Axolot Solutions sells its first AxoPur unit
Axolot Solutions has received its first order for an AxoPur® wastewater purification unit, to Colombier Barrier Coatings in Finland.
The sold equipment has a capacity of 2 m³/h and will be used for the purification of wastewater and residues from coating of paperboard. The order includes new sales of equipment and an operating license, in addition to a service contract for consumables in the form of a continuous supply of replacement reactors. The initial order value exceeds 500 000 SEK and concerns equipment with a low degree of automation. Colombier Barrier Coatings has since the summer 2018 rented a pre-series equipment. The new order means that the customer purchases new equipment to replace the current, which will be returned to Axolot and used for trials.
“We are very satisfied with the results obtained with the AxoPur unit over the past two years. This purchase will secure our wastewater purification needs long-term and at the same time allow us to free indoor areas for other use as the new equipment will be even more compact than the already compact pre-series unit”, says Carl-Erik Guttormsen, CEO of Colombier Barrier Coatings Oy. “This first unit sale is a major step towards a long-awaited commercial breakthrough for the proprietary AxoPur technology”, says Martin Ragnar, CEO of Axolot Solutions AB. Start-up of the new equipment is planned for November 2020.
For further information, please contact:
Martin Ragnar, President and CEO Axolot Solutions, tel: +46 70 817 11 16, mail: martin.ragnar@axolotsolutions.com
This information is information that Axolot Solutions Holding AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 15:55 CET on August 19, 2020.
About Axolot Solutions
Axolot Solutions is a Swedish environmental technology company, providing systems for industrial water purification. The company offers a holistic solution based upon a proprietary technology within electro-coagulation and flotation. Axolot's water purification concept is cost efficient and enables recirculation of the water. This leads to a reduced environmental footprint.
More information about the Company and its business activities can be found at www.axolotsolutions.com.
Axolot Solutions Holding AB is based in Helsingborg, Sweden, and its shares (ticker: Axolot) are listed at Nasdaq First North Growth Market, Stockholm, since November 21, 2018. FNCA Sweden AB is the Certified Adviser of Axolot Solutions. FNCA Sweden AB can be reached at info@fnca.se and on tel +46 8 528 003 99.