Roundtable Discussion; The Future of Mineral Sands. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksXeros Tech Regulatory News (XSG)

Share Price Information for Xeros Tech (XSG)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 1.325
Bid: 1.30
Ask: 1.35
Change: -0.05 (-3.64%)
Spread: 0.05 (3.846%)
Open: 1.375
High: 1.375
Low: 1.325
Prev. Close: 1.375
XSG Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

XFiltra rated best laundry microparticle filter

16 Jul 2020 07:00

RNS Number : 1246T
Xeros Technology Group plc
16 July 2020
 

Xeros Technology Group plc 

Xeros XFiltra rated best laundry microparticle filter

 

Xeros Technology Group plc (AIM: XSG, 'Xeros', 'the Group'), the developer and provider of water saving and filtration technologies with multiple commercial and domestic applications, is pleased to announce that XFiltraTM, the Company's filtration technology designed to prevent the release of microplastics from laundry, has been independently verified by scientists at the University of Plymouth as being a leading device for reducing microplastic pollution released from washing machines.

 

Xeros' in-machine filtration technology, XFiltra, was tested at the University's Marine Litter Research Institute, alongside products from other companies to measure their relative effectiveness at capturing microfibres, released from clothes during wash cycles, and preventing their subsequent release in wastewater.

 

The published data states that XFiltra performed significantly better than all other products evaluated. The tests, which were designed to capture microfibres in a mixed wash of synthetic and synthetic/cotton blend garments, show that XFiltra captured 78% of microfibres released during each wash cycle.

 

Similar tests conducted by Xeros on purely synthetic garments, under independently verified protocols, show that XFiltra captures over 90% of the microplastic fibres released from them.

 

The University of Plymouth test data has been peer reviewed and is published today in the journal Science of The Total Environment.

 

Around 500,000 tonnes of microplastics flow into the world's oceans every year from washing clothes and textiles containing synthetic fibres, accounting for 35% of all primary microplastics entering the ocean[1].

 

Mark Nichols, CEO Xeros commented: "The pollution of our rivers and oceans with discarded plastic waste is happening at an alarming rate. It's harming wildlife and our precious and finely balanced ecosystems, with microplastics from washing our clothes being a significant source of contamination.

 

"XFiltra was developed with the objective of eliminating this form of pollution and with the belief that every household and commercial washing machine needs to be fitted with low cost, easy to use filtration.

 

"We're delighted that the efficiency of our filtration technology has now been confirmed by independent researchers as a world leading solution which provides every washing machine manufacturer with the ability to make a major contribution to the sustainability of garment lifecycles and our planet."

 

ENDS

 

Xeros Technology Group plc

Mark Nichols, Chief Executive Officer

Paul Denney, Chief Financial Officer

 

Tel: 0114 321 6328

 

finnCap Limited (Nominated Adviser, Broker)

Julian Blunt / Teddy Whiley, Corporate Finance

Andrew Burdis, ECM

 

Tel: 020 7220 0570

 

Notes to Editors

 

Xeros Technology Group plc develops and licenses platform technologies which transform the sustainability, performance and economics of water intensive industrial and commercial processes.

Xeros' patented XOrb™ technologies significantly reduce the amount of water used in the dyeing, finishing or laundering of soft substrates such as garments and fabrics. They enable the remaining water to become far more efficient and effective in either affixing or removing molecules, the result being improvements in economic, operational, product and sustainability outcomes. The Group is applying its technology in the fields of apparel manufacturing, tanning and commercial and domestic laundry.

Xeros' XDrum™ technology is a patented, simple, low cost machine drum design which enables XOrbs to be introduced into and subsequently removed from process cycles in Xeros' chosen fields. The design provides Original Equipment Manufacturers ('OEMs') with the ability to make simple and low-cost changes in their products to incorporate the Company's XOrb technology.

The Group has signed multiple license agreements for its XDrum and XOrb products in major commercial and domestic markets.

