Xeros Tech Share News (XSG)

(ShareCast News) - Xeros Technology's multi-phase joint development programme with LANXESS Deutschland to advance the application of Xeros' polymer bead cleaning technology in the leather processing industry is on schedule.Xeros said Phase 1 has been concluded satisfactorily and the partnership is entering the next phase of technical and commercial validation as planned for the second half of this year.The leather business unit of specialty chemicals group LANXESS supplies systems solutions for the leather industry.At 0955 BST, Xeros shares were up 2.3% at 262.74p.