Announcement
Xeros Tech Grp plc : Major shipment of washing machines to South Africa
RNS Number : 3902W
Xeros Technology Group plc
01 August 2018
RNS Reach
1 August 2018
Xeros Technology Group plc
Major shipment of Xeros' near-waterless commercial washing machines to South Africa's Cape Province
Xeros Technology Group plc (AIM: XSG, 'the Group', 'Xeros'), the UK-headquartered technology business and innovator of a near-waterless laundry system, and fanute, a solution provider to the hospitality industry, announce the shipment of 16 near-waterless washing machines to the drought-inflicted Cape Province region of South Africa.
Cape Town is just one region where drought has led to a permanent change in water consumption being legislated, creating increased demand for Xeros' sustainability credentials in geographic markets that can no longer ignore issues around water scarcity.
The innovative solution, supplied through Xeros' commercial laundry division, recently-renamed Hydrofinity, offers a revolutionary leap forward in sustainability, replacing water with its reusable and recyclable polymer XOrbTM technology.
XOrbs deliver up to an 80% reduction in water use and material reductions in both energy and detergent, whilst delivering a superior cleaning result compared to traditional cleaning by absorbing stains and stray dye as well as extending linen life.
Xeros' technology will be delivered into the South African market by fanute as the sole distributor for Hydrofinity near-waterless laundry systems in South Africa.
Hydrofinity operates a network of approved distribution partners in markets where significant water stress is creating growing demand for its water-saving technology. This is the first of several large shipments expected to be sent in the next two months to Hydrofinity approved distribution partners in countries with high water stress and high water cost.
Mike Ferrand, Managing Director, Hydrofinity, said:
"Our near-waterless technology will bring huge sustainability benefits as climate change and a rapidly growing population place enormous stress on South Africa's water resources.
"We are now starting to make significant shipments of Xeros machines around the world. As businesses struggle with stringent restrictions on water use, our award-winning solution offers a sustainable alternative with significant competitive advantages.
"Around the world, governments and utility companies are beginning to use water pricing and taxes to reflect the need to reduce water consumption and we are ideally placed to help commercial customers minimise their water usage and cost."
Enquiries
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Xeros Technology Group plc Mark Nichols, Chief Executive Officer Paul Denney, Chief Financial Officer |
Tel: 0114 321 6328 |
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Instinctif Partners Adrian Duffield / Helen Tarbet / James Gray
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Tel: 020 7457 2020 |
About Xeros
Xeros Technology Group plc is a platform technology company that is reinventing water intensive industrial and commercial processes. Xeros is currently working to radically improve economics and sustainability of manufacturing processes used in garment and fabrics and in their subsequent life cycle of cleaning.
Xeros uses its patented reusable and recyclable XOrb technologies to significantly reduce the amount of water used in a number of major applications with the remaining water becoming far more efficient and effective in either affixing or removing molecules from substrates such as fabrics and garments. The result being significant improvements in economic, operational and sustainability outcomes that are unattainable with traditional processes.
Xeros is organised in three divisions; Textile Technologies addressing garment finishing and dyeing markets, Tanning Technologies addressing the Leather industry and Cleaning technologies comprising domestic laundry, commercial laundry (recently branded "Hydrofinity") and the cleaning of high performance workwear (branded "Marken").
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