Second tanning group signs heads-of-terms with Xeros
13/09/2018
It made the announcement on releasing its results for the first half of 2018, during which it earned revenues of £1.9 million from its operations, which are mostly in laundry, another sector in which there is strong interest in using polymer beads to reduce water consumption.
Chief executive, Mark Nichols, said water scarcity and pollution are major factors in “the increasing level of interest” Xeros is now seeing. Mr Nichols added: “Changing the products and production processes of large industries is inevitably challenging but the high levels of engagement across our portfolio of applications is strong evidence that wide-scale adoption is increasingly likely.”
Xeros said there have been extensive production-scale trials of its technology in tanneries, resulting in “validation” that the technology delivers “substantial savings” in water use and also in the volume of chemicals tanners consume in making leather.
Xeros announced in January 2017 that it had signed a heads-of-terms agreement with Austrian automotive tanning group Wollsdorf Leather.
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