Sydney, Oct 14, 2016 -
Pacific American Coal Limited (ASX:PAK) is pleased to provide shareholders the latest Imagine Intelligent Materials (Imagine IM) update. PAK holds a 40% equity interest in Imagine IM, which forms the cornerstone of the Company's investment into technology companies. Imagine IM is focused on delivering value through the commercialisation of graphene based technologies.
The Imagine IM Market Update - includes the following highlights:
- Imagine IM is expanding the commercialisation opportunities for graphene into thermoplastic compounds
- MoU signed with Duromer Group (Sydney-based Duromer Products together with Vietnamesebased DuroColour Ltd)
- Target market is permanent anti-static and static-dispersive coloured thermoplastics for pipes, packaging and consumer plastics
- Together Imagine IM and Duromer Group will deliver economically competitive static-dispersive polymers into new market verticals
For information further on the Imagine IM Market Update, please contact:
Chris Gilbey OAM, Chief Executive Officer
Imagine Intelligent Materials Pty Ltd
By visiting http://imgne.com
To view the announcements, please visit:
http://abnnewswire.net/lnk/F595W2W4
About Pacific American Coal Ltd
Pacific American Coal Limited (ASX:PAK) is focused on the production, development and exploration of the metallurgical coal assets in North America. The Company's strategic focus is on the 100% owned Elko coking coal project in British Colombia and its investments in technological advanced opportunities.
Contact
Mark Sykes, Chief Executive Officer
Australia
Dom Hill, Business Development Manager
North America
Pacific American Coal Limited
Tel: +61-2-9252-5300
Fax: +61-2-9252-8400
www.pamcoal.com
