30 August 2023

Zenova Group PLC

("Zenova", the "Company" or the "Group")

Zenova expands Zenova FP market with successful tests on steel

Zenova Group PLC (AIM: ZED), is pleased to announce a further major development in the certification process of the Company's products, as Zenova's FP fire protection,  intumescent paint has successfully been fire tested by BRE. This latest certification will directly impact Zenova's efforts to supply the construction market for Zenova FP applications for fire protection on steel.

Zenova FP fire resistance tested 

Indicative Fire Resistance Tests were performed by the independent testing house BRE using BS476-20 and BS476-21:1987 testing standards.

Tests were also carried out with Zenova FP intumescent coating applied to various loaded and unloaded I-section steel columns and fire resistance tests were performed in accordance with EN 13381-8:2013.

UK building regulation requires that all steel used in the construction industry now has to be treated with intumescent paint. Zenova FP gaining fire protection effectiveness confirmation for steel applications will open up 60%-70% of the total UK addressable market for intumescent coatings for Zenova products.

Larger international market opportunity for Zenova FP

According to a recent article published by MarketsandMarkets on Bloomberg:

·    The intumescent Coatings Market worth $725 million by 2028

·    The structural steel & cast-iron segment is expected to account for the largest shares in 2023.

·    Europe has emerged as a dominant market for cellulosic fire protection intumescent coatings due to its stringent safety regulations, advanced infrastructure, growing awareness of fire safety, and favorable market conditions.

https://www.bloomberg.com/press-releases/2023-08-25/cellulosic-fire-protection-intumescent-coatings-market-worth-725-million-by-2028-exclusive-report-by-marketsandmarkets

"We are pleased at this successful independent testing and validation of Zenova FP performance on steel," said Thomas Melchior, CEO of Zenova Group. "This opens up large potential market segments in particular for fire protection solutions on steel for the construction industry."

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About Zenova Group PLC

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 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:

Zenova FP, fire protection paint

A water based, fire protection paint (also known as a 'thermofoaming' or 'intumescent' paint), which can be used on any surface and colour matched to any colour. When exposed to heat or flames, the paint expands and creates a solid foam-like crust which will not burn and insulates the surface it is painted on. This prevents surfaces from catching fire and stops fire spreading.  It has been tested by global fire industry experts and complies with UK building regulations and the latest UK and European fire safety standards.

Zenova IP, thermal insulation paint

A thermal insulation paint embeds the most modern insulating technology in a thermos-like ultra-thin layer.  It saves energy by increasing the thermal insulation level in commercial and residential buildings. Solar heat can increase the temperature within a building by 75% to 90%. Zenova IP has been independently tested and validated to deflect, absorb and dissipate up to 75% of this heat, thereby reducing the inside temperature by up to 45%.  Suitable for both exterior and interior, on any type of surface

Zenova IR, thermal insulation render

Zenova IR is a ready mixed insulation render that can be applied to internal and external walls in commercial and residential buildings to provide immediate insulation benefits and can be colour matched to any colour.

Zenova FX, fire extinguishers

A fire extinguisher like no other. It puts out class A, B, F, E fires fully tested against European EN3 as well as British standards. Available in 6 and 9 litre sizes.

Zenova FX500, aerosol fire extinguisher

The Zenova FX500 is a high performance handheld fire extinguisher that is tested by independent experts and adheres to the highest industry standards.   Safe for use on any type of fire the Zenova FX500 reduces the risk of reignition. The Zenova FX 500 is quick, easy and safe to operated and has been tested to BS6165 standard.

Zenova WB, wildfire barrier

A wildfire barrier fluid (applied via spray wands or aerial drops), which provides a virtual barrier where fire simply will not burn. Repeated tests on a variety of extremely dry wildfire fuels (grasses, hays, brush) demonstrates the incredible fire resistance Zenova WB provides, while remaining viable after application for30+ days in dry conditions.

Zenova CS, ceiling sprinkler

Blending the best features of both detectors and extinguishers while avoiding the drawbacks of each. It senses heat rather than smoke, resulting in less false alarms, and it's an automatic system that doesn't require a battery or a person to operate it. The modular Zenova CS unit expels 2.4 - 4.8 L of proprietary Zenova FX suppression fluid at high-pressure to suppress the source of a fire, yet maintains visibility that allows occupants to evacuate quickly.