Photocat A/S Establishes Its Second Partnership in Spain with Adybor To Offer NOx Degrading Concrete Tiles Under The Brand Name NOxOFF(TM)
(Thomson Reuters ONE) -
Photocat A/S and Prefabricados Adybor SA have entered an agreement to offer NOx
degrading concrete products in Spain. The new concrete products will contribute
to improved air quality in Spanish cities such as Madrid which are experiencing
a severe air quality problem. The new products from Prefabricados Adybor are
expected to reduce both public and private health costs caused by NOx pollution
as well as improve the quality of life for numerous citizens.
Photocat A/S expects the partnership to yield revenues between ?50.000 and
?150.000 in 2017.
Photocat A/S expects more partnerships in Spain for its NOxOFF(TM) technology
with concrete tile and bitumen membrane producers as the Company continuous to
establish a foothold in the country.
"In Spain, photocatalysis is used but although research supports the technology
quantifying the effect on air quality and public health has been difficult. The
NOxOFF(TM) brand and technology offers us a strong documentation of its effect
and quantification of the positive health effects of photocatalysis and that
sets the NOxOFF(TM) technology and brand apart. We are looking forward to launch
this new line of products together with Photocat and contribute positively to
air quality in Spain." Says Alberto Ruiz Pascual, CEO of Prefabricados Adybor
SA.
"With Adybor as a NOxOFF partner Photocat continues to build partnerships in
Spain. The Spanish market is looking very interesting with a lot of positivism
towards photocatalysis which also has seen strong political recognition. We are
in dialogue with other potential partners for both concrete, bitumen and
Photocat Garden and hope to build a strong customer base in Spain during 2017."
Says Jonathan Humle, Photocat
About Photocat:
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's 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 Mangold
Fondkommission.
For More Information, Please Contact:
Adam Sagedahl, Strategic Director at Photocat
Tel: +45 42 75 95 46
e-mail: adam.sagedahl(at)photocat.net
2016.12.15_Photocat Enters Partnership with Adybor in Spain:
http://hugin.info/170778/R/2065271/775282.pdf
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Photocat A/S via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 15.12.2016 - 08:00 Uhr
Sprache: Deutsch
News-ID 513056
Anzahl Zeichen: 3354
contact information:
Town:
Roskilde
Kategorie:
Business News
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