An insulating cool roof coating containing Quartzene[®] is very efficient in saving energy – this has been confirmed in a research project at the University of Gävle. The aim of the project, which was carried out in 2022, was to simulate the energy consumption of a standard building covered with a Quartzene[®] cool roof coating. The good result is due, among other things, to the very high solar reflectance index (SRI) of Quartzene[®].
Svenska Aerogel is now officially certified by Healthy Place To Work Sweden as a sustainable and healthy workplace. Healthy Place To Work is the global standard for workplace health certification, and is only awarded to organizations that show a clear commitment to health promotion measures.
In September, Svenska Aerogel introduced their new product SeaQare™, an innovative technology that can be used in antifouling paint to reduce copper release from leisure boats into our seas. At that time, the company also presented independent testing of SeaQare™ from 2021 which had extraordinary results. Now results have come in from another test, carried out in 2022. The new independent testing also presents very good results, which confirms the positive effect of SeaQare™.
The demand for Quartzene® in cool roof applications is increasing, especially in southern Europe. Svenska Aerogel’s latest order exemplifies this. The order for 500 kg of Quartzene® was recently sent to the French distributor Novcoat. Novcoat will in turn distribute the material to the company Renovcoat, for use in cool roof solutions.
On Thursday, October 27 at 2:00 PM (CEST), German chemical company Worlée will be hosting a webinar together with Svenska Aerogel. During the webinar, the two companies will present their collaboration WorléeShield. WorléeShield is a sprayable thermal insulating coating which can – due to its low thermal conductivity – save energy and costs. In addition, the technology can protect personnel against contact burns and thus contribute to increased safety at workplaces in the process industry.
This month Svenska Aerogel participated in the International Antifouling Conference, organized by I-Tech and RISE in Gothenburg. At the conference, Pernilla Ståhle, Head of R&D at Svenska Aerogel, presented the company’s new product SeaQare™ – a sustainable technology that can be used in antifouling paints to reduce copper toxicity in our seas. Independent product testing has presented extraordinary results.
Elin Lovén will take up the position as Chief Financial Officer (CFO) of Svenska Aerogel Holding AB. Elin will replace Olof Esgård and will join Svenska Aerogel latest January 2023. She is a senior executive with a vast CFO experience and finance reporting experience from companies such as Sandvik Mining & Rock Technology, Duro Sweden AB and Grant Thornton.
Recently, Svenska Aerogel received the first payment of just over 223 KEUR for the collaboration agreement that was signed in July with a world-leading producer in the process industry. This has a positive financial impact on the third quarter of 2022. Revenues from other sales will be added to this amount. Based on today’s exchange rate, the total financial compensation to Svenska Aerogel for the collaboration during the fall of 2022 will be 465 KEUR in the form of R&D services.
To optimize the use of Quartzene®, a world leading producer in the process industry enters into a collaboration agreement with Svenska Aerogel. The collaboration agreement initially refers to funding a joint research and development plan. The financial compensation to Svenska Aerogel amounts to 465 KEUR for the R&D services. In addition, the customer has the option to order Quartzene®, with an expectation of approximately 30 tons per year during the pilot phase.
