Xeros To Focus On Textile Sector To Develop Technology
Xeros technology group plc, the developer and provider of patented polymer based systems with multiple commercial applications, will focus on the textile sector for the development of its technology. The group currently applies its polymer technology platform in cleaning technologies (including commercial and domestic laundry) and tanning technologies.
In textile technologies, Xeros has started small-scale trials. All early indications are that Xeros’ technology can reduce the chemistry, water consumption and effluent in textile manufacturing. Work is now underway to cover application areas with intellectual property registration, said the company in a statement.
“We have identified textiles as the third area of focus. It is a sector which is very water and chemical intensive and therefore holds significant potential for our technology,” said Mark Nichols, chief executive of Xeros.
“We are in advanced discussions with a number of globally recognised brands as we look to accelerate the adoption of our technology. We look forward to reporting on further progress in 2017. We are confident of increasing the penetration of our chosen markets,” he added.