Photocat A/S announces a 3-years Partnership and License Agreement with Prefabricados Ponce S.L. to combat NOx pollution in Spain.
22 Mayo 2024 - 2:50AM
Photocat A/S announces a 3-years Partnership and License Agreement
with Prefabricados Ponce S.L. to combat NOx pollution in Spain.
May 22nd 2024
Photocat A/S announces a 3-years
Partnership and License Agreement with Prefabricados Ponce S.L. to
combat NOx pollution in Spain.The agreement
entails a commitment to procure a minimum quantity of 12,000
kilograms of photocatalytic fluid per year throughout the
contractual period.
Roskilde, Denmark. May 22, 2024 – Photocat A/S,
a leading innovator in sustainable solutions, is pleased to
announce a strategic partnership and license agreement with
Prefabricados Ponce S.L., a prominent Spanish company specializing
in GRC facade products (Glass Reinforced Concrete). This three-year
agreement grants Prefabricados Ponce S.L. access to Photocat's
proprietary NOxOFF photocatalytic technology, marking a significant
step forward in combating air pollution and promoting environmental
sustainability in Spain.
Key Partnership Highlights:
- Access to Cutting-Edge
Technology: Prefabricados Ponce S.L. will leverage
Photocat's advanced NOxOFF photocatalytic technology to enhance its
portfolio of GRC facade products, contributing to cleaner air and
improved environmental quality.
- Three-Year
Commitment: The partnership encompasses a three-years
agreement, demonstrating both parties' long-term dedication to
advancing sustainable solutions and reducing NOx pollution in
Spain.
- Minimum Production
Commitment: Prefabricados Ponce S.L. commits to producing
GRC elements with a minimum of 12,000 kilos of photocatalytic fluid
per year, ensuring a substantial impact on air quality improvement
throughout the partnership.
- Focus on Environmental
Awareness: Prefabricados Ponce S.L. and Photocat will
actively collaborate to raise awareness in Spain about the benefits
of NOxOFF technology and its ability to significantly reduce NOx
pollution, fostering a culture of environmental responsibility and
sustainability and by that ensure better air quality for
citizens.
Jesper Elsgaard, Chief Business Officer of Photocat
A/S, expresses his enthusiasm, stating, "We are delighted
to partner with Prefabricados Ponce S.L. to bring our NOxOFF
technology to the forefront of environmental innovation in Spain.
We actively pursue partnerships with industry leaders, and I am
thrilled to have finalized this collaboration agreement. This joint
venture will significantly benefit prominent architects and
developers, as it enables us to collectively provide
industry-leading technology to surfaces for iconic buildings while
combating NOx pollution. Together, we aim to create a cleaner and
more sustainable future for generations to come".
Roberto M. Ruiz, Managing Director of Prefabricados
Ponce S.L., adds, "This partnership with Photocat
represents a significant milestone for Prefabricados Ponce S.L. as
we continue our commitment to delivering high-quality and
environmentally responsible solutions. By integrating NOxOFF
technology into our GRC facade products, we are taking proactive
steps towards reducing air pollution and enhancing the well-being
of communities across Spain".
Importantly, this License Agreement with Prefabricados Ponce
S.L. will not influence the expectations for the financial
performance of 2024.
For further information, please contact:Jesper
ElsgaardChief Business OfficerPhotocat A/S Tel: +45 5121 7651
e-mail: jes@photocat.net
About Photocat A/S:Photocat is
a leading innovator in sustainable solutions, dedicated to
harnessing the power of photocatalysis to create a cleaner and more
sustainable world. With a focus on cutting-edge technologies and
partnerships, Photocat is at the forefront of environmental
innovation. Photocat’s shares are listed on Nasdaq Stockholm, First
North with the ticker symbol PCAT. The company’s Certified Advisor
is Eminova Fondkommission AB.
About Prefabricados Ponce S.L.:Prefabricados
Ponce S.L. is a renowned Spanish company specializing in, among
other products, the manufacturing of high-quality Glass Reinforced
Concrete (GRC) facade products. With over 15 years of industry
experience, Prefabricados Ponce S.L. is committed to excellence in
design, innovation, and sustainability. The company's mission is to
provide innovative and environmentally responsible solutions that
enhance the aesthetic appeal and performance of buildings while
contributing to a cleaner and healthier environment for future
generations.
Photocat A/S (publ) l Langebjerg 4 DK-4000
Roskilde l Tel: +45 7022 5055 l www.photocat.net
- 240522_Press Release - Ponce SL 3-years license agreement -
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