XFiltra™ is a proprietary in-machine filtration technology which prevents harmful microplastics, generated during washing cycles, from being released into the world's river and oceans. Microplastics released from synthetic clothing during laundering is one of the largest sources of primary microplastic pollution entering oceans every year.

For more information, please visit - http://www.xerostech.com/


[1] https://www.iucn.org/content/primary-microplastics-oceans

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
MSCEELFFBDLBBBK
Date   Source Headline
5th Jan 20167:00 amRNSBlocklisting Interim Review
24th Dec 201511:45 amRNSApplication for Block Listing
23rd Dec 20157:00 amRNSGrant of Options
11th Dec 201510:16 amRNSResult of AGM
2nd Dec 201510:46 amRNSHolding(s) in Company
1st Dec 201511:12 amRNSHolding(s) in Company
1st Dec 201510:47 amRNSHolding(s) in Company
30th Nov 201511:12 amRNSResults of General Meeting
12th Nov 20157:01 amRNSProposed Placing
12th Nov 20157:00 amRNSFull Year Results & Proposed Placing
11th Nov 20152:44 pmRNSResponse To Share Price Movement
12th Oct 201510:00 amRNSNotice of Results
14th Sep 20157:00 amRNSMark Nichols appointed Chief Executive
26th Aug 20157:00 amRNSXeros expands geographic footprint
11th Aug 20157:00 amRNSUpdate on joint development programme
29th Jul 20154:43 pmRNSBlocklisting Interim Review
2nd Jun 20159:10 amRNSOpening of Manufacturing Partner's New Facility
29th May 201511:34 amRNSTotal Voting Rights
28th Apr 20157:01 amRNSCo-development programme with LANXESS
28th Apr 20157:00 amRNSInterim Results
23rd Apr 20157:00 amRNSNorth American Partners Sign Up
3rd Mar 20157:00 amRNSNotice of Results
10th Feb 20157:00 amRNSFURTHER INCENTIVE PROGRAMMES FROM US UTILITIES
3rd Feb 20151:13 pmRNSHolding(s) in Company
2nd Feb 20153:30 pmRNSTotal Voting Rights
30th Jan 20156:15 pmRNSDirector Shareholding
28th Jan 20154:40 pmRNSSecond Price Monitoring Extn
28th Jan 20154:35 pmRNSPrice Monitoring Extension
23rd Jan 20157:00 amRNSXeros adds US patent
21st Jan 20155:45 pmRNSApplication for Block Listing
20th Jan 20154:35 pmRNSPrice Monitoring Extension
22nd Dec 20142:09 pmRNSTR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
9th Dec 201411:00 amRNSResult of AGM
3rd Nov 20143:45 pmRNSNotice of AGM & Posting of Annual Report
28th Oct 201410:45 amRNSTR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
22nd Oct 20147:01 amRNSFINAL RESULTS FOR THE YEAR ENDED 31 JULY 2014
22nd Oct 20147:00 amRNSNew Director Appointment
20th Oct 20147:00 amRNSFURTHER INCENTIVE PROGRAMMES FROM US
30th Sep 20142:15 pmRNSHolding(s) in Company
29th Sep 20147:00 amRNSNotice of Full Year Results & Capital Markets Day
22nd Sep 20147:00 amRNSUpdate on Contract Wins
3rd Jul 20147:00 amRNSAWARD OF CIP ECO-INNOVATION GRANT
18th Jun 20144:08 pmRNSBoard Change
29th May 20143:17 pmRNSTR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
29th May 20147:00 amRNSFIRST INCENTIVE PAYMENT BY A UTILITY
22nd May 201412:09 pmRNSISSUE OF SHARES
15th May 20147:00 amRNSDirector Share Purchase
1st May 20142:30 pmRNSDirector / Senior Executive Share Purchases
30th Apr 20147:00 amRNSInterim Results
25th Apr 20147:00 amRNSNotice of Results

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.