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.
Stort Chemicals has been appointed as Svenska Aerogel’s new distributor in England and Ireland. With 40 years of experience, Stort is a strong market player with coatings being their main focus. Together with Stort, Svenska Aerogel will be able to reach a new geographical area in which the company sees great potential.
Svenska Aerogel Holding AB (publ) will increase prices between 10 to 20 % for all hydrophilic and hydrophobic Quartzene® products. This change will be effective for all orders and shipments on or after July 1, or as agreed in contracts.
In April, Svenska Aerogel Holding AB participated in the American Coatings Show, in collaboration with distributor Van Horn, Metz & Co. The exhibition, which takes place in Indianapolis, is the leading North American event in the coatings industry. Here, Svenska Aerogel was able to inform several manufacturers about how Quartzene® benefits Cool Roof solutions.
Svenska Aerogel Holding AB participates together with distributor Novcoat at Eurocoat in Paris at the end of March. Important existing customers and large paint manufacturers on site with great interest in Svenska Aerogel's technology for Cool Roof solutions.
Svenska Aerogel Holding AB Svenska Aerogel Holding welcomes Joakim Wanner as Sales Director at a stage when customers are approaching the pilot- and expansion phase and new ones are starting development projects with Quartzene. Joakim Wanner takes over from Marco Mayor who continues in his own business.