Business
Zenova FX approved as marine fire extinguishers
Zenova FX approved as marine fire extinguishers.
About this update from Zenova Group Plc
[{"type":"text","content":"\n\n11 March, 2024\nZenova Group PLC\n(\"Zenova\", the \"Company\" or the \"Group\")\n \nZenova FX extinguishers approved as marine fire extinguishers\n \nZenova Group PLC (AIM: ZED), the innovative fire suppression and interdiction solutions Company, is pleased to announce that the Zenova FX range of 6 and 9 litre extinguishers have been approved for the marine industry. The coveted MED approval confirms that the Zenova extinguishers meet the standards set forth by the Marine Equipment Directive to ensure that extinguishers are specifically designed and approved for use on marine vessels to ensure safety at sea. This opens up a $ 2.4 billion new market for the Zenova fire extinguishers. This market is expected to grow by 8% per year to reach $ 4.1 billion by 2029.\n \nThomas Melchior, CEO of the Zenova Group, commented, \"The MED certification further enhances the attractiveness of the Zenova FX extinguisher range. Our sales team is already in contact with the marine industry, and we are expecting to announce first orders form this promising sector soon.\"\n \n \n \nFor further information please contact:\n\n\n\n\n Zenova Group PLC\n\n\n\n\n Thomas Melchior, Chief Executive Officer\n Fiona Rodford, Executive Vice Chairperson\n \n\n\nVia Orana Corporate LLP:\nAnthony Eastman\nTel: +44 20 3475 6834\n \n\n\n\n\n SPARK Advisory Partners Limited (Nominated Adviser)\n\n\n\n\n Matt Davis / Adam Dawes\n \n\n\nTel: +44 20 3368 3550\n\n\n\n\n SI Capital Limited (Broker)\n\n\n\n\n Nick Emerson\n \n \n \n\n\nTel: +44 1483 413 500\n\n\n\n\nAbout Zenova Group PLC\n \nThe 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:\n \nZenova FP, fire protection paint\nA water based, fire protection paint (also k...