TIDMZED
RNS Number : 9811M
Zenova Group PLC
27 September 2021
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS STIPULATED
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IS CONSIDERED TO BE IN THE PUBLIC DOMAIN.
27 September 2021
Zenova Group PLC
ZENOVA INSULATION PRODUCTS FOR SOUTHDOWN HOUSING LAUNCH DATE
(AIM: ZED)
Zenova Group PLC ("Zenova", the "Company" or the "Group"), a
provider of innovative fire safety and heat management technology
and products, is pleased to announce that Southdown Housing
Association which has selected its innovative insulation products
for a pilot project making use of the insulating properties and
capabilities of Zenova IR render and Zenova IP paint is being
launched on 4 October this year.
In addition, Synetica Limited ( www.synetica.net ) has been
retained as an independent third party tasked with testing the
effectiveness of the Zenova products used in this pilot
programme.
This full pilot with Southdown Housing will assist them in
reducing their carbon footprint under the new Government
legislation guidelines of zero carbon emissions. With most local
authorities looking to achieve this target by 2030, Zenova's
innovative products can contribute significantly to accomplishing
these objectives. Building operational emissions, which include
heating, cooling and lighting, contribute to 28% of all global
emissions.
The pilot is located in a semi-detached residential property
that will be rendered using Zenova's unique formulation render
(Zenova IR) and its innovative powerful insulation paint (Zenova
IP) within the internal walls, floors, ceilings and roof space.
Southdown Housing is a specialist charity housing provider and
social landlord for vulnerable people, with 580 properties based in
Sussex County. It was established in 1972 and has grown to become
one of the largest voluntary sector employers in Sussex, providing
care and support for over 9,000 people.
Jim Aspdin Director of Housing for Southdown Housing Association
said:
"Southdown Housing is pleased to have initiated this pilot
program with Zenova Group Plc using its insulating render and
insulating paint products.
We are confident that the results of this program will
demonstrate that as responsible custodians of housing for our
tenants and the community we can progress towards the targeted
reduction in energy costs and emissions given rising prices and of
course world climate change"
Tony Crawley, Chief Executive Officer of Zenova Group PLC,
said:
"This momentous pilot scheme with Southdown Housing now
commences at the beginning of October and will prove the powerful
efficacy of the Zenova range of insulating products to save energy
costs under real-world circumstances. Nowadays, housing sector,
including local authorities and trusts face the great challenge
imposed by new legislation to meet carbon reduction targets. This
increasing necessity to improve the fabric of buildings offers a
significant market potential and Zenova has already attracted
interest which will further boost the rapid expansion across
multiple building facilities."
Enquiries:
Zenova Group PLC
Tony Crawley, Chief Executive Officer Via Orana Corporate
Don Nicolson, Non-Executive Chairman LLP:
Anthony Eastman
Tel: +44 20 3475
6834
SPARK Advisory Partners Limited (Nominated
Adviser)
Matt Davis / Adam Dawes Tel: +44 20 3368
3550
Brandon Hill Capital Limited (Broker)
Oliver Stansfield Tel: +44 20 3463
5000
Jonathan Evans
Note to Editors:
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 applications. 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
A water-based fire-resistant paint that prevents ignition and
spread of fire. It can be used in commercial, industrial and
domestic applications on variety of materials, from wood to
metal.
Zenova FX
Patent pending fire extinguisher filled with proprietary Zenova
Fluid (Zenova FXB) that extinguishes all types of fires, reduces
chances of re-ignition, works in cold (-15 C) conditions, is
non-toxic and does not produce harmful by-products.
Zenova IP
Thermal insulating paint that provides thermal reflection of
sunrays & infrared radiation, anti-condensation and anti-mould
properties. It can be applied to virtually any exterior or interior
material, regardless of the surface.
Zenova IR
Thermal insulating render to enhance the effectiveness of
insulation by creating a thermo shield. It fills all cavities and
gaps regardless of geometric shape and creates a vacuum - the most
effective insulator.
Zenova CS
Patent pending next generation ceiling sprinkler filled with
proprietary Zenova Fluid (Zenova FXB) that removes the need to
install large fluid tanks, piping, complicated equipment and
software. This sprinkler could be installed in the kitchen.
The Group has achieved this without compromising the
sustainability of natural and economical resources, including
personal health and safety , with ecologically sound products.
Further information on the Group can be found at
www.zenovagroup.com .
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