Australian advanced materials technology company, Talga Resources Ltd ("Talga" or "the Company")(ASX:TLG) is pleased to advise it has signed a Letter of Intent ("LOI") with BillerudKorsnäs, a Swedish based multinational packaging company.
Under the LOI, Talga and BillerudKorsnäs will jointly explore potential benefits of incorporating a Talga graphene (Talphene®) product into a BillerudKorsnäs packaging application.
Talga Managing Director Mark Thompson: "Talga is excited to be working with BillerudKorsnäs who are at the forefront of paper and board packaging innovation, sustainability and performance.
We look forward to exploring our graphene product technology toward success of the application".
BillerudKorsnäs' CTO Magnus Wikström: "Talga's advanced solutions fit very well with BillerudKorsnäs' vision of challenging conventional packaging for a sustainable future. We are happy for this collaboration and look forward to jointly explore new possibilities together with the Talga team".
BillerudKorsnäs provides packaging materials and solutions that challenge conventional packaging for a sustainable future. We are a world-leading provider of primary fibre based packaging materials and have customers in over 100 countries. The company has 8 production units in Sweden, Finland and the UK and about 4300 employees in over 13 countries. BillerudKorsnäs has an annual turnover of about SEK 22 billion and is listed on Nasdaq Stockholm. www.billerudkorsnas.com
Talga Resources Ltd ("Talga") (ASX: TLG) is a vertically integrated advanced material company enabling stronger, lighter and more functional graphene and graphite enhanced products for the global coatings, battery, construction and polymer composites markets. Talga has significant advantages owing to its 100% owned high grade natural graphite deposits in Sweden, processing innovations and product technology. Joint development programs are underway with a range of international corporations.