4 Aug 2011 07:00
04 Aug 2011
e2v technologies plc
ProWaveTM Vermiculite Processing System Field Trial
e2v technologies plc, the specialist provider of technology solutions for high performance systems, announces today that agreement has been reached for the first commercial field trial installation of its ProWave vermiculite processing system.
The ProWave system is due to be commissioned over the next few months, running alongside conventional furnaces. Extended trials with unprocessed vermiculite from South Africa, China, Uganda, Bulgaria and India will be undertaken. The system will also function as a demonstrator for other potential customers and as a platform for continued system development.
Vermiculite is used in a number of different applications, including insulation, protective coatings and agriculture. Approximately 530,000 tonnes of vermiculite are estimated to be processed per annum, through an estimated 400 facilities around the world.
e2v's ProWave system utilises patented technology in a novel application of RF power to the processing of certain bulk materials. With respect to the processing of vermiculite, we believe the system is capable of delivering significant savings in energy consumption and also improvements in material yield.
Keith Attwood, CEO of e2v, commented:
"Working in partnership with a leading European vermiculite processing company on this first installation enables us to demonstrate our system's reliability and quality, together with the system's ability to transform the economics of vermiculite processing. We intend to provide initial feedback from this field trial with our interim financial results in November."
Further enquiries:
e2v technologies plc | Tel: +44 (0)1245 493 493 |
Keith Attwood, Chief Executive Charles Hindson, Group Finance Director |
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Website: e2v.com |
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Pelham Bell Pottinger | Tel: +44 (0)20 7861 3112 |
Archie Berens |
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Tristan Peniston-Bird |
NOTES FOR EDITORS
About e2v
e2v is a leading global provider of specialist technology for high performance systems and equipment; delivering solutions, sub-systems and components for specialist applications within medical & science, aerospace & defence, and commercial & industrial markets.
e2v is headquartered in the UK, employs approximately 1500 people, has design and production facilities across Europe and North America, and has a global network of sales and technical support offices. For the year ended 31 March 2011, e2v reported sales of £229m and is listed on the London Stock Exchange. For more information visit e2v.com.