Business
Zenova FP paint order in Greece
Zenova FP paint order in Greece.
About this update from Zenova Group Plc
[{"type":"text","content":"\n\n4 September 2023\nZenova Group PLC\n(\"Zenova\", the \"Company\" or the \"Group\")\n \nInaugural Zenova FP paint order for solar panelled roof market in Greece\n \n \nZenova 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.\nThis initial order with a value of £ 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.\n· Solar panelled roofs are commonly a retrofit solution as is the case with this major cold storage unit contract.\n· Solar panels can be seen to add to fire risk to the roof.\n· Zenova's FP paint fire retardant properties can address that concern and make a key difference to insurability.\n· This capability opens up a new solar panelled roof market not only in Greece but generally.\n· 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.\nThe 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.\nThe increase in solar installations on commercial large roof spaces across the world can only increase the need and demand for Zenova product solutions.\nThomas Melchior, Chief Executive of Zenova Group PLC commented: I am delighted with this business win and am confident that this innovative Ze...