TIDMZED
Zenova Group PLC
28 March 2023
28 March 2023
Zenova Group PLC
("Zenova", the "Company" or the "Group")
Successful Pilot Project with Together Housing
Zenova Group PLC (AIM: ZED), a provider of innovative fire
safety and heat management technology and products, is pleased to
announce that Together Housing Association Limited ("Together
Housing") selected its innovative Zenova IP thermal insulation
paint for a pilot project. The aim of the pilot project was to
enable Together Housing to assess Zenova IP thermal insulation
paint's ability to insulate properties that are difficult to
insulate using traditional methods of insulation.
Together Housing is one of the largest housing associations in
the North of England and manages more than 36,000 homes across the
region. It is a non-profit organisation, meaning any money it makes
is invested back into the company for the benefit of its residents
and local communities.
The pilot project took place in Halifax, West Yorkshire on
properties which experience high energy bills throughout the year
due to poor levels of insulation. Zenova IP thermal insulation
paint was applied to internal and external walls, floors, and
ceilings of the properties to provide an immediate upgrade in
insulation, whilst also improving fire safety and decoration.
Now that the completed pilot project has demonstrated to
Together Housing the benefit of Zenova IP thermal insulation paint
in improving insulation in the properties, Zenova anticipates
Zenova IP thermal insulation paint, and other products, will be
used in Together Housing's properties where appropriate.
The pilot project is being funded through the Carbon Reduction
strategy budget (decarbonisation fund) which is working towards net
zero carbon across the property portfolio.
Patrick Berry, Together Housing's Director of Net Zero said: "We
have quite a few properties that prove difficult to insulate and
make more energy efficient and are we are always interested in cost
efficient new ways of addressing the problem. The opportunity to
pilot the Zenova insulating paint was a great opportunity to use an
innovative solution to the energy efficiency problem. The data
shows it has made a great difference to the property, helping to
make it warm and affordable."
Zenova in partnership with Synetica deployed wireless air and
surface temperature sensors. The Together Housing property was
monitored before and after installation of IP over several months.
The results show a huge improvement to the thermal comfort of the
property. The property was able to heat to desired temperature
twice as quickly and retain the heat for twice as long. This would
massively reduce the heating costs for the tenant and the
properties carbon footprint.
Commenting on the news, Tony Crawley, CEO of Zenova Group PLC
said: "In Zenova IP thermal insulation paint we have a highly
effective insulation product which is quick and easy to install and
causes minimal disruption to residents.
"As well as dramatically improving the insulation of properties,
Zenova IP thermal insulation paint also improves fire safety and
provides a decorative upgrade. This makes it a hugely efficient and
cost-effective way for social housing providers, such as Together
Housing, to improve the energy efficiency, safety and decoration of
a property in a single process.
"We look forward to working with Together Housing , now that we
have a successful pilot, as we examine other ways that Zenova's
range of products can help them upgrade fire safety and insulation
across their wider estate of properties ."
For further information please contact:
Zenova Group PLC
Tony Crawley, Chief Executive Via Orana Corporate LLP:
Officer Anthony Eastman
Don Nicolson, Non-Executive Chairman Tel: +44 20 3475 6834
SPARK Advisory Partners Limited (Nominated Adviser)
Matt Davis / Adam Dawes Tel: +44 20 3368 3550
SI Capital Limited (Broker)
Nick Emerson Tel: +44 1483 413 500
Redbine Ltd (Media Enquiries)
Paul Dulieu Tel: +44 203 093 9530
+44 7554 521 421
Email: paul@redbine.co.uk
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 applications. 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
A water-based fire-protection paint that prevents ignition and
spread of fire. It can be used in commercial, industrial, and
domestic applications on variety of materials, from wood to
metal.
Zenova FX
Patent pending fire extinguisher filled with proprietary Zenova
Fluid (Zenova FXB) that extinguishes all types of fires, reduces
chances of re-ignition, works in cold (-15 C) conditions, is
non-toxic and does not produce harmful by-products.
Zenova IP
Thermal insulation paint that creates a thermal barrier,
provides thermal reflection of sunrays and infrared radiation,
anti-condensation, and anti-mould properties. It can be applied to
virtually any exterior or interior material, regardless of the
surface.
Zenova IR
Thermal insulation renders to enhance the effectiveness of
insulation by creating a thermo shield. It fills all cavities and
gaps regardless of geometric shape and creates a vacuum - the most
effective insulator.
Zenova CS
Patent pending next generation ceiling sprinkler filled with
proprietary Zenova Fluid (Zenova FXB) that removes the need to
install large fluid tanks, piping, complicated equipment, and
software. This sprinkler could be installed in the kitchen.
The Group has achieved this without compromising the
sustainability of natural and economical resources, including
personal health and safety, with ecologically sound products.
Further information on the Group can be found at
www.zenovagroup.com
About Together Housing Association Limited
We are one of the largest housing associations in the North of
England, managing over 36,000 homes across the North of England
We are a non-profit organisation, meaning any money we make is
invested back into the company for the benefit of our residents and
local communities.
In addition to providing quality homes to rent, we also build
and manage homes for sale through the Shared Ownership scheme.
Additionally, we provide retirement living and Housing with
Care.
Not only do we provide homes, but through our charity, Newground
Together , we fund a variety of voluntary and community projects,
groups to help improve life and opportunities to work for local
people.
Find out more about Together Housing Group on our corporate
website.
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