surface and slows corrosion.}