Grafoid logoThe Canadian Grafoid aims to purchase the Germany-based Ames Rubber Corp. by June 30th. Ames Rubber specializes in elastomeric materials and processes, holds numerous patents and has customers in office automation, aerospace, defense, automotive, medical, and other industrial sectors.  

Grafoid representative says that the purpose in acquiring Ames is to broaden the company's opportunities by bringing its Mesograf graphene materials into an established, high-value market through a diverse range of elastomeric materials, working with an experienced team of engineers and scientists. Grafoid also states that Ames might be its springboard into the $700 billion rubber and plastics market.