Photocat A/S : NEW Order / Agreement
(Thomson Reuters ONE) -
May 31(th) 2016
Photocat has granted leading European roofing manufacturer exclusive rights to
its latest slate treatment technology.
During the last year more and more of the concrete and roofing industry has
requested better performance in the NOx degradation ability than first
generation products could deliver. Photocat has developed and commercialized
improved solutions in 2015. The latest generation will in Photocat opinion give
a factor improvement of the NOx degradation. What is also important is that the
novel technology would be price competitive to first generation solutions while
offering advantages in efficiency and freedom of design.
The Technology has the potential to increase the share of bitumen membrane sold
with Photocatalytic activity significantly. The European market for Bitumen
membranes is estimated to be more than 400 mill SQM yearly.
Mr. Michael Humle, CEO of Photocat A/S, expresses: We are in the business of
cleaning the air you breathe and I believe that this new technology will result
in a strong penetration of NOx reducing membranes in the Nordic market. In my
opinion this market has a potential of more than 4 Mill SQM in the coming 2 to
5 year period. This could result in turnover increase for Photocat of between 2
to 15 mill DKK per year.
No financial figures are released with this message.
Photocat manufactures patented coating materials for both outdoor and indoor
applications with the effect to degrade NOx and VOCs when exposed to light. Both
NOx and VOCs are severely damaging to human health. Photocat patented technology
is a very efficient and an economically viable alternative to many of the
traditional technologies targeting NOx (e.g. bus catalysts, flue gas cleaning
etc.). Photocat's shares are listed on Nasdaq Stockholm, First North with the
ticker symbol PCAT. The company's Certified Advisor is Redeye AB.
For More Information, Please Contact:
Michael Humle, CEO, Photocat A/S
Tel: +45 2210 2523
e-mail: michael(at)photocat.net
NEW Order / Agreement:
http://hugin.info/170778/R/2016728/748097.pdf
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(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Photocat A/S via GlobeNewswire
[HUG#2016728]
Unternehmensinformation / Kurzprofil:
Datum: 31.05.2016 - 11:37 Uhr
Sprache: Deutsch
News-ID 474485
Anzahl Zeichen: 2899
contact information:
Town:
Roskilde
Kategorie:
Business News
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