TIDMZED
Zenova Group PLC
04 September 2023
4 September 2023
Zenova Group PLC
("Zenova", the "Company" or the "Group")
Inaugural Zenova FP paint order for solar panelled roof market
in Greece
Zenova Group PLC (AIM: ZED), a provider of proprietary fire
safety and heat management solutions with applications across
housing, industrial, and commercial sectors, today is pleased to
announce an inaugural order in Greece for its proprietary
fire-retardant intumescent Zenova IP paint combined with
proprietary thermal insulation Zenova IP paint for the solar
panelled roof market for a large international coffee producer with
lots of warehouses across the globe.
This initial order with a value of GBP 39,800 from a client in
Greece is important for Zenova for a variety of key commercial
reasons and as a result bodes very well for future business in this
sector, not only in Greece but elsewhere around the world.
-- Solar panelled roofs are commonly a retrofit solution as is
the case with this major cold storage unit contract.
-- Solar panels can be seen to add to fire risk to the roof.
-- Zenova's FP paint fire retardant properties can address that
concern and make a key difference to insurability.
-- This capability opens up a new solar panelled roof market not only in Greece but generally.
-- Allows Zenova to approach a new target market of companies
with solar panel retrofit plans, and where an insurance solution is
likely to be required.
The selection and specification of Zenova products Zenova FP and
Zenova IP paints by the customer is a validation of our
fire-resistant technology, and our ability to help reduce the risk
of fire spread to the external roof area should the solar panels
malfunction. Zenova was able to offer a double benefit in that its
Zenova IP product is applied as a topcoat to add protection to the
Zenova FP product against adverse weather conditions whilst adding
further cooling insulation benefits for the internal building
temperatures.
The increase in solar installations on commercial large roof
spaces across the world can only increase the need and demand for
Zenova product solutions.
Thomas Melchior, Chief Executive of Zenova Group PLC commented:
I am delighted with this business win and am confident that this
innovative Zenova IP and Zenova FP solution for solar roof
installations will generate additional business in the future.
Zenova were able to respond to the customer's needs, and offer a
quick, economical and effective fire mitigation solution with our
Zenova FP paint. We believe this will allow us to open up new
markets and sales opportunities for fire protection and insulation
solutions for solar panel roof installations.
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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