TIDMZED
Zenova Group PLC
30 August 2023
30 August 2023
Zenova Group PLC
("Zenova", the "Company" or the "Group")
Zenova expands Zenova FP market with successful tests on
steel
Zenova Group PLC (AIM: ZED), is pleased to announce a further
major development in the certification process of the Company's
products, as Zenova's FP fire protection, intumescent paint has
successfully been fire tested by BRE. This latest certification
will directly impact Zenova's efforts to supply the construction
market for Zenova FP applications for fire protection on steel.
Zenova FP fire resistance tested
Indicative Fire Resistance Tests were performed by the
independent testing house BRE using BS476-20 and BS476-21:1987
testing standards.
Tests were also carried out with Zenova FP intumescent coating
applied to various loaded and unloaded I-section steel columns and
fire resistance tests were performed in accordance with EN
13381-8:2013.
UK market opportunity for Zenova FP
UK building regulation requires that all steel used in the
construction industry now has to be treated with intumescent paint.
Zenova FP gaining fire protection effectiveness confirmation for
steel applications will open up 60%-70% of the total UK addressable
market for intumescent coatings for Zenova products.
Larger international market opportunity for Zenova FP
According to a recent article published by MarketsandMarkets on
Bloomberg:
-- The intumescent Coatings Market worth $725 million by 2028
-- The structural steel & cast-iron segment is expected to
account for the largest shares in 2023.
-- Europe has emerged as a dominant market for cellulosic fire
protection intumescent coatings due to its stringent safety
regulations, advanced infrastructure, growing awareness of fire
safety, and favorable market conditions.
https://www.bloomberg.com/press-releases/2023-08-25/cellulosic-fire-protection-intumescent-coatings-market-worth-725-million-by-2028-exclusive-report-by-marketsandmarkets
"We are pleased at this successful independent testing and
validation of Zenova FP performance on steel," said Thomas
Melchior, CEO of Zenova Group. "This opens up large potential
market segments in particular for fire protection solutions on
steel for the construction industry."
For further information please contact:
Zenova Group PLC
Thomas Melchior, Chief Executive Via Orana Corporate LLP:
Officer Anthony Eastman
Fiona Rodford, Executive Vice Chairperson Tel: +44 20 3475 6834
SPARK Advisory Partners Limited (Nominated Adviser)
Matt Davis / Adam Dawes Tel: +44 20 3368 3550
SI Capital Limited (Broker)
Nick Emerson Tel: +44 1483 413 500
About Zenova Group PLC
The Group, through Zenova Ltd, is the holder of intellectual
property that underpins a suite of fire safety and temperature
management products and technology. The product range is applicable
to industrial, commercial, and residential markets. The Group's
products include fire retardant paints, insulating paints and
render, fire extinguishing fluid and fire extinguishers. Through
innovative development, and a refined formulation and development
process, Zenova provides industry leading solutions across a range
of fire protection and temperature management problems,
comprising:
Zenova FP, fire protection paint
A water based, fire protection paint (also known as a
'thermofoaming' or 'intumescent' paint), which can be used on any
surface and colour matched to any colour. When exposed to heat or
flames, the paint expands and creates a solid foam-like crust which
will not burn and insulates the surface it is painted on. This
prevents surfaces from catching fire and stops fire spreading. It
has been tested by global fire industry experts and complies with
UK building regulations and the latest UK and European fire safety
standards.
Zenova IP, thermal insulation paint
A thermal insulation paint embeds the most modern insulating
technology in a thermos-like ultra-thin layer. It saves energy by
increasing the thermal insulation level in commercial and
residential buildings. Solar heat can increase the temperature
within a building by 75% to 90%. Zenova IP has been independently
tested and validated to deflect, absorb and dissipate up to 75% of
this heat, thereby reducing the inside temperature by up to 45%.
Suitable for both exterior and interior, on any type of surface
Zenova IR, thermal insulation render
Zenova IR is a ready mixed insulation render that can be applied
to internal and external walls in commercial and residential
buildings to provide immediate insulation benefits and can be
colour matched to any colour.
Zenova FX, fire extinguishers
A fire extinguisher like no other. It puts out class A, B, F, E
fires fully tested against European EN3 as well as British
standards. Available in 6 and 9 litre sizes.
Zenova FX500, aerosol fire extinguisher
The Zenova FX500 is a high performance handheld fire
extinguisher that is tested by independent experts and adheres to
the highest industry standards. Safe for use on any type of fire
the Zenova FX500 reduces the risk of reignition. The Zenova FX 500
is quick, easy and safe to operated and has been tested to BS6165
standard.
Zenova WB, wildfire barrier
A wildfire barrier fluid (applied via spray wands or aerial
drops), which provides a virtual barrier where fire simply will not
burn. Repeated tests on a variety of extremely dry wildfire fuels
(grasses, hays, brush) demonstrates the incredible fire resistance
Zenova WB provides, while remaining viable after application for30+
days in dry conditions.
Zenova CS, ceiling sprinkler
Blending the best features of both detectors and extinguishers
while avoiding the drawbacks of each. It senses heat rather than
smoke, resulting in less false alarms, and it's an automatic system
that doesn't require a battery or a person to operate it. The
modular Zenova CS unit expels 2.4 - 4.8 L of proprietary Zenova FX
suppression fluid at high-pressure to suppress the source of a
fire, yet maintains visibility that allows occupants to evacuate
quickly.
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