Svenska Aerogel Holding AB: Dekro Paints (Pty) Ltd is preparing to certify a new intumescent paint - enhanced with Svenska Aerogels material
Dekro Paints (Pty) Ltd, one of the leading manufacturers and distributors of paints and coatings in South Africa, has finalized their testing using a new intumescent paint system enhanced with Svenska Aerogel's material. The results were successful, and Dekro Paints will now initiate the third-party certification tests. They are therefore the first company in this application to enter the certification process for a product that includes Quartzene®.
Over the past years, Dekro Paints has developed a new intumescent paint system, enhanced by Svenska Aerogel's material Quartzene®, which is known for its fire-resistant properties. Following a series of successful laboratory tests, the customer entered the certification phase of the project - a required step to ensure the performance is verified by an independent institute before launch. In line with this progress, Svenska Aerogel has received an initial material order. Completion of the certification is expected to be completed by mid-2025.
"We are excited to report significant advancements in the Firepruff intumescent system. Our recent testing, enhanced by the integration of aerogel technology, has improved thermal insulation and fire resistance. This innovative material enhances the effectiveness of the intumescent system by providing superior thermal insulation and fire resistance. As we continue our testing phase, we are excited about the potential applications and the impact this advancement will have on fire protection solutions," Greg Meaker chairman of Dekro Paints.
"We are pleased to see that we now have a client preparing to launch their intumescent paint, with only the final steps remaining before market entry. Dekro Paint's leading innovation are now paving the way for many more to come, introducing this important safety product in the market," says Tor Einar Norbakk, CEO Svenska Aerogel.
About Dekro Paints Group
Dekro Paints Group is a leading South African paint manufacturer with a strong market presence and export reach across Africa, Australia and Europe. Established in 1920, the company has built a reputation for innovation, quality, and sustainability. Dekro Paints Group remains at the forefront of industry innovation, now incorporating advanced aerogel material to enhance performance, sustainability, and durability.
For further information, please contact:
Tor Einar Norbakk, CEO. Telephone: +46 (0)70 616 08 67. E-mail: toreinar.norbakk@aerogel.se
About Svenska Aerogel Holding AB (publ)
Svenska Aerogel manufactures and commercializes the mesoporous material Quartzene®. Svenska Aerogel's business concept is to meet the market's need for new materials that are in line with global sustainability objectives. Quartzene® is flexible and can be tailored to different applications to add essential properties to an end product. The company's vision is to be the most valued business partner providing pioneering material solutions for a sustainable world.
Svenska Aerogel Holding AB is listed on Nasdaq First North Growth Market. Certified Adviser is FNCA.
Gävle, January 31, 2025